International sea lanes: technical analysis

Henrik Alex profile picture


chart of the day It belongs to the International Seaways (INSW) oil tanker company. I found the stock by ranking Russell 3000 Index stocks first by the most frequent number of new highs in the last month and have a buy signal from Trend Spotter, then used the Flipchart feature to review the charts for consistent price appreciation. Since Trend Spotter first signaled a buy on 10/12, the stock has gained 26.42%.

INSW International Seaways

INSW Price vs Daily Moving Averages

International Seaways, Inc. owns and operates a fleet of transoceanic vessels for the transportation of crude oil and petroleum products in the international flag trade. It operates in two segments, Crude Oil Tankers and Product Carriers. As of December 31, 2021, the company owned and operated a fleet of 83 vessels, including 12 chartered vessels, as well as having ownership interests in two floating storage and offloading service vessels. It serves independent and state-owned oil companies, oil traders, refinery operators, and international government entities. The company was previously known as OSG International, Inc. and changed its name to International Seaways, Inc. in October 2016. International Seaways, Inc. was incorporated in 1999 and is headquartered in New York, New York.

Barchart’s Opinion Trading systems are listed below. Please note that Barchart sentiment indicators are updated live during the session every 20 minutes and therefore may change during the day as the market fluctuates. Therefore, the indicator numbers shown below may not match what you see live on the website when you read this report.

Bar Chart Technical Indicators:

  • 100% technical buying signals
  • 203.10+ alpha weighted
  • 145.16% profit in the last year
  • Trend Spotter Buy Signal
  • Above its 20, 50 and 100 day moving averages
  • 19 new highs and up 33.10% in the last month
  • Relative Strength Index 77.19%
  • Technical support level at 44.67
  • Recently traded at $45.60 with a 50 day moving average of $36.81
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Fundamental factors:

  • Market capitalization $2.25 billion
  • Dividend yield 1.06%
  • Revenue is expected to grow 196.10% this year and another 4.30% next year
  • Earnings are estimated to increase 285.90% this year and increase an additional 5.70% next year

Analyst and Investor Sentiment: I don’t buy stocks because everyone else is buying, but I do realize that if major companies and investors dump a stock, it’s hard to make money swimming upstream:

  • Wall Street analysts have 6 strong buy and 1 strong buy opinions on this stock.
  • Analysts have price targets of $30.00 to $60.00 with an average of $46.14
  • 4,660 investors are monitoring this stock on Seeking Alpha

Summary of qualifications

Factor Ratings

Quantitative classification




Storage and Transportation of Oil and Gas

General ranking

813 of 4746

Classified in Sector

52 of 246

Industry Classified

8 of 61

Quantitative ratings outperform the market »

Dividend Grades

Dividend Grades Outperform Market »

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