Country Icon

DryShips Inc. (DRYS) - Buy, Sell or Hold?

Sector: Transportation   Sub-Sector: Marine Transportation
Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 28 Apr 2017NoneBearish EngulfingThu, 20 Apr 2017-23.08%
***Stock database and scans are updated around midnight (New York time) every trading day.
1.30 0.00 (0%) Apr 28 4:00pm EDT
Open: 1.40 Range: 1.27 - 1.41 Vol: 6.47M Avg Vol: 32.54M
EPS: -1859.05 P/E ratio: 0.00 EBITDA: -38.20M Mkt Cap: 28.44M
Analyze "DRYS" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 1.30
Medium Term: Trend is Down
Last Trade is below the 20 day moving average at 1.43
Last Trade is below the 50 day moving average at 1.73
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 3.17
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of DRYS

Stock Trend Analysis - Buy, Sell or Hold "DryShips Inc." (DRYS)?

DRYS is in a long term downtrend and it has traded about 58% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 32.5M shares changing hands. The medium term trend for DRYS is extremely bearish and weak, having traded almost 86% of the time below the 50 day moving average. The 20 day moving average is also showing some signs of weakness as DRYS has been trading below its 20 SMA for 72.5% of the time in the last 8 weeks. As DRYS is in a downtrend characterized by the 200 SMA, currently at 3.17, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Technically, there is very little reason to recommend a buy on this counter. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "DRYS".

The analyst consensus estimates for the 1 year price target for this stock is $16800.00* (*source: Yahoo Finance).

Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 28 Apr 2017
Transportation Stocks Above 200 Day Moving-Average
TickerNameTrend AnalysisSupport/Resistance
PACGrupo Aeroportuario Del Pacifico, S.A. de C.V.Buy, Sell or HoldTrading Levels & Pivots
LFLLan Chile S.A.Buy, Sell or HoldTrading Levels & Pivots
CNICanadian National Railway CompanyBuy, Sell or HoldTrading Levels & Pivots
CSXCSX CorporationBuy, Sell or HoldTrading Levels & Pivots
DALDelta Air Lines Inc. (New)Buy, Sell or HoldTrading Levels & Pivots
KSUKansas City SouthernBuy, Sell or HoldTrading Levels & Pivots
CEAChina Eastern Airlines Corporation Ltd.Buy, Sell or HoldTrading Levels & Pivots
OMABGrupo Aeroportuario del Centro Norte S.A.B. de C.V.Buy, Sell or HoldTrading Levels & Pivots
MRTNMarten Transport, Ltd.Buy, Sell or HoldTrading Levels & Pivots
AIRMAir Methods CorporationBuy, Sell or HoldTrading Levels & Pivots