Technical Analysis for GNK - Genco Shipping & Trading Limited

Grade Last Price % Change Price Change
grade D 8.06 2.15% 0.17
GNK closed up 2.15 percent on Friday, August 16, 2019, on 78 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical GNK trend table...

Date Alert Name Type % Chg
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Wide Bands Range Expansion 2.15%
Oversold Stochastic Weakness 2.15%
Wide Bands Range Expansion 1.00%
Oversold Stochastic Weakness 1.00%
Wide Bands Range Expansion -1.23%
Oversold Stochastic Weakness -1.23%
Narrow Range Bar Range Contraction 1.00%
NR7 Range Contraction 1.00%

Older signals for GNK ...

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Profile
Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along shipping routes through the ownership and operation of drybulk carrier vessels. The Company has two reportable segments, GS&T and Baltic Trading, both of which are engaged in the ocean transportation of drybulk cargoes across the world. The Company's fleet consists of approximately 53 drybulk carriers, including nine Capesize, eight Panamax, 17 Supramax, six Handymax and 13 Handysize drybulk carriers. 32 of the vessels in the Company's fleet are on spot market-related time charters and eleven are on fixed-rate time charter contracts. Additionally, ten of the vessels are operating in vessel pools. The Company's vessels are chartered to charterers, including Cargill International S.A. and its subsidiaries (Cargill), Pacific Basin Chartering Ltd. (Pacbasin), Swissmarine Services S.A. and its subsidiaries (Swissmarine) and the Clipper Logger Pool.
Maritime Transport Steel Products Shipping Ship Measurements Water Transport Bulk Carrier Handymax Ship Capesize Euroseas Handysize Ocean Transportation
Is GNK a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 15.06
52 Week Low 6.83
Average Volume 228,828
200-Day Moving Average 8.5742
50-Day Moving Average 8.9136
20-Day Moving Average 9.0785
10-Day Moving Average 8.241
Average True Range 0.4325
ADX 30.05
+DI 16.2852
-DI 29.7001
Chandelier Exit (Long, 3 ATRs ) 9.7625
Chandelier Exit (Short, 3 ATRs ) 9.0825
Upper Bollinger Band 10.9702
Lower Bollinger Band 7.1868
Percent B (%b) 0.23
BandWidth 41.674285
MACD Line -0.4084
MACD Signal Line -0.2443
MACD Histogram -0.1641
Fundamentals Value
Market Cap 277.47 Million
Num Shares 34.4 Million
EPS -4.02
Price-to-Earnings (P/E) Ratio -2.00
Price-to-Sales 2.50
Price-to-Book 0.41
PEG Ratio -1.65
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.51
Resistance 3 (R3) 8.49 8.31 8.44
Resistance 2 (R2) 8.31 8.20 8.33 8.41
Resistance 1 (R1) 8.19 8.13 8.25 8.21 8.38
Pivot Point 8.01 8.01 8.05 8.03 8.01
Support 1 (S1) 7.89 7.90 7.95 7.91 7.74
Support 2 (S2) 7.71 7.83 7.73 7.71
Support 3 (S3) 7.59 7.71 7.69
Support 4 (S4) 7.61