(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 2024-09-27 View latest technical analysis
10 day averaged volume of Genco Shipping is 474060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 19.16 | 19.25 | 19.30 | 19.00 | 0.911 times |
| 26 Thu Sep 2024 | 19.25 | 19.18 | 19.40 | 19.12 | 1.067 times |
| 25 Wed Sep 2024 | 18.98 | 18.73 | 18.99 | 18.72 | 1.139 times |
| 24 Tue Sep 2024 | 18.91 | 18.59 | 18.91 | 18.58 | 0.894 times |
| 23 Mon Sep 2024 | 18.21 | 18.00 | 18.34 | 17.95 | 0.774 times |
| 20 Fri Sep 2024 | 17.97 | 17.78 | 18.32 | 17.67 | 2.517 times |
| 19 Thu Sep 2024 | 18.17 | 18.21 | 18.21 | 17.94 | 0.706 times |
| 18 Wed Sep 2024 | 17.72 | 17.51 | 18.01 | 17.51 | 1.044 times |
| 17 Tue Sep 2024 | 17.48 | 17.59 | 17.59 | 17.30 | 0.566 times |
| 16 Mon Sep 2024 | 17.51 | 17.40 | 17.54 | 17.21 | 0.62 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 19.5, for a target of 18.5 or 17.64
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 16.28 |
| Downside Target | 16.82 |
| Downside Target | 17.21 |
| Downside Target | 18.32 |
| Downside Target | 19.12 |
| Upside Target | 19.40 |
| Upside Target | 19.47 |
| Upside Target | 20.14 |
| Upside Target | 21.27 |
| 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 | 18.27 |
| Downside Intraday Target | 17.39 |
| Upside Intraday Target | 19.72 |
| Upside Intraday Target | 20.29 |
| Downside Intraday Target | 18.84 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Fri Sep 2024 | 19.16 | 18.00 | 19.40 | 17.95 | 0.878 times |
| 20 Fri Sep 2024 | 17.97 | 17.40 | 18.32 | 17.21 | 1.302 times |
| 13 Fri Sep 2024 | 17.24 | 16.67 | 17.41 | 16.28 | 1.199 times |
| 06 Fri Sep 2024 | 16.63 | 17.35 | 17.47 | 16.46 | 6.356 times |
| 30 Fri Aug 2024 | 17.59 | 17.45 | 17.61 | 17.40 | 0.148 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 |
| 27 Fri Sep 2024 | 19.16 | 17.35 | 19.40 | 16.28 | 0.789 times |
| 30 Fri Aug 2024 | 17.59 | 19.35 | 19.47 | 16.82 | 0.953 times |
| 31 Wed Jul 2024 | 19.41 | 21.65 | 22.18 | 19.12 | 1.181 times |
| 28 Fri Jun 2024 | 21.31 | 22.59 | 22.68 | 20.14 | 0.588 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Genco Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.36 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 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 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Genco Shipping is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.36 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.