GOGORO INC (GGR) Stock Technical Analysis
NASDAQ:GGR - Nasdaq - KYG9491K1058 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to GGR. Recently some decent action could be observed, but in the medium term time frame this is still negative. GGR was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, GGR is a bad performer in the overall market: 91% of all stocks are doing better.
GGR is part of the Automobiles industry. There are 37 other stocks in this industry, of which 63% are performing better than GGR.
GGR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
In the last month GGR has a been trading in the 0.34 - 0.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, GGR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.35, a Stop Loss order could be placed below this zone.
More info and screens
0.28
0.40
3 important support areas can be observed.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.34 from a horizontal line in the daily time frame.
- Support @0.28 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.36 to 0.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.37 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for GGR is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GGR is up. |
| ChartMill Relative Strength | 9.68 | NEGATIVE | GGR has a low relative strength, it was outperformed by 90.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GGR is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GGR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GGR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.09 | NEUTRAL | The RSI value for GGR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GGR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.46 | NEUTRAL | The Stochastics value for GGR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for GGR suggests high volalility. |
| Average Directional Index/ADX (14) | 22.51 | NEUTRAL | The ADX value for GGR suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:GGR (8/15/2025, 5:20:01 PM)
0.3593
+0.01 (+2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg2.66%
1 Week1.08%
2 Weeks3.37%
1 Month3.4%
3 Month26.95%
6 Month-24.97%
12 Month-72.43%
2 Year-88.18%
3 Year-92.59%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%6.11%
ATR Inc-6.33%
Range Today0.01
ADR(20)0.02
ADR(20)%5.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.68
Mansfield-3.02
10 Day High0.38
10 Day Low0.34
20 Day High0.4
20 Day Low0.34
52 Week High1.36
52 Week Low0.19
CS1 End0.35
CR1 Start0.36
Volume & EV
DER(3)-11.93%
DER(5)-13.21%
Volume226.47K
Volume Incr-43.6%
Vol(5)256.23K
Vol(50)438.75K