(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 2024-01-31 View latest technical analysis
10 day averaged volume of Genco Shipping is 694420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 17.54 | 17.93 | 18.00 | 17.54 | 0.96 times |
| 30 Tue Jan 2024 | 17.88 | 17.65 | 17.92 | 17.63 | 0.763 times |
| 29 Mon Jan 2024 | 17.73 | 17.76 | 17.76 | 17.34 | 0.836 times |
| 26 Fri Jan 2024 | 17.81 | 17.50 | 17.85 | 17.42 | 0.918 times |
| 25 Thu Jan 2024 | 17.42 | 17.67 | 17.67 | 17.12 | 0.833 times |
| 24 Wed Jan 2024 | 17.65 | 17.00 | 17.66 | 17.00 | 1.371 times |
| 23 Tue Jan 2024 | 16.82 | 17.00 | 17.09 | 16.82 | 0.962 times |
| 22 Mon Jan 2024 | 17.05 | 17.02 | 17.09 | 16.85 | 0.93 times |
| 19 Fri Jan 2024 | 17.10 | 17.03 | 17.11 | 16.74 | 1.333 times |
| 18 Thu Jan 2024 | 16.98 | 16.49 | 17.01 | 16.38 | 1.287 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.5, but if it comes below 17.5, then a intra day sell could be more profitable.
If you take a sell trade below 17.5, then use 17.5 as stoploss and 16.83 as target. However if you take a buy trade in stock , then use 17.5 as stoploss and 18.3 as target.
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 | 16.60 |
| Downside Target | 16.72 |
| Downside Target | 16.82 |
| Downside Target | 17.11 |
| Downside Target | 17.34 |
| Upside Target | 17.85 |
| Upside Target | 18.00 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 17.25 |
| Downside Intraday Target | 16.97 |
| Upside Intraday Target | 17.91 |
| Upside Intraday Target | 18.29 |
| Upside Intraday Target | 17.63 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Wed Jan 2024 | 17.54 | 17.76 | 18.00 | 17.34 | 0.511 times |
| 26 Fri Jan 2024 | 17.81 | 17.02 | 17.85 | 16.82 | 1.103 times |
| 19 Fri Jan 2024 | 17.10 | 16.18 | 17.11 | 15.99 | 5.325 times |
| 12 Fri Jan 2024 | 15.95 | 16.10 | 16.22 | 15.85 | 0.195 times |
| 12 Fri Jan 2024 | 15.95 | 16.56 | 16.60 | 15.67 | 0.763 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 |
| 31 Wed Jan 2024 | 17.54 | 16.65 | 18.00 | 15.67 | 1.008 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Genco Shipping in short term and the buy signal is strong.
Genco Shipping Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.
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 17.37 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 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 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 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 Strong and stock is losing momentum.
MACD generated a BUY signal for Genco Shipping in short term and the buy signal is strong.
Genco Shipping Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 but SELL signal is weak.
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 17.37 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.