Strait Intelligence · Strait Signal
Tanker · Weekly Chart Review
50/100 Orange
Prior entry (28 Jul 2026, provisional): 80/100 → Green. Real decline — Green → Orange.
Trend · 35/35
Price > 250 SMA✓ +20
Price > 50 SMA✓ +15
Momentum · 15/35
MACD bullish✗ +20
ROC positive✓ +15
Trend Strength · 0/20
ADX > 25(value: 18.06)✗ +20
Volatility · 0/10
ATR vs 50d avg(expanded, visual estimate)✗ +10
Note: A real deterioration since the provisional read. Trend still fully intact — price well above both the 50 SMA ($85.68) and 250 SMA ($64.60). But momentum has cracked: MACD’s histogram flipped negative at today’s close, even as ROC still prints a marginal +1.90 — a genuine bearish crossover just happened, not yet confirmed by the slower ROC read. ADX at 18.06 shows no trend-strength support either way. Volatility is the bigger flag: ATR has more than doubled since March and is still sitting near its recent highs, a real expansion that costs the full 10 points. Worth watching closely ahead of Monday’s Q2 report.
Daily Chart SMA / ADX / MACD / ROC / ATR · click to enlarge
International Seaways Inc (INSW) daily chart with 50/250 SMA, ADX, MACD, ROC, and ATR panels
INSW is the one real deterioration in this week’s batch, and it lands right ahead of Monday’s Q2 report. The trend leg still scores in full — price remains a long way above both moving averages after its year-long run — but momentum has just cracked: MACD’s histogram flipped negative on today’s close, a fresh bearish signal that the slower Rate of Change hasn’t caught up to yet (still marginally positive at +1.90). ADX at 18.06 offers no directional conviction either way, leaving this squarely a momentum-only story for now. The bigger tell is volatility: ATR has more than doubled off its March base and remains elevated into the print, the kind of expansion that typically precedes a re-rating rather than settling down. Earnings Monday will likely decide which way this resolves.