(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 2024-07-02 View latest technical analysis
10 day averaged volume of Genco Shipping is 515560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 21.87 | 21.65 | 21.90 | 21.36 | 1.307 times |
| 01 Mon Jul 2024 | 21.73 | 21.65 | 21.80 | 21.35 | 1.013 times |
| 28 Fri Jun 2024 | 21.31 | 21.39 | 21.56 | 21.04 | 1.846 times |
| 27 Thu Jun 2024 | 21.35 | 21.63 | 21.79 | 21.13 | 0.789 times |
| 26 Wed Jun 2024 | 21.52 | 21.27 | 21.63 | 21.15 | 1.274 times |
| 25 Tue Jun 2024 | 21.15 | 20.99 | 21.16 | 20.80 | 0.8 times |
| 24 Mon Jun 2024 | 21.06 | 21.10 | 21.24 | 20.97 | 0.576 times |
| 21 Fri Jun 2024 | 21.04 | 21.15 | 21.19 | 20.87 | 1.312 times |
| 20 Thu Jun 2024 | 21.03 | 20.44 | 21.16 | 20.44 | 0.903 times |
| 18 Tue Jun 2024 | 20.40 | 20.40 | 20.66 | 20.35 | 0.743 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.8, but if it comes below 21.8, then a intra day sell could be more profitable.
If you take a sell trade below 21.8, then use 21.8 as stoploss and 21.26 as target. However if you take a buy trade in stock , then use 21.8 as stoploss and 22.5 as target.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 19.39 |
| Downside Target | 19.93 |
| Downside Target | 21.35 |
| Downside Target | 21.62 |
| Downside Target | 21.79 |
| Upside Target | 21.90 |
| Upside Target | 21.91 |
| Upside Target | 22.68 |
| Upside Target | 23.43 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 21.51 |
| Downside Intraday Target | 21.16 |
| Upside Intraday Target | 22.06 |
| Upside Intraday Target | 22.26 |
| Downside Intraday Target | 21.71 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 21.87 | 21.65 | 21.90 | 21.35 | 0.439 times |
| 28 Fri Jun 2024 | 21.31 | 21.10 | 21.79 | 20.80 | 1.786 times |
| 21 Fri Jun 2024 | 21.04 | 20.40 | 21.19 | 20.35 | 1.721 times |
| 18 Tue Jun 2024 | 20.40 | 20.35 | 20.66 | 20.14 | 0.394 times |
| 14 Fri Jun 2024 | 20.45 | 21.59 | 21.91 | 20.44 | 1.035 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 |
| 02 Tue Jul 2024 | 21.87 | 21.65 | 21.90 | 21.35 | 0.125 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Genco Shipping stock for short term is BUY. Signal strength is Weak 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 stronger in this stock.
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 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 21.3 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Genco Shipping stock for short term is BUY. Signal strength is Weak 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 stronger in this stock.
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 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 21.3 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.