Strait Intelligence · Strait Signal
Tanker · Weekly Chart Review
Score
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.
Chart
Daily Chart SMA / ADX / MACD / ROC / ATR · click to enlarge
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.