(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 2024-05-30 View latest technical analysis
10 day averaged volume of Genco Shipping is 697015
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 22.29 | 22.09 | 22.37 | 21.95 | 0.839 times |
| 29 Wed May 2024 | 22.02 | 21.58 | 22.12 | 21.55 | 1.192 times |
| 28 Tue May 2024 | 21.86 | 22.25 | 22.25 | 21.62 | 1.098 times |
| 24 Fri May 2024 | 22.11 | 21.92 | 22.33 | 21.89 | 0.923 times |
| 23 Thu May 2024 | 21.64 | 22.30 | 22.38 | 21.51 | 1.239 times |
| 22 Wed May 2024 | 22.13 | 22.54 | 22.57 | 21.97 | 1.019 times |
| 21 Tue May 2024 | 22.78 | 22.86 | 23.11 | 22.75 | 0.837 times |
| 20 Mon May 2024 | 23.30 | 23.14 | 23.39 | 23.13 | 0.945 times |
| 17 Fri May 2024 | 23.18 | 23.09 | 23.21 | 22.99 | 0.795 times |
| 16 Thu May 2024 | 23.03 | 22.73 | 23.06 | 22.61 | 0.934 times |
My analysis of stock is bearish for shortterm, and stock might move down till 22 or till 21.5. Use a stoploss of 22.48 and if the stock hits stoploss, then it can shoot up till 22.94
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 | 22.37 |
| 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 | 21.77 |
| Downside Intraday Target | 21.25 |
| Upside Intraday Target | 22.59 |
| Upside Intraday Target | 22.89 |
| Downside Intraday Target | 22.07 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Thu May 2024 | 22.29 | 22.25 | 22.37 | 21.55 | 0.631 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 up 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 |
| 30 Thu May 2024 | 22.29 | 21.35 | 23.43 | 21.27 | 1.316 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 Weak and stock is losing 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Genco Shipping in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Genco Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.38 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 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 Weak and stock is losing 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Genco Shipping in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Genco Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.38 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.