GOLDEN OCEAN GROUP LTD (GOGL.OL) Technical Analysis
OSL:GOGL • BMG396372051
Current stock price
GOGL.OL Technical Rating and Analysis
Overall GOGL gets a technical rating of 3 out of 10. GOGL'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.
- 82% of all other stocks performed better in the past year than GOGL.
- GOGL is part of the Marine Transportation industry. There are 18 other stocks in this industry, of which 82% are performing better than GOGL.
- GOGL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GOGL is lagging the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month GOGL has a been trading in the 79.00 - 92.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOGL.OL Weekly and Daily overview Charts
GOGL.OL Setup Rating and Analysis
GOGL 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
GOGL.OL Support and Resistance Analysis
70.23
When analyzing the support we can see 3 important areas.
- Support @76.29 from a trend line in the daily time frame.
- A support zone ranging from 72.55 to 73.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @70.94 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 89.29 to 92.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
GOGL.OL 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 | NEUTRAL | NEUTRAL | The long term trend for GOGL.OL is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOGL.OL is neutral. |
| ChartMill Relative Strength | 18.63 | NEGATIVE | GOGL.OL has a low relative strength, it was outperformed by 81.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOGL.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOGL.OL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOGL.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.95 | NEUTRAL | The RSI value for GOGL.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.96 | NEGATIVE | The MACD value suggests GOGL.OL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.49 | NEUTRAL | The Stochastics value for GOGL.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for GOGL.OL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.1 | NEUTRAL | The ADX value for GOGL.OL suggests a possible start of a new trend. |
GOGL.OL Chart- and CandleStick Pattern Analysis
GOGL.OL Technicals: Chart, Performance Metrics, Trend & Indicators
OSL:GOGL (8/19/2025, 7:00:00 PM)
83.25
+0.95 (+1.15%)
GOLDEN OCEAN GROUP LTD / GOGL.OL TA FAQ
What is the technical rating for GOGL stock?
ChartMill assigns a technical rating of 3 / 10 to GOGL.OL.
Can you provide the trend direction for GOLDEN OCEAN GROUP LTD?
The current trend direction for GOLDEN OCEAN GROUP LTD (GOGL.OL) is Bearish.
What is the RSI signal for GOGL stock?
GOLDEN OCEAN GROUP LTD (GOGL.OL) has an RSI value of 45.9492. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GOLDEN OCEAN GROUP LTD?
The MACD indicator for GOLDEN OCEAN GROUP LTD (GOGL.OL) has a value of -0.962731, indicating a bearish trend.
What is the short term momentum for GOLDEN OCEAN GROUP LTD (GOGL.OL) stock?
The short term momentum for GOLDEN OCEAN GROUP LTD (GOGL.OL) is neutral.