(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 2024-08-27 View latest technical analysis
10 day averaged volume of Genco Shipping is 412900
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 17.55 | 17.24 | 17.65 | 17.24 | 0.856 times |
| 26 Mon Aug 2024 | 17.20 | 17.27 | 17.45 | 17.19 | 0.798 times |
| 23 Fri Aug 2024 | 17.17 | 16.99 | 17.32 | 16.96 | 0.989 times |
| 22 Thu Aug 2024 | 16.99 | 17.31 | 17.37 | 16.96 | 0.597 times |
| 21 Wed Aug 2024 | 17.34 | 17.35 | 17.58 | 17.34 | 0.777 times |
| 20 Tue Aug 2024 | 17.19 | 17.33 | 17.47 | 17.15 | 1.293 times |
| 19 Mon Aug 2024 | 17.39 | 17.37 | 17.61 | 17.37 | 0.913 times |
| 16 Fri Aug 2024 | 17.71 | 17.61 | 17.72 | 17.42 | 1.292 times |
| 15 Thu Aug 2024 | 17.60 | 17.62 | 17.69 | 17.41 | 1.015 times |
| 14 Wed Aug 2024 | 17.45 | 17.89 | 18.03 | 17.36 | 1.116 times |
My analysis of stock is bearish for shortterm, and stock might move down till 17.1 or till 16.5. Use a stoploss of 17.67 and if the stock hits stoploss, then it can shoot up till 18.22
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 16.82 |
| Upside Target | 17.61 |
| Upside Target | 18.03 |
| Upside Target | 19.12 |
| Upside Target | 19.93 |
| Upside Target | 20.00 |
| Upside Target | 20.14 |
| 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 | 17.28 |
| Downside Intraday Target | 17 |
| Upside Intraday Target | 17.74 |
| Upside Intraday Target | 17.92 |
| Downside Intraday Target | 17.46 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Tue Aug 2024 | 17.55 | 17.27 | 17.65 | 17.19 | 0.362 times |
| 23 Fri Aug 2024 | 17.17 | 17.37 | 17.61 | 16.96 | 0.811 times |
| 16 Fri Aug 2024 | 17.71 | 17.45 | 18.03 | 17.25 | 0.712 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 |
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 |
| 27 Tue Aug 2024 | 17.55 | 19.35 | 19.47 | 16.82 | 0.835 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 17.38 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and BUY signal is strong.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 17.38 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 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.