Is Genco Shipping & Trading Ltd. technically bullish or bearish?
As of October 24, 2025, Genco Shipping & Trading Ltd. shows a mildly bullish trend despite mixed indicators, having underperformed the S&P 500 recently but outperformed it year-to-date.
As of 24 October 2025, the technical trend for Genco Shipping & Trading Ltd. has changed from sideways to mildly bullish. The daily moving averages indicate a mildly bullish stance, while the weekly MACD is mildly bearish and the monthly MACD is mildly bullish. Dow Theory supports a mildly bullish outlook on both weekly and monthly time frames. However, the overall sentiment is mixed due to the bearish signals from Bollinger Bands and KST on the monthly basis. In terms of performance, Genco has underperformed the S&P 500 over the past week and month, with returns of -1.23% and -15.64% compared to the S&P 500's gains of 1.92% and 2.32%, respectively. However, it has outperformed the S&P 500 year-to-date with a return of 14.92% versus 15.47%. Overall, the current technical stance is mildly bullish, but caution is warranted given the mixed indicators.
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