GOHEALTH INC-CLASS A (GOCO) Stock Technical Analysis
NASDAQ:GOCO - Nasdaq - US38046W2044 - Common Stock - Currency: USD
Taking everything into account, GOCO scores 0 out of 10 in our technical rating. GOCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GOCO is a bad performer in the overall market: 92% of all stocks are doing better.
GOCO is one of the lesser performing stocks in the Insurance industry. 89% of 143 stocks in the same industry do better.
GOCO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month GOCO has a been trading in the 5.48 - 6.61 range, which is quite wide. It is currently trading near the lows of this range.
Although the technical rating is bad, GOCO 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 5.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GOCO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.33
6.49
2 important support areas can be observed.
- A support zone ranging from 5.50 to 5.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.38 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.82 to 5.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.06 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.42 to 6.43. This zone is formed by a combination of multiple trend lines and important moving averages 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 GOCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOCO is neutral. |
| ChartMill Relative Strength | 8.72 | NEGATIVE | GOCO has a low relative strength, it was outperformed by 91.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOCO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOCO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOCO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.67 | NEUTRAL | The RSI value for GOCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GOCO has a negative trend. |
| Stochastics (14,3) | 29.35 | NEUTRAL | The Stochastics value for GOCO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.43 | HIGH VOLATILITY | The high ATR as a percentage value for GOCO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.09 | NEUTRAL | The ADX value for GOCO 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:GOCO (8/15/2025, 8:25:45 PM)
5.61
-0.21 (-3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg-3.53%
1 Week0.36%
2 Weeks0.9%
1 Month-2.94%
3 Month-21.32%
6 Month-70.7%
12 Month-28.99%
2 Year-64.69%
3 Year-17.24%
5 Year-97.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%7.43%
ATR Inc-25.83%
Range Today0.24
ADR(20)0.41
ADR(20)%7.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.72
Mansfield-5.09
10 Day High6.61
10 Day Low5.48
20 Day High6.61
20 Day Low5.48
52 Week High21
52 Week Low5.01
CS1 End5.51
CR1 Start5.82
Volume & EV
DER(3)15.05%
DER(5)10.46%
Volume38.80K
Volume Incr-8.48%
Vol(5)41.82K
Vol(50)54.31K