Box Ships Inc. (TEU) - Buy, Sell or Hold?
Stock Trend Analysis - Buy, Sell or Hold "Box Ships Inc." (TEU)?
TEU is in a very strong downtrend. For the last 52 weeks, TEU has maintained to stay firmly below the 200 day moving average for 88% of the time. Rallies will be sold into until the downtrend reverses. The medium term trend for TEU is also extremely bearish and weak, having traded almost 100% of the time below the 50 day moving average. The 20 day moving average is also indicating a very strong downtrend as TEU has been trading below its 20 SMA for 100% of the time in the last 8 weeks. TEU may be overdue for a relief rally but it has to be noted that as TEU is still in a strong downtrend characterized by the 200 SMA, currently at 0.65, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "TEU".
The analyst consensus estimates for the 1 year price target for this stock is $1.00* (*source: Yahoo Finance).