GOHEALTH INC-CLASS A (GOCO) Technical Analysis
NASDAQ:GOCO • US38046W2044
Current stock price
GOCO Technical Rating and Analysis
Overall GOCO gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, GOCO is a bad performer in the overall market: 99% of all stocks are doing better.
- GOCO is one of the lesser performing stocks in the Insurance industry. 89% of 147 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 1.00 - 1.34 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.
GOCO Weekly and Daily overview Charts
GOCO Setup Rating and Analysis
GOCO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
GOCO Support and Resistance Analysis
1.03
We found 1 important support area.
- A support zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @1.23 from a trend line in the daily time frame.
- Resistance @1.26 from a horizontal line in the daily time frame.
- Resistance @1.29 from a trend line in the daily time frame.
GOCO Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for GOCO is down. |
| ChartMill Relative Strength | 1.99 | NEGATIVE | GOCO has a low relative strength, it was outperformed by 98.01% 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) | 40.19 | NEUTRAL | The RSI value for GOCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests GOCO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.59 | NEUTRAL | The Stochastics value for GOCO is a neutral value. |
| Average True Range in percent/ATR (20) | 9.4 | HIGH VOLATILITY | The high ATR as a percentage value for GOCO suggests high volalility. |
| Average Directional Index/ADX (14) | 12.99 | NEGATIVE | The low ADX value for GOCO suggests a weak or negative trend. |
GOCO Chart- and CandleStick Pattern Analysis
GOCO Technicals: Chart, Performance Metrics, Trend & Indicators
1.11
-0.02 (-1.77%)
GOHEALTH INC-CLASS A / GOCO TA FAQ
What is the ChartMill technical rating of GOHEALTH INC-CLASS A (GOCO) stock?
ChartMill assigns a technical rating of 0 / 10 to GOCO.
Can you provide the trend direction for GOHEALTH INC-CLASS A?
The current trend direction for GOHEALTH INC-CLASS A (GOCO) is Bearish.
What is the RSI signal for GOHEALTH INC-CLASS A (GOCO) stock?
GOHEALTH INC-CLASS A (GOCO) has an RSI value of 40.1881. This indicates that the stock is currently neutral.
What is the MACD signal for GOHEALTH INC-CLASS A (GOCO) stock?
The MACD indicator for GOHEALTH INC-CLASS A (GOCO) has a value of 0.0124701, indicating a bearish trend.
What is the buy/sell signal for GOCO stock?
The buy/sell signal for GOHEALTH INC-CLASS A (GOCO) is sell as both the short term and long term trends are negative.