CANOO INC (GOEV) Technical Analysis
NASDAQ:GOEV • US13803R2013
Current stock price
GOEV Technical Rating and Analysis
Taking everything into account, GOEV scores 0 out of 10 in our technical rating. GOEV'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.
- 100% of all other stocks performed better in the past year than GOEV.
- GOEV is part of the Automobiles industry. There are 35 other stocks in this industry, of which 88% are performing better than GOEV.
- GOEV is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GOEV is lagging the market.
- In the last month GOEV has a been trading in the 0.32 - 1.79 range, which is quite wide. It is currently trading near the lows of this range.
- GOEV has an average volume of 53005700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GOEV Weekly and Daily overview Charts
GOEV Setup Rating and Analysis
The technical rating of GOEV is bad and it also does not present a quality setup 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
GOEV Support and Resistance Analysis
GOEV 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 GOEV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOEV is down. |
| ChartMill Relative Strength | 0.03 | NEGATIVE | GOEV has a low relative strength, it was outperformed by 99.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOEV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOEV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOEV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.56 | OVERSOLD | The low RSI value suggests GOEV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests GOEV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.67 | OVERSOLD | The low Stochastics value suggests GOEV may be oversold. |
| Average True Range in percent/ATR (20) | 64.84 | HIGH VOLATILITY | The high ATR as a percentage value for GOEV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.86 | NEUTRAL | The ADX value for GOEV suggests a possible start of a new trend. |
GOEV Chart- and CandleStick Pattern Analysis
GOEV Technicals: Chart, Performance Metrics, Trend & Indicators
0.37
-0.04 (-9.6%)
CANOO INC / GOEV TA FAQ
Can you provide the ChartMill technical rating for CANOO INC?
ChartMill assigns a technical rating of 0 / 10 to GOEV.
What is the trend direction for GOEV stock?
The current trend direction for CANOO INC (GOEV) is Bearish.
Can you provide the RSI signal for CANOO INC?
CANOO INC (GOEV) has an RSI value of 24.5615. This indicates that the stock is currently oversold.
What is the buy/sell signal for CANOO INC (GOEV) stock?
The buy/sell signal for CANOO INC (GOEV) is sell as both the short term and long term trends are negative.