(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 2024-01-08 View latest technical analysis
10 day averaged volume of Genco Shipping is 785670
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 16.47 | 16.56 | 16.60 | 16.20 | 0.832 times |
| 05 Fri Jan 2024 | 16.90 | 16.47 | 17.01 | 16.21 | 1 times |
| 04 Thu Jan 2024 | 17.00 | 16.92 | 17.28 | 16.84 | 1.411 times |
| 03 Wed Jan 2024 | 16.77 | 16.29 | 17.04 | 16.22 | 1.687 times |
| 02 Tue Jan 2024 | 16.24 | 16.65 | 16.77 | 16.23 | 0.961 times |
| 29 Fri Dec 2023 | 16.59 | 16.60 | 16.71 | 16.37 | 0.829 times |
| 29 Fri Dec 2023 | 16.59 | 16.60 | 16.71 | 16.37 | 0.829 times |
| 28 Thu Dec 2023 | 16.48 | 16.36 | 16.72 | 16.33 | 0.856 times |
| 27 Wed Dec 2023 | 16.45 | 16.22 | 16.48 | 16.22 | 0.766 times |
| 26 Tue Dec 2023 | 16.23 | 16.30 | 16.44 | 16.09 | 0.777 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 16.8 as stoploss in an intra day sell trade for a target of 16.03. However, stock will show a bullish move above 16.8.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 12.65 |
| Downside Target | 12.93 |
| Downside Target | 14.03 |
| Downside Target | 14.74 |
| Downside Target | 15.56 |
| Downside Target | 16.09 |
| Upside Target | 16.54 |
| Upside Target | 16.60 |
| Upside Target | 16.71 |
| Upside Target | 16.72 |
| Upside Target | 17.28 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 16.25 |
| Downside Intraday Target | 16.02 |
| Upside Intraday Target | 16.65 |
| Upside Intraday Target | 16.82 |
| Downside Intraday Target | 16.42 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Jan 2024 | 16.47 | 16.56 | 16.60 | 16.20 | 0.164 times |
| 05 Fri Jan 2024 | 16.90 | 16.65 | 17.28 | 16.21 | 6.103 times |
| 29 Fri Dec 2023 | 16.59 | 16.60 | 16.71 | 16.37 | 0.257 times |
| 29 Fri Dec 2023 | 16.59 | 16.30 | 16.72 | 16.09 | 0.673 times |
| 22 Fri Dec 2023 | 16.46 | 16.00 | 16.54 | 15.57 | 0.971 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 |
| 08 Mon Jan 2024 | 16.47 | 16.65 | 17.28 | 16.20 | 0.291 times |
| 29 Fri Dec 2023 | 16.59 | 15.55 | 16.72 | 14.03 | 0.959 times |
| 30 Thu Nov 2023 | 15.52 | 13.21 | 15.56 | 12.65 | 1.28 times |
| 31 Tue Oct 2023 | 13.17 | 14.00 | 14.74 | 12.93 | 0.981 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Genco Shipping in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying 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 16.62 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 is giving positive 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Genco Shipping in short term and the buy signal is strong.
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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term but buying 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 16.62 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 is giving positive 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.