Great Eastern Shipping Faces Mixed Technical Signals Amid Market Volatility

Apr 08 2025 08:00 AM IST
share
Share Via
Great Eastern Shipping Company has experienced stock price fluctuations, currently trading at 872.05. The company shows mixed technical indicators, with some suggesting bullish trends while others indicate bearish tendencies. Despite recent challenges, it has demonstrated strong long-term performance, significantly outpacing the Sensex over five years.
Great Eastern Shipping Company, a midcap player in the shipping industry, has recently undergone an evaluation revision reflecting its current market dynamics. The company's stock price is currently at 872.05, down from a previous close of 908.00, with a 52-week high of 1,542.80 and a low of 797.25. Today's trading saw a high of 875.00 and a low of 817.20, indicating some volatility in its performance.

The technical summary reveals mixed signals across various indicators. The MACD shows a mildly bullish trend on a weekly basis but shifts to mildly bearish on a monthly scale. The Relative Strength Index (RSI) indicates no significant signals for both weekly and monthly periods. Bollinger Bands and moving averages suggest bearish tendencies, while the KST presents a mildly bullish outlook weekly but aligns with a bearish trend monthly.

In terms of returns, Great Eastern Shipping has faced challenges compared to the Sensex. Over the past week, the stock returned -6.39%, while the Sensex returned -5.52%. Year-to-date, the stock has declined by 10.10%, contrasting with the Sensex's -6.40%. However, the company has shown resilience over longer periods, with a remarkable 333.32% return over five years, compared to the Sensex's 143.25%. This performance highlights the company's ability to navigate through market fluctuations, particularly in the shipping sector.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News