(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 2024-05-16 View latest technical analysis
10 day averaged volume of Genco Shipping is 832216
Date | Daily Closing Price | Open | High | Low | Volume |
16 Thu May 2024 | 23.03 | 22.73 | 23.06 | 22.61 | 0.782 times |
15 Wed May 2024 | 22.53 | 22.83 | 22.85 | 22.37 | 0.852 times |
14 Tue May 2024 | 22.83 | 22.91 | 22.99 | 22.60 | 1.069 times |
13 Mon May 2024 | 22.95 | 22.99 | 23.12 | 22.73 | 1.002 times |
10 Fri May 2024 | 22.84 | 23.00 | 23.16 | 22.65 | 0.993 times |
09 Thu May 2024 | 22.71 | 22.86 | 23.43 | 22.49 | 1.306 times |
08 Wed May 2024 | 22.65 | 22.30 | 22.67 | 22.21 | 1.207 times |
07 Tue May 2024 | 22.44 | 21.93 | 22.54 | 21.88 | 1.318 times |
06 Mon May 2024 | 21.85 | 21.96 | 22.13 | 21.73 | 0.829 times |
03 Fri May 2024 | 22.26 | 22.27 | 22.38 | 21.98 | 0.632 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 22.7, but if it comes below 22.7, then a intra day sell could be more profitable.
If you take a sell trade below 22.7, then use 22.7 as stoploss and 21.96 as target. However if you take a buy trade in stock , then use 22.7 as stoploss and 23.6 as target.
Share price targets for Genco Shipping (GNK)
Target Type | Value |
Downside Target | 15.67 |
Downside Target | 16.94 |
Downside Target | 18.00 |
Downside Target | 19.39 |
Downside Target | 19.93 |
Downside Target | 21.01 |
Downside Target | 21.62 |
Downside Target | 21.73 |
Downside Target | 22.37 |
Downside Target | 22.38 |
Upside Target | 23.12 |
Upside Target | 23.43 |
Intraday share price targets for Genco Shipping (GNK)
Target Type | Value |
Downside Intraday Target | 22.56 |
Downside Intraday Target | 22.09 |
Upside Intraday Target | 23.31 |
Upside Intraday Target | 23.59 |
Downside Intraday Target | 22.84 |
Weekly technical analysis of Genco Shipping (GNK)
Date | Weekly Closing Price | Open | High | Low | Volume |
16 Thu May 2024 | 23.03 | 22.99 | 23.12 | 22.37 | 0.655 times |
10 Fri May 2024 | 22.84 | 21.96 | 23.43 | 21.73 | 1.612 times |
03 Fri May 2024 | 22.26 | 21.49 | 22.38 | 21.27 | 1.233 times |
26 Fri Apr 2024 | 21.55 | 20.48 | 21.62 | 20.43 | 1.183 times |
19 Fri Apr 2024 | 20.55 | 20.74 | 21.01 | 20.05 | 0.733 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 |
16 Thu May 2024 | 23.03 | 21.35 | 23.43 | 21.27 | 0.799 times |
30 Tue Apr 2024 | 21.34 | 20.50 | 21.62 | 19.93 | 0.823 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 |
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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Genco Shipping in short term and the buy signal is strong.
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 tired and bears 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 but selling 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 22.63 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 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 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Genco Shipping in short term and the buy signal is strong.
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 tired and bears 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 but selling 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 22.63 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.