Star Bulk Carriers Corp. ($SBLK) Faces Up Against MasterCraft Boat Holdings, Inc. ($MCFT)

2019-08-16 | Welcome! Today we compared how two different stocks in the Marine Transportation industry are trading: Star Bulk Carriers Corp. and MasterCraft Boat Holdings, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Star Bulk Carriers Corp. opened at 9.21, got to a maximum price of 9.28 and dropped to as low as 9.01 before finishing the session at 9.21. In total there were 384700 shares traded, which is enough to conduct our analysis. Compare that now to MasterCraft Boat Holdings, Inc., which opened at 14.13, had a high of 14.25, a low of 13.73, closed at 13.86 and had a total volume of 153800.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Star Bulk Carriers Corp. MasterCraft Boat Holdings, Inc.
Accumulation-distribution index 114.52429 149.94193
on-balance volume 9.22 14.11
chaikin money flow

6.71429 7.66667
force index

-0.0561 0.4488
ease of movement rating

-0.00509 -0.00103
volume-price trend

0.67514 -4.63003
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Star Bulk Carriers Corp. MasterCraft Boat Holdings, Inc.
Average true range 0.22433 0.56146
Bolinger bands 9.33542 14.1027
Upper bollinger band 8.85458 13.552
Lower bollinger band

9.01 13.73
Bollinger high band indicator

nan 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

9.16667 14.03667
High band keltner channel

9.09667 13.91667
Low band keltner channel

9.23667 14.15667
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

9.01 13.73
Donchain channel low band

9.01 13.73
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Star Bulk Carriers Corp. MasterCraft Boat Holdings, Inc.
Moving Average Convergence Divergence (MACD) trend_macd 0.00437
MACD signal 0.00212 0.00243
MACD difference 0.0017 0.00194
fast Exponential Moving Average (EMA) indicator

9.01 13.73
slow Exponential Moving Average (EMA) indicator

9.01 13.73
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.20935 0.17378
trix

3.07636 -27.26416
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

66.66667 66.66667
Detrended Price Oscillator (DPO)

-0.62728 6.97454
KST Oscillator (KST)

74.83051 -336.86051
KST Oscillator (KST Signal)

74.83051 -336.86051
KST difference

5.06996 2.35093
Ichimoku rating

9.245 14.19
Ichimoku B rating

9.245 14.19
Ichimoku visual trend A

8.89825 20.67653
Ichimoku visual trend B

9.295 19.30819
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Star Bulk Carriers Corp. MasterCraft Boat Holdings, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 50.64186
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

75.82448 -8.05634
stochastic oscillator

385.71429 433.33333
stochastic oscillator signal

385.71429 433.33333
Williams %R rating

285.71429 333.33333
awesome oscillator

0.01867 0.09365

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Star Bulk Carriers Corp. and MasterCraft Boat Holdings, Inc..

Daily return 7.48305 -33.68605
Daily log return 1.86921 1.4081
Cumulative return 1.88679 1.41806

So there you have it: our deep, grueling analysis comparing Star Bulk Carriers Corp. and MasterCraft Boat Holdings, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Star Bulk Carriers Corp.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether SBLK is strong or weak. Again – this is not a reliable indication of whether Star Bulk Carriers Corp. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with MasterCraft Boat Holdings, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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