(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 2024-07-24 View latest technical analysis
10 day averaged volume of Genco Shipping is 517920
| Date | Daily Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 20.27 | 20.73 | 20.73 | 20.24 | 0.738 times |
| 23 Tue Jul 2024 | 20.66 | 20.46 | 20.87 | 20.33 | 1.248 times |
| 22 Mon Jul 2024 | 20.80 | 20.40 | 20.89 | 20.35 | 1.114 times |
| 19 Fri Jul 2024 | 20.24 | 20.48 | 20.48 | 20.15 | 0.708 times |
| 18 Thu Jul 2024 | 20.44 | 20.90 | 21.02 | 20.22 | 0.83 times |
| 17 Wed Jul 2024 | 20.80 | 20.73 | 20.99 | 20.62 | 0.964 times |
| 16 Tue Jul 2024 | 20.84 | 20.85 | 21.02 | 20.69 | 0.672 times |
| 15 Mon Jul 2024 | 20.78 | 20.89 | 21.02 | 20.60 | 0.866 times |
| 12 Fri Jul 2024 | 20.93 | 20.92 | 21.08 | 20.68 | 1.194 times |
| 11 Thu Jul 2024 | 20.84 | 20.73 | 20.93 | 20.50 | 0.971 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.5, but if it comes above 20.5, then a intra day buy could be more profitable.
If you take a sell trade below 20.5, then use 20.5 as stoploss and 19.8 as target. However if you take a buy trade in stock , then use 20.5 as stoploss and 21 as target.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 19.39 |
| Downside Target | 19.93 |
| Upside Target | 20.89 |
| Upside Target | 21.27 |
| Upside Target | 21.35 |
| Upside Target | 21.62 |
| Upside Target | 22.18 |
| Upside Target | 22.68 |
| Upside Target | 23.43 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 20.04 |
| Downside Intraday Target | 19.82 |
| Upside Intraday Target | 20.69 |
| Upside Intraday Target | 21.12 |
| Upside Intraday Target | 20.47 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 24 Wed Jul 2024 | 20.27 | 20.40 | 20.89 | 20.24 | 0.767 times |
| 19 Fri Jul 2024 | 20.24 | 20.89 | 21.02 | 20.15 | 0.698 times |
| 12 Fri Jul 2024 | 20.93 | 20.84 | 21.08 | 20.45 | 3.662 times |
| 05 Fri Jul 2024 | 21.08 | 21.88 | 22.18 | 21.07 | 0.522 times |
| 03 Wed Jul 2024 | 22.07 | 21.65 | 22.18 | 21.35 | 0.575 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 |
| 24 Wed Jul 2024 | 20.27 | 21.65 | 22.18 | 20.15 | 0.95 times |
| 28 Fri Jun 2024 | 21.31 | 22.59 | 22.68 | 20.14 | 0.588 times |
| 31 Fri May 2024 | 22.52 | 21.35 | 23.43 | 21.27 | 1.358 times |
| 30 Tue Apr 2024 | 21.34 | 20.50 | 21.62 | 19.93 | 0.823 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 mid to longer 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.
ADX buy sell signal for Genco Shipping stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Genco Shipping in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 20.69 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 negative.
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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 mid to longer 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.
ADX buy sell signal for Genco Shipping stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Genco Shipping in short term and the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 20.69 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.