(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 2024-07-16 View latest technical analysis
10 day averaged volume of Genco Shipping is 530740
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 20.84 | 20.85 | 21.02 | 20.69 | 0.655 times |
| 15 Mon Jul 2024 | 20.78 | 20.89 | 21.02 | 20.60 | 0.845 times |
| 12 Fri Jul 2024 | 20.93 | 20.92 | 21.08 | 20.68 | 1.165 times |
| 11 Thu Jul 2024 | 20.84 | 20.73 | 20.93 | 20.50 | 0.947 times |
| 10 Wed Jul 2024 | 20.73 | 20.64 | 20.87 | 20.47 | 1.399 times |
| 09 Tue Jul 2024 | 20.53 | 20.67 | 20.75 | 20.45 | 0.983 times |
| 08 Mon Jul 2024 | 20.66 | 20.84 | 20.89 | 20.55 | 1.15 times |
| 05 Fri Jul 2024 | 21.08 | 21.78 | 21.83 | 21.07 | 0.841 times |
| 03 Wed Jul 2024 | 22.07 | 21.88 | 22.18 | 21.77 | 0.7 times |
| 03 Wed Jul 2024 | 22.07 | 21.88 | 22.18 | 21.77 | 0.7 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.7 as stoploss in an intra day buy trade for a target of 21.15. However, stock will show a bearish move below 20.7.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 19.39 |
| Downside Target | 19.93 |
| Upside Target | 21.27 |
| Upside Target | 21.35 |
| Upside Target | 21.62 |
| Upside Target | 21.79 |
| Upside Target | 22.18 |
| Upside Target | 22.68 |
| Upside Target | 23.43 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 20.62 |
| Downside Intraday Target | 20.4 |
| Upside Intraday Target | 21.04 |
| Upside Intraday Target | 21.24 |
| Downside Intraday Target | 20.82 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 20.84 | 20.89 | 21.02 | 20.60 | 0.266 times |
| 12 Fri Jul 2024 | 20.93 | 20.84 | 21.08 | 20.45 | 3.662 times |
| 05 Fri Jul 2024 | 21.08 | 21.88 | 22.18 | 21.07 | 0.522 times |
| 03 Wed Jul 2024 | 22.07 | 21.65 | 22.18 | 21.35 | 0.575 times |
| 28 Fri Jun 2024 | 21.31 | 21.10 | 21.79 | 20.80 | 1.786 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 |
| 16 Tue Jul 2024 | 20.84 | 21.65 | 22.18 | 20.45 | 0.646 times |
| 28 Fri Jun 2024 | 21.31 | 22.59 | 22.68 | 20.14 | 0.588 times |
| 31 Fri May 2024 | 22.52 | 21.35 | 23.43 | 21.27 | 1.358 times |
| 30 Tue Apr 2024 | 21.34 | 20.50 | 21.62 | 19.93 | 0.823 times |
Scroll below to view daily charts
Price has moved down 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Genco Shipping ( (GNK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Genco Shipping ( (GNK) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Genco Shipping ( (GNK) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Genco Shipping stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Genco Shipping in short term and the sell signal is strong.
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 red color and prices are below the red 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 20.98 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 negative.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Genco Shipping ( (GNK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Genco Shipping ( (GNK) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Genco Shipping ( (GNK) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
ADX buy sell signal for Genco Shipping stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Genco Shipping in short term and the sell signal is strong.
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 red color and prices are below the red 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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 20.98 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.