(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.
10 day averaged volume of Genco Shipping is 496010
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 20.28 | 20.20 | 20.47 | 20.05 | 0.814 times |
| 17 Wed Apr 2024 | 20.26 | 20.56 | 20.69 | 20.22 | 0.811 times |
| 16 Tue Apr 2024 | 20.39 | 20.50 | 20.61 | 20.30 | 0.851 times |
| 15 Mon Apr 2024 | 20.65 | 20.74 | 21.01 | 20.58 | 0.694 times |
| 12 Fri Apr 2024 | 20.55 | 20.85 | 20.95 | 20.48 | 0.886 times |
| 11 Thu Apr 2024 | 20.95 | 20.88 | 21.21 | 20.79 | 1.275 times |
| 10 Wed Apr 2024 | 20.61 | 20.25 | 20.89 | 20.23 | 1.035 times |
| 09 Tue Apr 2024 | 20.38 | 20.32 | 20.48 | 20.17 | 1.295 times |
| 08 Mon Apr 2024 | 20.32 | 20.78 | 20.78 | 20.31 | 1.013 times |
| 05 Fri Apr 2024 | 20.72 | 20.55 | 20.79 | 20.50 | 1.009 times |
My analysis of stock is bearish for shortterm, and stock might move down till 20.1 or till 19.8. Use a stoploss of 20.41 and if the stock hits stoploss, then it can shoot up till 20.7
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 14.03 |
| Downside Target | 15.67 |
| Downside Target | 16.72 |
| Downside Target | 18.00 |
| Downside Target | 19.39 |
| Upside Target | 20.50 |
| Upside Target | 20.70 |
| Upside Target | 21.01 |
| Upside Target | 21.06 |
| Upside Target | 21.21 |
| Upside Target | 21.24 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 19.88 |
| Downside Intraday Target | 19.49 |
| Upside Intraday Target | 20.84 |
| Upside Intraday Target | 21.41 |
| Upside Intraday Target | 20.45 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 20.28 | 20.74 | 21.01 | 20.05 | 0.576 times |
| 12 Fri Apr 2024 | 20.55 | 20.78 | 21.21 | 20.17 | 0.729 times |
| 05 Fri Apr 2024 | 20.72 | 20.50 | 21.06 | 19.93 | 1.433 times |
| 28 Thu Mar 2024 | 20.33 | 20.40 | 20.70 | 19.63 | 0.704 times |
| 22 Fri Mar 2024 | 20.42 | 20.38 | 20.50 | 19.39 | 1.059 times |
Price has moved down 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 |
| 18 Thu Apr 2024 | 20.28 | 20.50 | 21.21 | 19.93 | 0.553 times |
| 28 Thu Mar 2024 | 20.33 | 20.53 | 21.24 | 19.39 | 0.858 times |
| 29 Thu Feb 2024 | 20.40 | 17.69 | 20.44 | 16.94 | 1.059 times |
| 31 Wed Jan 2024 | 17.54 | 16.65 | 18.00 | 15.67 | 1.008 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Genco Shipping in short term but the sell signal is initial and weak.
Genco Shipping Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Genco Shipping in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 20.53 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 positive
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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
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 SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Genco Shipping in short term but the sell signal is initial and weak.
Genco Shipping Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Genco Shipping in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 20.53 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.