GENCO SHIPPING & TRADING LTD (GNK) Stock Technical Analysis
NYSE:GNK - New York Stock Exchange, Inc. - MHY2685T1313 - Common Stock
We assign a technical rating of 1 out of 10 to GNK. GNK's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, GNK is a bad performer in the overall market: 84% 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 one of the better performing stocks in the Marine Transportation industry, it outperforms 71% of 29 stocks in the same industry.
In the last month GNK has a been trading in the 13.51 - 14.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GNK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 13.81, a Stop Loss order could be placed below this zone.
More info and screens
13.24
15.72
We found 2 important support areas.
- A support zone ranging from 13.63 to 13.81. 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 14.31 to 14.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.17 to 15.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.38
Mansfield-3.04
10 Day High14.75
10 Day Low13.69
20 Day High14.75
20 Day Low13.51
52 Week High23.43
52 Week Low13.51
Performance
1 Week-1.99%
2 Weeks0.49%
1 Month2.66%
3 Month-9.9%
6 Month-26.94%
12 Month-19.76%
2 Year-21.22%
3 Year-8.16%
5 Year81.58%
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)0.11
RSI(14)44.6
LBB13.71
UBB14.82
GENCO SHIPPING & TRADING LTD
NYSE:GNK (1/22/2025, 10:34:37 AM)
14.29
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg0%
1 Week-1.99%
2 Weeks0.49%
1 Month2.66%
3 Month-9.9%
6 Month-26.94%
12 Month-19.76%
2 Year-21.22%
3 Year-8.16%
5 Year81.58%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%2.85%
ATR Inc-13.02%
Range Today0.25
ADR(20)0.37
ADR(20)%2.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.38
Mansfield-3.04
10 Day High14.75
10 Day Low13.69
20 Day High14.75
20 Day Low13.51
52 Week High23.43
52 Week Low13.51
CS1 End13.81
CR1 Start14.31
Volume & EV
DER(3)0.85%
DER(5)2.89%
Volume70.23K
Volume Incr-9.79%
Vol(5)394.18K
Vol(50)471.74K