(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 2024-04-08 View latest technical analysis
10 day averaged volume of Genco Shipping is 689140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 20.32 | 20.78 | 20.78 | 20.31 | 0.729 times |
| 05 Fri Apr 2024 | 20.72 | 20.55 | 20.79 | 20.50 | 0.726 times |
| 04 Thu Apr 2024 | 20.55 | 20.94 | 21.01 | 20.51 | 0.815 times |
| 03 Wed Apr 2024 | 21.01 | 20.24 | 21.06 | 20.08 | 1.19 times |
| 02 Tue Apr 2024 | 20.06 | 20.21 | 20.24 | 19.93 | 1.262 times |
| 01 Mon Apr 2024 | 20.38 | 20.50 | 20.57 | 20.22 | 1.444 times |
| 28 Thu Mar 2024 | 20.33 | 20.19 | 20.70 | 20.19 | 0.871 times |
| 27 Wed Mar 2024 | 20.14 | 19.91 | 20.17 | 19.84 | 0.729 times |
| 26 Tue Mar 2024 | 19.79 | 19.99 | 20.17 | 19.63 | 1.328 times |
| 25 Mon Mar 2024 | 20.05 | 20.40 | 20.44 | 20.05 | 0.867 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20 or till 19.6. Use a stoploss of 20.4 and if the stock hits stoploss, then it can shoot up till 20.76
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 14.03 |
| Downside Target | 15.67 |
| Downside Target | 16.72 |
| Downside Target | 18.00 |
| Downside Target | 19.39 |
| Upside Target | 20.50 |
| Upside Target | 20.70 |
| Upside Target | 20.78 |
| Upside Target | 21.06 |
| Upside Target | 21.24 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 20.16 |
| Downside Intraday Target | 20 |
| Upside Intraday Target | 20.63 |
| Upside Intraday Target | 20.94 |
| Upside Intraday Target | 20.47 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Mon Apr 2024 | 20.32 | 20.78 | 20.78 | 20.31 | 0.134 times |
| 05 Fri Apr 2024 | 20.72 | 20.50 | 21.06 | 19.93 | 1.433 times |
| 28 Thu Mar 2024 | 20.33 | 20.40 | 20.70 | 19.63 | 0.704 times |
| 22 Fri Mar 2024 | 20.42 | 20.38 | 20.50 | 19.39 | 1.059 times |
| 15 Fri Mar 2024 | 20.42 | 20.45 | 21.24 | 20.22 | 0.962 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 Apr 2024 | 20.32 | 20.50 | 21.06 | 19.93 | 0.292 times |
| 28 Thu Mar 2024 | 20.33 | 20.53 | 21.24 | 19.39 | 0.858 times |
| 29 Thu Feb 2024 | 20.40 | 17.69 | 20.44 | 16.94 | 1.059 times |
| 31 Wed Jan 2024 | 17.54 | 16.65 | 18.00 | 15.67 | 1.008 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Genco Shipping in short term but the sell signal is initial and weak.
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 in or below 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 20.32 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Genco Shipping in short term but the sell signal is initial and weak.
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 in or below 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 20.32 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.