(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 2024-11-13 View latest technical analysis
10 day averaged volume of Genco Shipping is 553980
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Wed Nov 2024 | 17.56 | 17.67 | 17.67 | 17.32 | 1.087 times |
| 12 Tue Nov 2024 | 17.64 | 17.80 | 17.91 | 17.58 | 0.874 times |
| 11 Mon Nov 2024 | 17.80 | 17.77 | 17.96 | 17.70 | 1.406 times |
| 08 Fri Nov 2024 | 17.43 | 17.45 | 17.65 | 17.28 | 0.86 times |
| 07 Thu Nov 2024 | 17.55 | 18.09 | 18.33 | 17.48 | 1.304 times |
| 06 Wed Nov 2024 | 16.77 | 16.46 | 16.80 | 16.41 | 1.344 times |
| 05 Tue Nov 2024 | 16.39 | 16.16 | 16.42 | 16.05 | 1.143 times |
| 04 Mon Nov 2024 | 16.01 | 16.00 | 16.11 | 15.92 | 0.848 times |
| 01 Fri Nov 2024 | 15.95 | 15.90 | 16.01 | 15.80 | 0.801 times |
| 31 Thu Oct 2024 | 15.74 | 15.63 | 15.87 | 15.55 | 0.946 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.3, but if it comes below 17.3, then a intra day sell could be more profitable.
If you take a sell trade below 17.3, then use 17.3 as stoploss and 16.51 as target. However if you take a buy trade in stock , then use 17.3 as stoploss and 18.2 as target.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 15.55 |
| Downside Target | 16.77 |
| Downside Target | 17.32 |
| Upside Target | 17.71 |
| 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 | 17.27 |
| Downside Intraday Target | 16.97 |
| Upside Intraday Target | 17.91 |
| Upside Intraday Target | 18.25 |
| Upside Intraday Target | 17.61 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Wed Nov 2024 | 17.56 | 17.77 | 17.96 | 17.32 | 0.612 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 |
| 13 Wed Nov 2024 | 17.56 | 15.90 | 18.33 | 15.80 | 0.582 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 16.95 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red 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 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 16.95 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.