(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 2024-11-11 View latest technical analysis
10 day averaged volume of Genco Shipping is 540430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 17.80 | 17.77 | 17.96 | 17.70 | 1.441 times |
| 08 Fri Nov 2024 | 17.43 | 17.45 | 17.65 | 17.28 | 0.882 times |
| 07 Thu Nov 2024 | 17.55 | 18.09 | 18.33 | 17.48 | 1.337 times |
| 06 Wed Nov 2024 | 16.77 | 16.46 | 16.80 | 16.41 | 1.378 times |
| 05 Tue Nov 2024 | 16.39 | 16.16 | 16.42 | 16.05 | 1.172 times |
| 04 Mon Nov 2024 | 16.01 | 16.00 | 16.11 | 15.92 | 0.869 times |
| 01 Fri Nov 2024 | 15.95 | 15.90 | 16.01 | 15.80 | 0.821 times |
| 31 Thu Oct 2024 | 15.74 | 15.63 | 15.87 | 15.55 | 0.97 times |
| 30 Wed Oct 2024 | 15.65 | 15.65 | 15.78 | 15.56 | 0.485 times |
| 29 Tue Oct 2024 | 15.81 | 15.95 | 16.06 | 15.73 | 0.984 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 18, for a target of 17.1 or 16.45
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 15.55 |
| Downside Target | 16.77 |
| Downside Target | 17.70 |
| Upside Target | 17.96 |
| Upside Target | 18.33 |
| Upside Target | 19.12 |
| Upside Target | 19.36 |
| Upside Target | 19.47 |
| Upside Target | 19.51 |
| Upside Target | 22.18 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 17.68 |
| Downside Intraday Target | 17.56 |
| Upside Intraday Target | 17.94 |
| Upside Intraday Target | 18.08 |
| Upside Intraday Target | 17.82 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 17.80 | 17.77 | 17.96 | 17.70 | 0.256 times |
| 08 Fri Nov 2024 | 17.43 | 16.00 | 18.33 | 15.92 | 1.292 times |
| 01 Fri Nov 2024 | 15.95 | 15.77 | 16.06 | 15.55 | 1.015 times |
| 25 Fri Oct 2024 | 15.86 | 16.96 | 16.96 | 15.65 | 1.431 times |
| 18 Fri Oct 2024 | 16.97 | 17.70 | 17.71 | 16.77 | 0.898 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 |
| 11 Mon Nov 2024 | 17.80 | 15.90 | 18.33 | 15.80 | 0.464 times |
| 31 Thu Oct 2024 | 15.74 | 19.09 | 19.36 | 15.55 | 1.028 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 |
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 gaining momentum.
MACD generated a BUY signal for Genco Shipping in short term but the buy 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 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 red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 16.66 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 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 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 gaining momentum.
MACD generated a BUY signal for Genco Shipping in short term but the buy 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 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 red color and prices are in or above the red 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 BUY signal in short term and the buying is gaining 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 16.66 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.