GOLDEN OCEAN GROUP LTD (GOGL.OL) Stock Technical Analysis
OSL:GOGL - Euronext Oslo - BMG396372051 - Common Stock - Currency: NOK
Taking everything into account, GOGL scores 0 out of 10 in our technical rating. 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.
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, GOGL is a bad performer in the overall market: 94% of all stocks are doing better.
GOGL is one of the lesser performing stocks in the Marine Transportation industry. 94% of 18 stocks in the same industry do better.
GOGL is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month GOGL has a been trading in the 65.00 - 86.56 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
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
70.23
109.44
2 important support areas can be observed.
- A support zone ranging from 79.33 to 79.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 70.94 to 71.98. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 81.06 to 82.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 94.47 to 95.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @108.36 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6
Mansfield-2.96
10 Day High83.4
10 Day Low72.45
20 Day High86.56
20 Day Low65
52 Week High167
52 Week Low65
Performance
1 Week2.59%
2 Weeks8.79%
1 Month-6.41%
3 Month-22.07%
6 Month-37.17%
12 Month-50.38%
2 Year2.44%
3 Year-42.37%
5 Year171.8%
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)1.24
RSI(14)50.45
LBB73.21
UBB83.38
OSL:GOGL (5/6/2025, 7:00:00 PM)
81.05
-1.2 (-1.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-1.46%
1 Week2.59%
2 Weeks8.79%
1 Month-6.41%
3 Month-22.07%
6 Month-37.17%
12 Month-50.38%
2 Year2.44%
3 Year-42.37%
5 Year171.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.94
ATR(20)%5.6%
ATR Inc-14.93%
Range Today3.35
ADR(20)4.11
ADR(20)%5.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6
Mansfield-2.96
10 Day High83.4
10 Day Low72.45
20 Day High86.56
20 Day Low65
52 Week High167
52 Week Low65
CS1 End79.78
CR1 Start81.06
Volume & EV
DER(3)-0.54%
DER(5)3.1%
Volume177.99K
Volume Incr-54.11%
Vol(5)284.54K
Vol(50)689.87K