(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 2024-04-22 View latest technical analysis
10 day averaged volume of Genco Shipping is 473170
Date | Daily Closing Price | Open | High | Low | Volume |
22 Mon Apr 2024 | 20.80 | 20.48 | 20.98 | 20.43 | 1.004 times |
19 Fri Apr 2024 | 20.55 | 20.33 | 20.72 | 20.29 | 0.908 times |
18 Thu Apr 2024 | 20.28 | 20.20 | 20.47 | 20.05 | 0.853 times |
17 Wed Apr 2024 | 20.26 | 20.56 | 20.69 | 20.22 | 0.85 times |
16 Tue Apr 2024 | 20.39 | 20.50 | 20.61 | 20.30 | 0.892 times |
15 Mon Apr 2024 | 20.65 | 20.74 | 21.01 | 20.58 | 0.728 times |
12 Fri Apr 2024 | 20.55 | 20.85 | 20.95 | 20.48 | 0.929 times |
11 Thu Apr 2024 | 20.95 | 20.88 | 21.21 | 20.79 | 1.336 times |
10 Wed Apr 2024 | 20.61 | 20.25 | 20.89 | 20.23 | 1.085 times |
09 Tue Apr 2024 | 20.38 | 20.32 | 20.48 | 20.17 | 1.357 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 20.7, but if it comes below 20.7, then a intra day sell could be more profitable.
If you take a sell trade below 20.7, then use 20.7 as stoploss and 20.44 as target. However if you take a buy trade in stock , then use 20.7 as stoploss and 21.1 as target.
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 |
Downside Target | 20.70 |
Upside Target | 20.98 |
Upside Target | 21.01 |
Upside Target | 21.06 |
Upside Target | 21.21 |
Upside Target | 21.24 |
Intraday share price targets for Genco Shipping (GNK)
Target Type | Value |
Downside Intraday Target | 20.49 |
Downside Intraday Target | 20.19 |
Upside Intraday Target | 21.04 |
Upside Intraday Target | 21.29 |
Downside Intraday Target | 20.74 |
Weekly technical analysis of Genco Shipping (GNK)
Date | Weekly Closing Price | Open | High | Low | Volume |
22 Mon Apr 2024 | 20.80 | 20.48 | 20.98 | 20.43 | 0.237 times |
19 Fri Apr 2024 | 20.55 | 20.74 | 21.01 | 20.05 | 0.733 times |
12 Fri Apr 2024 | 20.55 | 20.78 | 21.21 | 20.17 | 0.729 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 |
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 |
22 Mon Apr 2024 | 20.80 | 20.50 | 21.21 | 19.93 | 0.615 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Genco Shipping ( (GNK) ) based on a short 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL signal for Genco Shipping in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 20.56 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Genco Shipping ( (GNK) ) based on a short 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 short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 SELL signal for Genco Shipping in short term but the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green 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 20.56 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.