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GNKGenco Shipping & Trading Ltd

NYSEDaily chart
Range low retest · 11 Sept 2024

GNK slipped below its $20.05 – $23.43 range and came back to test the low on 11 Sept 2024.

Range low
$20.05
support
Range high
$23.43
17% above the low
In the range since
Apr 2024
6 mo
Close on retest day
$17.03
15% below the range low
  • Previous range $15.55 – $19.60 lasted 5 mo and broke upward at $24.81.
  • 9 sideways ranges found since 2022.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
5 Feb 2026Still open——
24 Sept 20252 Mar 2026 · 5 moBroke above the range at $24.81—
26 Nov 202422 Apr 2025 · 5 moBroke below the range at $12.11—
18 Apr 202431 Oct 2024 · 6 moBroke below the range at $15.5511 Sept 2024
15 Feb 20249 May 2024 · 3 moBroke above the range at $23.43—
18 Apr 202312 Feb 2024 · 10 moBroke above the range at $18.40—
13 Sept 202230 Jan 2023 · 5 moBroke above the range at $18.55—
20 Apr 20227 Sept 2022 · 5 moBroke below the range at $12.97—
12 Jan 202221 Jun 2022 · 5 moBroke above the range at $19.78—

Retest signals

  • 11 Sept 2024 · 5 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.