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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 97% of all other stocks performed better in the past year than GOCO.
- GOCO is one of the lesser performing stocks in the Insurance industry. 86% of 149 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 2.05 - 2.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GOCO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.50. Right above this resistance zone may be a good entry point. 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
2.30
When analyzing the support we notice one important area.
- A support zone ranging from 2.32 to 2.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.50 to 2.52. 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 GOCO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOCO is neutral. |
| ChartMill Relative Strength | 3 | NEGATIVE | GOCO has a low relative strength, it was outperformed by 97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of GOCO is above 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) | 49.13 | NEUTRAL | The RSI value for GOCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests GOCO has a positive trend. |
| Stochastics (14,3) | 64.79 | NEUTRAL | The Stochastics value for GOCO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.29 | HIGH VOLATILITY | The high ATR as a percentage value for GOCO suggests high volalility. |
| Average Directional Index/ADX (14) | 21.7 | NEUTRAL | The ADX value for GOCO suggests a possible start of a new trend. |
2.49
+0.09 (+3.75%)
GOHEALTH INC-CLASS A / GOCO 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 GOCO stock?
GOHEALTH INC-CLASS A (GOCO) has an RSI value of 49.1268. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GOHEALTH INC-CLASS A?
The short term momentum for GOHEALTH INC-CLASS A (GOCO) is neutral.
Can you provide the support and resistance levels for GOHEALTH INC-CLASS A?
GOHEALTH INC-CLASS A (GOCO) has a support level at 2.37 and a resistance level at 2.5. Check the full technical report for our detailed analysis of GOCO support and resistance levels.