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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
$25.63
$0.73(2.93%)
U.S. Market opens in 47h 6m

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 Bearish (RSI: 46.44)
Trend Strength:Moderate (ADX: 20.06)
Volatility:Medium (ATR: 0.84)
Support/Resistance:$24.00 – $28.27 (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): 46.44

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 31.41

Bearish
Momentum remains weak below midpoint.

Williams %R: -59.95

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -7.17

Strongly Bearish
Sharp downside momentum.

Takeaway:Genco Shipping & Trading Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.47

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.06

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.84

Low
Low volatility, stable price action.

CCI (14): -38.42

Bearish
Bearish, momentum remains under pressure.

Takeaway:Genco Shipping & Trading Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$28.27
Middle Band (SMA 20)
$26.13
Lower Band
$24.00
Current Position
Within Bands

Takeaway:Genco Shipping & Trading Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$27.55
Middle Line (EMA 20)
$25.88
Lower Channel
$24.21
Squeeze Status
No Squeeze

Takeaway:Genco Shipping & Trading Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.53M
Money Flow Index38.69Bearish, selling pressure outweighs inflows.
Relative Vigor Index47.01Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GNK shows bearish money flow, with sellers dominating volume and vigor.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Genco Shipping & Trading Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(NYSE: GNK) Technical Analysis FAQ