(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 2024-05-23 View latest technical analysis
10 day averaged volume of Genco Shipping is 750425
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 21.64 | 22.30 | 22.38 | 21.51 | 1.15 times |
| 22 Wed May 2024 | 22.13 | 22.54 | 22.57 | 21.97 | 0.946 times |
| 21 Tue May 2024 | 22.78 | 22.86 | 23.11 | 22.75 | 0.778 times |
| 20 Mon May 2024 | 23.30 | 23.14 | 23.39 | 23.13 | 0.878 times |
| 17 Fri May 2024 | 23.18 | 23.09 | 23.21 | 22.99 | 0.739 times |
| 16 Thu May 2024 | 23.03 | 22.73 | 23.06 | 22.61 | 0.868 times |
| 15 Wed May 2024 | 22.53 | 22.83 | 22.85 | 22.37 | 0.945 times |
| 14 Tue May 2024 | 22.83 | 22.91 | 22.99 | 22.60 | 1.186 times |
| 13 Mon May 2024 | 22.95 | 22.99 | 23.12 | 22.73 | 1.111 times |
| 10 Fri May 2024 | 22.84 | 23.00 | 23.16 | 22.65 | 1.101 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.8, but if it comes above 21.8, then a intra day buy could be more profitable.
If you take a sell trade below 21.8, then use 21.8 as stoploss and 21.1 as target. However if you take a buy trade in stock , then use 21.8 as stoploss and 22.37 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 | 20.43 |
| 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 | 20.97 |
| Downside Intraday Target | 20.3 |
| Upside Intraday Target | 22.85 |
| Upside Intraday Target | 24.06 |
| Upside Intraday Target | 22.18 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 21.64 | 23.14 | 23.39 | 21.51 | 0.774 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 |
| 26 Fri Apr 2024 | 21.55 | 20.48 | 21.62 | 20.43 | 1.183 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 |
| 23 Thu May 2024 | 21.64 | 21.35 | 23.43 | 21.27 | 1.081 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 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 short 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 short to mid 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 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 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 getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 22.69 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 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 short 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 short to mid 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 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 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 getting stronger in this stock.
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 22.69 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.