(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 2024-10-11 View latest technical analysis
10 day averaged volume of Genco Shipping is 387620
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 17.84 | 18.03 | 18.03 | 17.64 | 0.878 times |
| 10 Thu Oct 2024 | 18.06 | 17.81 | 18.07 | 17.72 | 0.82 times |
| 09 Wed Oct 2024 | 17.76 | 17.92 | 17.92 | 17.70 | 0.851 times |
| 08 Tue Oct 2024 | 18.08 | 18.20 | 18.26 | 17.85 | 1.189 times |
| 07 Mon Oct 2024 | 18.40 | 18.60 | 18.68 | 18.36 | 0.927 times |
| 04 Fri Oct 2024 | 18.42 | 18.75 | 18.87 | 18.38 | 0.893 times |
| 03 Thu Oct 2024 | 18.61 | 19.00 | 19.00 | 18.61 | 1.12 times |
| 02 Wed Oct 2024 | 19.15 | 19.24 | 19.33 | 19.00 | 0.743 times |
| 01 Tue Oct 2024 | 19.17 | 19.09 | 19.36 | 19.02 | 1.18 times |
| 30 Mon Sep 2024 | 19.50 | 19.30 | 19.51 | 19.19 | 1.162 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 17.8 as stoploss in an intra day buy trade for a target of 18.42. However, stock will show a bearish move below 17.8.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 16.28 |
| Downside Target | 16.82 |
| Downside Target | 17.21 |
| Upside Target | 18.32 |
| Upside Target | 19.12 |
| Upside Target | 19.40 |
| Upside Target | 19.47 |
| Upside Target | 19.51 |
| Upside Target | 20.14 |
| Upside Target | 22.18 |
| Upside Target | 22.68 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 17.43 |
| Downside Intraday Target | 17.01 |
| Upside Intraday Target | 18.47 |
| Upside Intraday Target | 19.09 |
| Upside Intraday Target | 18.05 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Fri Oct 2024 | 17.84 | 18.60 | 18.68 | 17.64 | 0.915 times |
| 04 Fri Oct 2024 | 18.42 | 19.30 | 19.51 | 18.38 | 0.871 times |
| 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 |
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 |
| 11 Fri Oct 2024 | 17.84 | 19.09 | 19.36 | 17.64 | 0.373 times |
| 30 Mon Sep 2024 | 19.50 | 17.35 | 19.51 | 16.28 | 0.831 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 |
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 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 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 but the sell signal is initial and weak.
Genco Shipping Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
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 18.53 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 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 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 but the sell signal is initial and weak.
Genco Shipping Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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 and SELL signal is strong!
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 18.53 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.