(GNK) Genco Shipping complete technical analysis [charts+indicators] | Buy/Sell Genco Shipping | (GNK) share price targets
Complete technical analysis of Genco Shipping (GNK) by charts plus indicators, forecast predictions and share price targets for Genco Shipping (GNK)
Genco Shipping trades in USA in Transportation sector.
Showing technical analysis as on 2024-05-28 View latest technical analysis
10 day averaged volume of Genco Shipping is 709725
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 21.86 | 22.25 | 22.25 | 21.62 | 1.079 times |
| 24 Fri May 2024 | 22.11 | 21.92 | 22.33 | 21.89 | 0.906 times |
| 23 Thu May 2024 | 21.64 | 22.30 | 22.38 | 21.51 | 1.216 times |
| 22 Wed May 2024 | 22.13 | 22.54 | 22.57 | 21.97 | 1 times |
| 21 Tue May 2024 | 22.78 | 22.86 | 23.11 | 22.75 | 0.822 times |
| 20 Mon May 2024 | 23.30 | 23.14 | 23.39 | 23.13 | 0.928 times |
| 17 Fri May 2024 | 23.18 | 23.09 | 23.21 | 22.99 | 0.781 times |
| 16 Thu May 2024 | 23.03 | 22.73 | 23.06 | 22.61 | 0.917 times |
| 15 Wed May 2024 | 22.53 | 22.83 | 22.85 | 22.37 | 0.999 times |
| 14 Tue May 2024 | 22.83 | 22.91 | 22.99 | 22.60 | 1.254 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.9, but if it comes above 21.9, then a intra day buy could be more profitable.
If you take a sell trade below 21.9, then use 21.9 as stoploss and 21.2 as target. However if you take a buy trade in stock , then use 21.9 as stoploss and 22.42 as target.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 15.67 |
| Downside Target | 16.94 |
| Downside Target | 18.00 |
| Downside Target | 19.39 |
| Downside Target | 19.93 |
| Downside Target | 20.44 |
| Downside Target | 21.24 |
| Upside Target | 22.25 |
| Upside Target | 22.37 |
| Upside Target | 22.38 |
| Upside Target | 23.21 |
| Upside Target | 23.39 |
| Upside Target | 23.43 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 21.57 |
| Downside Intraday Target | 21.28 |
| Upside Intraday Target | 22.2 |
| Upside Intraday Target | 22.54 |
| Upside Intraday Target | 21.91 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 21.86 | 22.25 | 22.25 | 21.62 | 0.221 times |
| 24 Fri May 2024 | 22.11 | 23.14 | 23.39 | 21.51 | 0.951 times |
| 17 Fri May 2024 | 23.18 | 22.99 | 23.21 | 22.37 | 0.773 times |
| 10 Fri May 2024 | 22.84 | 21.96 | 23.43 | 21.73 | 1.612 times |
| 03 Fri May 2024 | 22.26 | 21.49 | 22.38 | 21.27 | 1.233 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Genco Shipping (GNK)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 21.86 | 21.35 | 23.43 | 21.27 | 1.198 times |
| 30 Tue Apr 2024 | 21.34 | 20.50 | 21.62 | 19.93 | 0.823 times |
| 28 Thu Mar 2024 | 20.33 | 20.53 | 21.24 | 19.39 | 0.858 times |
| 29 Thu Feb 2024 | 20.40 | 17.69 | 20.44 | 16.94 | 1.059 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Genco Shipping (GNK)
Price action analysis of Genco Shipping ( (GNK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Genco Shipping ( (GNK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Genco Shipping ( (GNK) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Genco Shipping ( (GNK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Genco Shipping stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Genco Shipping in short term but the sell signal is initial and weak.
Genco Shipping Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Genco Shipping in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Genco Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.5 and Genco Shipping (GNK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Genco Shipping (GNK) stock. Volume based technical analysis of Genco Shipping (GNK) stock is negative.
Genco Shipping Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Genco Shipping ( (GNK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Genco Shipping ( (GNK) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Genco Shipping ( (GNK) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Genco Shipping ( (GNK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Genco Shipping stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Genco Shipping in short term but the sell signal is initial and weak.
Genco Shipping Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Genco Shipping in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Genco Shipping is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.5 and Genco Shipping (GNK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Genco Shipping (GNK) stock. Volume based technical analysis of Genco Shipping (GNK) stock is negative.
Genco Shipping Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.