GNK Stock Price Prediction

Genco Shipping & Trading Ltd

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14.200

-0.020(-0.140%)

Overview
Forecast
Valuation

Should I Buy Genco Shipping & Trading Ltd Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. GNK has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

GNK stock price ended at $14.2 on Friday, after losing -0.14%

The Genco Shipping & Trading Ltd stock price decreased by -0.14% on the last trading day (16 May 2025), dropping from 14.26 to 14.2. Throughout the last trading session, the stock experienced a fluctuation of 2.42% , ranging from a day low of $14.05 to a day high of 14.39. The price has declined in 4 of the last 10 days, resulting in a total change of 4.57% during this period. On the last day, trading volume decrease by -60.79K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 451.52K shares were traded, amounting to approximately 6.41M.

GNK Technical Signals

GNK(Genco Shipping & Trading Ltd Corp) has 4 buy signals and 1 sell signal now. The current trend is consolidation starting from 2025-05-14. The total price change during this trend is -1.32%. Recently, the price has increased but the volume has decreased, indicating a potential warning signal. The average turnover of GNK over the last 5 trading days is 8.67M. Overall, the technical indicator signals lean more toward a Bullish outlook in the mid-term.

GNK Moving Average Analysis

Genco Shipping & Trading Ltd's overall moving average trend leans more bearish as of Sunday, May 18, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $14.888126666666667, and $15.449666666666667. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $13.071206666666667, and $12.509666666666666. A break-down below any of these levels will issue sell signals.

GNK Short Selling Analysis

The short sale ratio of Genco Shipping & Trading Ltd(GNK) as of 12 May 2025 is 19.50%, dropping from last trading day. With decreasing price from 13.54 to 14.19. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Buy

Sell

Buy

Moving Average

Swing

Negative

Stock Price Below SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Negative

SMA_60 Below SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

4 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

1.225

Bullish

Momentum (10 days)

MOM_10 > 0

0.62

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.347

Bullish

Moving Average

20-day SMA crosses above 60-day SMA

Bullish

1 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Moving Average

Price crosses below 5-day SMA

Bearish

GNK Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Genco Shipping & Trading Ltd(GNK), our algorithm predicts GNK's 1-month price at $13.64, with an -3.91%downwardshift. Using a similarity score up to 96.65%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Genco Shipping & Trading Ltd (GNK.N) stock, as of Sunday, May 18, 2025 , forecasts a -3.91% change over the next month, based on its high correlation with GSBC.O stock patterns. The similarity between their price movements over the analyzed periods is 96.65%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

GNK

Future prediction

Up: -3.91%

GSBC

Down: -3.91%Similarity: 96.65%

Name

Similarity

Up/Down

GSBC.O

96.65%

-3.91%

LOGI.O

96.37%

+8.44%

GNK Seasonality Analysis

Based on GNK's historical stock price data across all years, the probability of a positive return in May is54.55%, suggesting it maybe an ideal month to invest in GNK. In contrast,Februaryoffers the highest probability of positive returns at63.64%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Genco Shipping & Trading Ltd (GNK.N) stock in February has the highest probability of a positive return (63.64%), while March has the lowest probability (27.27%).

Performance Seasonality

The chart shows Genco Shipping & Trading Ltd. (GNK)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.