GENCO SHIPPING & TRADING LTD (GNK) Stock Technical Analysis
NYSE:GNK - New York Stock Exchange, Inc. - MHY2685T1313 - Common Stock - Currency: USD
Taking everything into account, GNK scores 7 out of 10 in our technical rating. Although GNK is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
72% of all other stocks performed better in the past year than GNK.
The long and short term trends are both positive. This is looking good!
In the last month GNK has a been trading in the 12.84 - 15.75 range, which is quite wide. It is currently trading near the high of this range.
GNK is an average performer in the Marine Transportation industry, it outperforms 65% of 36 stocks in the same industry.
GNK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GNK is lagging the market.
Volume is considerably higher in the last couple of days.
Although GNK has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
12.82
15.38
2 important support areas can be observed.
- A support zone ranging from 13.56 to 13.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.95 to 13.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 15.23 to 15.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for GNK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GNK is up. |
| ChartMill Relative Strength | 28.35 | NEGATIVE | GNK has a low relative strength, it was outperformed by 71.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GNK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GNK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GNK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.25 | NEUTRAL | The RSI value for GNK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests GNK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.98 | OVERBOUGHT | The high Stochastics value suggests GNK may be overbought. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for GNK suggests some volalility. |
| Average Directional Index/ADX (14) | 28.39 | POSITIVE | The high ADX value value for GNK suggests a strong trend. |
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)
15.15
-0.07 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.46%
1 Week1.75%
2 Weeks8.45%
1 Month14.69%
3 Month18.08%
6 Month5.43%
12 Month-22.55%
2 Year4.48%
3 Year-21.42%
5 Year123.12%
10 Year-79.16%
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%3.19%
ATR Inc4.64%
Range Today0.26
ADR(20)0.47
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.35
Mansfield-0.75
10 Day High15.75
10 Day Low13.85
20 Day High15.75
20 Day Low12.84
52 Week High20
52 Week Low11.2
CS1 End13.8
CR1 Start15.23
Volume & EV
DER(3)0.57%
DER(5)-3.98%
Volume681.57K
Volume Incr51.41%
Vol(5)1.12M
Vol(50)763.49K