Is Genco Shipping & Trading Ltd. technically bullish or bearish?
As of June 3, 2025, the trend is mildly bearish, with daily moving averages and weekly Bollinger Bands indicating bearish momentum, while the MACD shows mixed signals across time frames, suggesting a cautious bearish sentiment overall.
As of 3 June 2025, the technical trend has changed from bearish to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the weekly Bollinger Bands also showing a bearish signal. The MACD on the weekly chart is mildly bullish, but the monthly MACD remains bearish, reflecting mixed signals across different time frames. The Dow Theory indicates a mildly bearish trend on the weekly while being mildly bullish on the monthly, suggesting some divergence in the longer-term outlook. Overall, the indicators point to a cautious bearish sentiment with limited strength.
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