(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 2024-09-13 View latest technical analysis
10 day averaged volume of Genco Shipping is 384400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 17.24 | 17.36 | 17.41 | 17.10 | 0.828 times |
| 12 Thu Sep 2024 | 17.13 | 17.15 | 17.27 | 16.88 | 1.028 times |
| 11 Wed Sep 2024 | 17.03 | 16.48 | 17.06 | 16.48 | 1.208 times |
| 10 Tue Sep 2024 | 16.39 | 16.85 | 16.85 | 16.28 | 1.208 times |
| 09 Mon Sep 2024 | 16.64 | 16.67 | 16.91 | 16.63 | 0.893 times |
| 06 Fri Sep 2024 | 16.63 | 16.84 | 16.86 | 16.46 | 0.969 times |
| 05 Thu Sep 2024 | 16.88 | 17.07 | 17.38 | 16.85 | 1.066 times |
| 04 Wed Sep 2024 | 16.90 | 16.97 | 17.08 | 16.79 | 1.176 times |
| 03 Tue Sep 2024 | 17.01 | 17.35 | 17.47 | 16.93 | 1.097 times |
| 30 Fri Aug 2024 | 17.59 | 17.45 | 17.61 | 17.40 | 0.678 times |
My analysis of stock is bullish for shortterm, and stock might move up till 17.5 or till 17.8. Use a stoploss of 17.13 and if this stock hits its stoploss, then it can fall down till 16.81
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 16.28 |
| Downside Target | 16.82 |
| Upside Target | 17.61 |
| Upside Target | 17.67 |
| Upside Target | 19.12 |
| Upside Target | 19.47 |
| Upside Target | 20.14 |
| Upside Target | 21.27 |
| 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 | 16.54 |
| Downside Intraday Target | 15.85 |
| Upside Intraday Target | 17.67 |
| Upside Intraday Target | 18.11 |
| Downside Intraday Target | 16.98 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 17.24 | 16.67 | 17.41 | 16.28 | 1.199 times |
| 06 Fri Sep 2024 | 16.63 | 17.35 | 17.47 | 16.46 | 6.356 times |
| 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 |
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 |
| 13 Fri Sep 2024 | 17.24 | 17.35 | 17.47 | 16.28 | 0.338 times |
| 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 |
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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. 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 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
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 16.91 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak 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. 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 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
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 16.91 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.