Genco Shipping & Trading is down a bit on the day, funds flowing out kept the price down -1.10% since yesterday. It looks like GNK may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. Genco Shipping & Trading hasn't been that impressive in terms of its 3 month momentum, it has been breaking down lower so we'll see if it can turn things around and move up from here.
If we get a reversal off of support and Genco Shipping & Trading starts moving up, it can probably get to $14.87 at which point it'll need to break through that resistance level in order to keep moving higher. If Genco Shipping & Trading continues to break down lower from here, it'll likely fall until it gets to $12.82 at which point previous buyers at this level may move in and give it support.
The analysts are pretty neutral on GENCO SHIPPING & TRADING right now, so not much useful information here. The current Analysts Sentiment Score is -0.33. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. On 2024-01-05 there was confirmation of the previous rating by BTIG Research which was Buy . On 2023-11-30 Jefferies Financial Group increased their price target by 11.11% to $20.00. On 2023-10-19 Stifel Nicolaus lowered their price target by -4.35% to $22.00.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| GNK | -0.33 | 0 | -0.66 | 0.45 | -0.45 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| GNK | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| GNK | 4.69 | %5.4 | 3.4 | 8.91 | 2130000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Transportation & Logistics | 44 | 0.93 | -0.30 | -2.27 | -9.14 | -15.12 | -11.55 | 43.89 | 6.53 | -21.97 | -29.59 | -21349.73 | -11162.96 | 11.36 | 2.27 | 3.43 | 0.54 |
| Industrials | 277 | 1.72 | -0.10 | -0.35 | -6.08 | -6.12 | 0.27 | 47.58 | -9.88 | -8.47 | -7.50 | -14645.29 | -9313.17 | 13.27 | 1.62 | 3.62 | 0.58 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| GNK |
| Company | Score | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SBLK | Star Bulk Carriers Corp. | 1.58 | -0.45 | -1.63 | -1.14 | 6.61 | -33.66 | -33.88 | 27 | -14.13 | -28.65 | -65.39 | -33291.25 | -1421.25 | 0 | 0 | 2.9861 |
| GOGL | Golden Ocean Group Limite | 1.37 | 0.96 | 3.07 | -3.73 | -5.09 | -36.25 | -33.68 | 66 | -62.30 | -53.67 | -80.53 | -19738.34 | -3602.36 | 0 | 0 | 5.15281 |
| SB | Safe Bulkers, Inc. | 1.35 | -0.27 | -0.53 | -1.58 | 10.00 | -26.52 | -23.83 | 46 | -11.54 | -23.31 | -36.30 | -858.55 | -7449.82 | 0 | 0 | 3.59029 |
| NMM | Navios Maritime Partners | 1.31 | 1.17 | 1.53 | -1.02 | -9.60 | -36.04 | -5.46 | 32 | -103.13 | -32.52 | -31.48 | -13903.98 | 176.53 | 0 | 0 | 1.83247 |
| CMRE | Costamare Inc. | 1.12 | 0.68 | 3.09 | 0.98 | -16.21 | -32.99 | -7.43 | 28 | -115.20 | -77.36 | -53.57 | -30605.77 | -1618.69 | 0 | 0 | 3.0812 |
| GSL | Global Ship Lease, Inc. | 0.99 | 0.17 | 1.14 | -0.56 | 5.13 | -11.54 | 14.43 | 41 | -5.49 | -13.20 | -12.61 | -798.84 | -1828.00 | 0 | 0 | 3.77774 |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
