GUGGENHEIM STRATEGIC OPPORT (GOF) Technical Analysis
NYSE:GOF • US40167F1012
Current stock price
GOF Technical Rating and Analysis
Overall GOF gets a technical rating of 0 out of 10. GOF'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, GOF is a bad performer in the overall market: 83% of all stocks are doing better.
- GOF 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 GOF is lagging the market.
- In the last month GOF has a been trading in the 10.91 - 12.36 range, which is quite wide. It is currently trading near the lows of this range.
- GOF has an average volume of 1584540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
GOF Weekly and Daily overview Charts
GOF Setup Rating and Analysis
The technical rating of GOF is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
GOF Support and Resistance Analysis
10.91
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 11.82 to 11.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @12.56 from a horizontal line in the daily time frame.
- Resistance @13.29 from a horizontal line in the daily time frame.
- Resistance @14.28 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.94 to 14.94. This zone is formed by a combination of multiple trend lines in the daily time frame.
GOF 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 GOF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOF is down. |
| ChartMill Relative Strength | 17.17 | NEGATIVE | GOF has a low relative strength, it was outperformed by 82.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.97 | OVERSOLD | The low RSI value suggests GOF may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GOF has a negative trend. |
| Stochastics (14,3) | 18.8 | OVERSOLD | The low Stochastics value suggests GOF may be oversold. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for GOF suggests low volalility. |
| Average Directional Index/ADX (14) | 44.97 | POSITIVE | The high ADX value value for GOF suggests a strong trend. |
GOF Chart- and CandleStick Pattern Analysis
GOF Technicals: Chart, Performance Metrics, Trend & Indicators
11.02
-0.27 (-2.39%)
GUGGENHEIM STRATEGIC OPPORT / GOF TA FAQ
What is the technical rating for GOF stock?
ChartMill assigns a technical rating of 0 / 10 to GOF.
Can you provide the trend direction for GUGGENHEIM STRATEGIC OPPORT?
The current trend direction for GUGGENHEIM STRATEGIC OPPORT (GOF) is Bearish.
What is the RSI signal for GOF stock?
GUGGENHEIM STRATEGIC OPPORT (GOF) has an RSI value of 19.9743. This indicates that the stock is currently oversold.
Can you provide the MACD signal for GUGGENHEIM STRATEGIC OPPORT?
The MACD indicator for GUGGENHEIM STRATEGIC OPPORT (GOF) has a value of -0.0649321, indicating a bearish trend.
Can you provide the buy/sell signal for GUGGENHEIM STRATEGIC OPPORT?
The buy/sell signal for GUGGENHEIM STRATEGIC OPPORT (GOF) is sell as both the short term and long term trends are negative.