(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 2024-08-30 View latest technical analysis
10 day averaged volume of Genco Shipping is 364190
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 17.59 | 17.45 | 17.61 | 17.40 | 0.715 times |
| 30 Fri Aug 2024 | 17.59 | 17.45 | 17.61 | 17.40 | 0.715 times |
| 29 Thu Aug 2024 | 17.50 | 17.46 | 17.67 | 17.25 | 1.186 times |
| 28 Wed Aug 2024 | 17.27 | 17.33 | 17.55 | 17.18 | 1.045 times |
| 27 Tue Aug 2024 | 17.55 | 17.24 | 17.65 | 17.24 | 0.971 times |
| 26 Mon Aug 2024 | 17.20 | 17.27 | 17.45 | 17.19 | 0.905 times |
| 23 Fri Aug 2024 | 17.17 | 16.99 | 17.32 | 16.96 | 1.121 times |
| 22 Thu Aug 2024 | 16.99 | 17.31 | 17.37 | 16.96 | 0.677 times |
| 21 Wed Aug 2024 | 17.34 | 17.35 | 17.58 | 17.34 | 0.881 times |
| 20 Tue Aug 2024 | 17.19 | 17.33 | 17.47 | 17.15 | 1.465 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17.7 as stoploss in an intra day sell trade for a target of 17.47. However, stock will show a bullish move above 17.7.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 16.82 |
| Upside Target | 18.03 |
| Upside Target | 19.12 |
| Upside Target | 19.47 |
| Upside Target | 19.93 |
| Upside Target | 20.14 |
| 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 | 17.46 |
| Downside Intraday Target | 17.32 |
| Upside Intraday Target | 17.67 |
| Upside Intraday Target | 17.74 |
| Downside Intraday Target | 17.53 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 17.59 | 17.45 | 17.61 | 17.40 | 0.148 times |
| 30 Fri Aug 2024 | 17.59 | 17.27 | 17.67 | 17.18 | 0.931 times |
| 23 Fri Aug 2024 | 17.17 | 17.37 | 17.61 | 16.96 | 0.811 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 |
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 |
| 30 Fri Aug 2024 | 17.59 | 19.35 | 19.47 | 16.82 | 0.953 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Genco Shipping in short term
RSI is generating a SELL signal in short term but selling is losing 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 17.33 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 rising upwards.
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 is giving positive 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Genco Shipping in short term
RSI is generating a SELL signal in short term but selling is losing 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 17.33 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 rising upwards.
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 is giving positive 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.