GOHEALTH INC-CLASS A (GOCO) Stock Technical Analysis
NASDAQ:GOCO - Nasdaq - US38046W2044 - Common Stock - Currency: USD
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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, GOCO is a bad performer in the overall market: 96% of all stocks are doing better.
GOCO is part of the Insurance industry. There are 142 other stocks in this industry, of which 95% are performing better than GOCO.
GOCO is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so GOCO is lagging the market.
In the last month GOCO has a been trading in the 5.40 - 9.00 range, which is quite wide. It is currently trading near the lows of this range.
GOCO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.73
5.85
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 | 4.08 | NEGATIVE | GOCO has a low relative strength, it was outperformed by 95.92% 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) | 30.34 | NEUTRAL | The RSI value for GOCO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GOCO has a positive trend. |
| Stochastics (14,3) | 5.92 | OVERSOLD | The low Stochastics value suggests GOCO may be oversold. |
| Average True Range in percent/ATR (20) | 11.16 | HIGH VOLATILITY | The high ATR as a percentage value for GOCO suggests high volalility. |
| Average Directional Index/ADX (14) | 46.49 | POSITIVE | The high ADX value value for GOCO suggests a strong 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)
5.79
+0.28 (+5.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg5.08%
1 Week0.7%
2 Weeks-18.79%
1 Month-34.28%
3 Month-61.53%
6 Month-46.34%
12 Month-42.16%
2 Year-70.62%
3 Year-35.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%11.16%
ATR Inc-47.23%
Range Today0.39
ADR(20)0.64
ADR(20)%11.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.08
Mansfield-5.05
10 Day High7.04
10 Day Low5.4
20 Day High9
20 Day Low5.4
52 Week High21
52 Week Low5.4
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-4.97%
DER(5)-6.14%
Volume65.53K
Volume Incr-14.33%
Vol(5)57.87K
Vol(50)65.80K