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Genco Shipping & Trading Limited

GNK Technical Analysis Summary (NYSE)

Analyze GNK on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

GNK●NYSE
IndustrialsMarine Shipping
$25.98
$0.76(3.01%)
U.S. Market opens in 16h 40m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

GNK Technical Analysis Summary (NYSE)

Genco Shipping & Trading Limited (NYSE: GNK) stock currently shows a neutral trend on the NYSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.38)
Trend Strength:Weak (ADX: 14.95)
Volatility:Medium (ATR: 0.85)
Support/Resistance:$24.11 – $26.28 (Bollinger Bands)

Technical conditions suggest Genco Shipping & Trading Limited on the NYSE is awaiting a decisive move. This mix signals that Genco Shipping & Trading Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.38

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 47.24

Neutral
Mid-range signal with no clear trend.

Williams %R: -50.69

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 4.20

Bullish
Steady upward momentum.

Takeaway:Genco Shipping & Trading Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.31

Bullish
Bullish, trend momentum is strengthening.

ADX: 14.95

Weak
Weak trend, market trading sideways.

ATR (14): 0.85

Low
Low volatility, stable price action.

CCI (14): -22.69

Bearish
Bearish, momentum remains under pressure.

Takeaway:Genco Shipping & Trading Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.28
Middle Band (SMA 20)
$25.19
Lower Band
$24.11
Current Position
Within Bands

Takeaway:Genco Shipping & Trading Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$26.85
Middle Line (EMA 20)
$25.16
Lower Channel
$23.47
Squeeze Status
Squeeze On

Takeaway:Genco Shipping & Trading Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume1.06M
Money Flow Index52.63Neutral, balanced money flows with no clear signal.
Relative Vigor Index58.88Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:GNK shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Genco Shipping & Trading Limited (NYSE: GNK), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Genco Shipping & Trading Limited are mixed, suggesting a Hold or wait-and-see approach.

(NYSE: GNK) Technical Analysis FAQ