(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 2024-03-27 View latest technical analysis
10 day averaged volume of Genco Shipping is 734360
| Date | Daily Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 20.14 | 19.91 | 20.17 | 19.84 | 0.684 times |
| 26 Tue Mar 2024 | 19.79 | 19.99 | 20.17 | 19.63 | 1.246 times |
| 25 Mon Mar 2024 | 20.05 | 20.40 | 20.44 | 20.05 | 0.813 times |
| 22 Fri Mar 2024 | 20.42 | 20.32 | 20.50 | 20.19 | 0.722 times |
| 21 Thu Mar 2024 | 20.32 | 19.86 | 20.43 | 19.86 | 0.908 times |
| 20 Wed Mar 2024 | 19.82 | 19.67 | 19.90 | 19.39 | 1.314 times |
| 19 Tue Mar 2024 | 20.04 | 20.21 | 20.31 | 20.01 | 1.293 times |
| 18 Mon Mar 2024 | 20.26 | 20.38 | 20.40 | 20.07 | 0.824 times |
| 15 Fri Mar 2024 | 20.42 | 20.45 | 20.59 | 20.24 | 1.222 times |
| 14 Thu Mar 2024 | 20.49 | 20.84 | 20.88 | 20.33 | 0.899 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20 as stoploss in an intra day buy trade for a target of 20.34. However, stock will show a bearish move below 20.
Share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Target | 12.65 |
| Downside Target | 14.03 |
| Downside Target | 15.56 |
| Downside Target | 16.72 |
| Downside Target | 18.00 |
| Downside Target | 19.27 |
| Upside Target | 20.22 |
| Upside Target | 20.44 |
| Upside Target | 20.50 |
| Upside Target | 20.73 |
| Upside Target | 20.91 |
| Upside Target | 21.24 |
Intraday share price targets for Genco Shipping (GNK)
| Target Type | Value |
| Downside Intraday Target | 19.7 |
| Downside Intraday Target | 19.26 |
| Upside Intraday Target | 20.51 |
| Upside Intraday Target | 20.88 |
| Downside Intraday Target | 20.07 |
Weekly technical analysis of Genco Shipping (GNK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 27 Wed Mar 2024 | 20.14 | 20.40 | 20.44 | 19.63 | 0.542 times |
| 22 Fri Mar 2024 | 20.42 | 20.38 | 20.50 | 19.39 | 1.059 times |
| 15 Fri Mar 2024 | 20.42 | 20.45 | 21.24 | 20.22 | 0.962 times |
| 08 Fri Mar 2024 | 20.71 | 20.70 | 20.73 | 19.54 | 0.886 times |
| 01 Fri Mar 2024 | 20.69 | 19.65 | 20.91 | 19.27 | 0.829 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 |
| 27 Wed Mar 2024 | 20.14 | 20.53 | 21.24 | 19.39 | 0.823 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 |
| 29 Fri Dec 2023 | 16.59 | 15.55 | 16.72 | 14.03 | 0.959 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Genco Shipping in short term but the sell signal is initial and weak.
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 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 buy signal for Genco Shipping in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 20.15 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 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 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 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 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 losing momentum.
MACD generated a SELL signal for Genco Shipping in short term but the sell signal is initial and weak.
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 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 buy signal for Genco Shipping in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 20.15 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.