GENCO SHIPPING & TRADING LTD (GNK)
MHY2685T1313 - Common Stock
We assign a technical rating of 10 out of 10 to GNK. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GNK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GNK is one of the better performing stocks in the market, outperforming 92% of all stocks. On top of that, GNK also shows a nice and consistent pattern of rising prices.
GNK is one of the better performing stocks in the Marine Transportation industry, it outperforms 85% of 29 stocks in the same industry.
GNK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GNK has a been trading in the 20.05 - 22.38 range, which is quite wide. It is currently trading near the high of this range.
Although GNK has an excellent technical rating, it does not present a decent entry opportunity 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
12.40
22.07
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.99 to 20.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 20.17 to 20.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.79 from a horizontal line in the daily time frame.
- Support @13.84 from a trend line in the weekly time frame.
- Support @12.53 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.92
Mansfield2.67
10 Day High22.38
10 Day Low20.43
20 Day High22.38
20 Day Low20.05
52 Week High22.38
52 Week Low12.39
Performance
1 Week3.29%
2 Weeks8.32%
1 Month7.43%
3 Month28.97%
6 Month65.87%
12 Month60.14%
2 Year-11.84%
3 Year40.89%
5 Year207.88%
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)0.12
RSI(14)71.03
LBB19.91
UBB22.42
GENCO SHIPPING & TRADING LTD
NYSE:GNK (5/6/2024, 3:16:27 PM)
After market: 21.85 0 (0%)21.85
-0.41 (-1.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-1.84%
1 Week3.29%
2 Weeks8.32%
1 Month7.43%
3 Month28.97%
6 Month65.87%
12 Month60.14%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.4
ATR(20)%1.94%
ATR Inc
Range Today0.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.38
10 Day Low20.43
20 Day High22.38
20 Day Low20.05
52 Week High22.38
52 Week Low12.39
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume690.35K
Volume Incr7.66%
Vol(5)583.86K
Vol(50)655.29K