(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 2024-08-19 View latest technical analysis
10 day averaged volume of Genco Shipping is 559330
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 17.39 | 17.37 | 17.61 | 17.37 | 0.674 times |
| 16 Fri Aug 2024 | 17.71 | 17.61 | 17.72 | 17.42 | 0.953 times |
| 15 Thu Aug 2024 | 17.60 | 17.62 | 17.69 | 17.41 | 0.749 times |
| 14 Wed Aug 2024 | 17.45 | 17.89 | 18.03 | 17.36 | 0.824 times |
| 13 Tue Aug 2024 | 17.77 | 17.63 | 17.82 | 17.54 | 0.895 times |
| 12 Mon Aug 2024 | 17.66 | 17.45 | 17.79 | 17.25 | 0.737 times |
| 09 Fri Aug 2024 | 17.33 | 17.36 | 17.67 | 17.23 | 1.169 times |
| 08 Thu Aug 2024 | 17.41 | 17.84 | 17.84 | 17.07 | 1.422 times |
| 07 Wed Aug 2024 | 17.85 | 18.13 | 18.18 | 17.72 | 0.857 times |
| 06 Tue Aug 2024 | 17.89 | 17.50 | 18.00 | 17.20 | 1.016 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.4, but if it comes above 17.4, then a intra day buy could be more profitable.
If you take a sell trade below 17.4, then use 17.4 as stoploss and 16.1 as target. However if you take a buy trade in stock , then use 17.4 as stoploss and 18.44 as target.
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 | 20.14 |
| Upside Target | 20.89 |
| 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 | 17.22 |
| Upside Intraday Target | 17.54 |
| Upside Intraday Target | 17.7 |
| Upside Intraday Target | 17.46 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Mon Aug 2024 | 17.39 | 17.37 | 17.61 | 17.37 | 0.162 times |
| 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 |
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 |
| 19 Mon Aug 2024 | 17.39 | 19.35 | 19.47 | 16.82 | 0.641 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 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 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 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 gaining 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 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 17.6 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 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 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 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 gaining 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 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 17.6 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.