(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 2024-08-13 View latest technical analysis
10 day averaged volume of Genco Shipping is 597570
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 17.77 | 17.63 | 17.82 | 17.54 | 0.838 times |
| 12 Mon Aug 2024 | 17.66 | 17.45 | 17.79 | 17.25 | 0.69 times |
| 09 Fri Aug 2024 | 17.33 | 17.36 | 17.67 | 17.23 | 1.095 times |
| 08 Thu Aug 2024 | 17.41 | 17.84 | 17.84 | 17.07 | 1.331 times |
| 07 Wed Aug 2024 | 17.85 | 18.13 | 18.18 | 17.72 | 0.802 times |
| 06 Tue Aug 2024 | 17.89 | 17.50 | 18.00 | 17.20 | 0.951 times |
| 05 Mon Aug 2024 | 17.54 | 17.32 | 17.84 | 16.82 | 1.29 times |
| 02 Fri Aug 2024 | 18.17 | 18.32 | 18.43 | 18.07 | 0.982 times |
| 01 Thu Aug 2024 | 18.74 | 19.35 | 19.47 | 18.45 | 1.141 times |
| 31 Wed Jul 2024 | 19.41 | 19.54 | 19.71 | 19.34 | 0.852 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.8, but if it comes above 17.8, then a intra day buy could be more profitable.
If you take a sell trade below 17.8, then use 17.8 as stoploss and 16.4 as target. However if you take a buy trade in stock , then use 17.8 as stoploss and 19.05 as target.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 16.82 |
| Downside Target | 17.25 |
| Upside Target | 17.82 |
| Upside Target | 19.12 |
| Upside Target | 19.93 |
| Upside Target | 20.89 |
| Upside Target | 21.02 |
| Upside Target | 21.27 |
| Upside Target | 21.62 |
| 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 | 17.41 |
| Downside Intraday Target | 17.04 |
| Upside Intraday Target | 17.98 |
| Upside Intraday Target | 18.18 |
| Downside Intraday Target | 17.61 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Tue Aug 2024 | 17.77 | 17.45 | 17.82 | 17.25 | 0.279 times |
| 09 Fri Aug 2024 | 17.33 | 17.32 | 18.18 | 16.82 | 1.235 times |
| 02 Fri Aug 2024 | 18.17 | 19.74 | 20.00 | 18.07 | 1.082 times |
| 26 Fri Jul 2024 | 19.56 | 20.40 | 20.89 | 19.38 | 1.169 times |
| 19 Fri Jul 2024 | 20.24 | 20.89 | 21.02 | 20.15 | 0.698 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 Tue Aug 2024 | 17.77 | 19.35 | 19.47 | 16.82 | 0.482 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 |
| 31 Fri May 2024 | 22.52 | 21.35 | 23.43 | 21.27 | 1.358 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Genco Shipping ( (GNK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is losing momentum.
MACD generated a SELL signal for Genco Shipping in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Genco Shipping in short term but BUY signal is weak.
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
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 17.94 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Genco Shipping ( (GNK) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 Strong and stock is losing momentum.
MACD generated a SELL signal for Genco Shipping in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Genco Shipping in short term but BUY signal is weak.
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
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 17.94 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.