GENCO SHIPPING & TRADING LTD (GNK) Stock Technical Analysis
NYSE:GNK - New York Stock Exchange, Inc. - MHY2685T1313 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to GNK. GNK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GNK is a bad performer in the overall market: 87% of all stocks are doing better.
GNK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
GNK is part of the Marine Transportation industry. There are 29 other stocks in this industry, GNK did better than 46% of them.
In the last month GNK has a been trading in the 13.98 - 14.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
GNK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 13.93, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.24
15.71
We found 2 important support areas.
- A support zone ranging from 13.63 to 13.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.37 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 14.39 to 14.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.55 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.56
Mansfield-2.87
10 Day High14.99
10 Day Low14.01
20 Day High14.99
20 Day Low13.98
52 Week High23.43
52 Week Low13.51
Performance
1 Week-3.21%
2 Weeks-2.55%
1 Month-1.46%
3 Month-16.07%
6 Month-17.59%
12 Month-28.79%
2 Year-25.72%
3 Year-26.61%
5 Year84.24%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)43.45
LBB14.12
UBB14.95
14.15
-0.56 (-3.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-3.81%
1 Week-3.21%
2 Weeks-2.55%
1 Month-1.46%
3 Month-16.07%
6 Month-17.59%
12 Month-28.79%
2 Year-25.72%
3 Year-26.61%
5 Year84.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%3.17%
ATR Inc121.97%
Range Today0.81
ADR(20)0.43
ADR(20)%3.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.56
Mansfield-2.87
10 Day High14.99
10 Day Low14.01
20 Day High14.99
20 Day Low13.98
52 Week High23.43
52 Week Low13.51
CS1 End13.93
CR1 Start14.39
Volume & EV
DER(3)-2.38%
DER(5)-3.51%
Volume906.60K
Volume Incr91.64%
Vol(5)793.62K
Vol(50)456.83K