CANOO INC (GOEV)
US13803R2013 - Common Stock
Taking everything into account, GOEV scores 0 out of 10 in our technical rating. GOEV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, GOEV is a bad performer in the overall market: 97% of all stocks are doing better.
GOEV is part of the Automobiles industry. There are 40 other stocks in this industry, of which 66% 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.
GOEV has an average volume of 35915700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GOEV has a been trading in the 2.07 - 3.49 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.
Although the technical rating is bad, GOEV does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.69, a Stop Loss order could be placed below this zone.
More info and screens
2.64
3.21
When analyzing the support we notice one important area.
- A support zone ranging from 2.67 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- Resistance @3.03 from a trend line in the daily time frame.
- A resistance zone ranging from 3.12 to 3.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.66
Mansfield-6.87
10 Day High3.49
10 Day Low2.38
20 Day High3.49
20 Day Low2.07
52 Week High19.5
52 Week Low1.22
Performance
1 Week-17.06%
2 Weeks13.71%
1 Month-27.13%
3 Month-27.88%
6 Month-55.12%
12 Month-82.67%
2 Year-97.45%
3 Year-98.61%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)49.76
LBB2.17
UBB3.39
CANOO INC
NASDAQ:GOEV (4/29/2024, 7:03:26 PM)
After market: 2.82 0 (0%)2.82
+0.05 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg1.81%
1 Week-17.06%
2 Weeks13.71%
1 Month-27.13%
3 Month-27.88%
6 Month-55.12%
12 Month-82.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.38
ATR(20)%15.25%
ATR Inc
Range Today0.18
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.49
10 Day Low2.38
20 Day High3.49
20 Day Low2.07
52 Week High19.5
52 Week Low1.22
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.91M
Volume Incr-59.24%
Vol(5)3.08M
Vol(50)35.92M