(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 2024-08-16 View latest technical analysis
10 day averaged volume of Genco Shipping is 564700
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 17.71 | 17.61 | 17.72 | 17.42 | 0.944 times |
| 15 Thu Aug 2024 | 17.60 | 17.62 | 17.69 | 17.41 | 0.742 times |
| 14 Wed Aug 2024 | 17.45 | 17.89 | 18.03 | 17.36 | 0.816 times |
| 13 Tue Aug 2024 | 17.77 | 17.63 | 17.82 | 17.54 | 0.886 times |
| 12 Mon Aug 2024 | 17.66 | 17.45 | 17.79 | 17.25 | 0.73 times |
| 09 Fri Aug 2024 | 17.33 | 17.36 | 17.67 | 17.23 | 1.158 times |
| 08 Thu Aug 2024 | 17.41 | 17.84 | 17.84 | 17.07 | 1.408 times |
| 07 Wed Aug 2024 | 17.85 | 18.13 | 18.18 | 17.72 | 0.849 times |
| 06 Tue Aug 2024 | 17.89 | 17.50 | 18.00 | 17.20 | 1.006 times |
| 05 Mon Aug 2024 | 17.54 | 17.32 | 17.84 | 16.82 | 1.365 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 17.5 as stoploss in an intra day buy trade for a target of 18.61. However, stock will show a bearish move below 17.5.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 16.82 |
| Downside Target | 17.25 |
| Upside Target | 18.03 |
| Upside Target | 19.12 |
| Upside Target | 19.93 |
| Upside Target | 20.89 |
| Upside Target | 21.02 |
| Upside Target | 21.27 |
| Upside Target | 21.62 |
| 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 | 17.3 |
| Downside Intraday Target | 16.88 |
| Upside Intraday Target | 18.08 |
| Upside Intraday Target | 18.44 |
| Downside Intraday Target | 17.66 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Fri Aug 2024 | 17.71 | 17.45 | 18.03 | 17.25 | 0.712 times |
| 09 Fri Aug 2024 | 17.33 | 17.32 | 18.18 | 16.82 | 1.235 times |
| 02 Fri Aug 2024 | 18.17 | 19.74 | 20.00 | 18.07 | 1.082 times |
| 26 Fri Jul 2024 | 19.56 | 20.40 | 20.89 | 19.38 | 1.169 times |
| 19 Fri Jul 2024 | 20.24 | 20.89 | 21.02 | 20.15 | 0.698 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 |
| 16 Fri Aug 2024 | 17.71 | 19.35 | 19.47 | 16.82 | 0.607 times |
| 31 Wed Jul 2024 | 19.41 | 21.65 | 22.18 | 19.12 | 1.181 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 |
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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Genco Shipping stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Genco Shipping in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Genco Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 17.6 and Genco Shipping (GNK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Genco Shipping stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Genco Shipping in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Genco Shipping Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 17.6 and Genco Shipping (GNK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.