GOLDEN OCEAN GROUP LTD (GOGL)

BMG396372051 - Common Stock

14.05  +0.23 (+1.66%)

After market: 14.09 +0.04 (+0.28%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GOGL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GOGL is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GOGL did better than 92% of all other stocks.
GOGL is part of the Marine Transportation industry. There are 29 other stocks in this industry. GOGL outperforms 78% of them.
A new 52 week high is currently being made by GOGL, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so GOGL is leading the market.
In the last month GOGL has a been trading in the 12.55 - 14.13 range, which is quite wide. It is currently trading near the high of this range.
GOGL has an average volume of 1748100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
GOGL Weekly chart
GOGL Daily chart
Setup Rating and Analysis

2

Although GOGL has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

12.37

14.20

We found 3 important support areas.

  • A support zone ranging from 13.11 to 13.31. 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 12.79 to 12.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 12.49 to 12.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 14.06 to 14.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.87
Mansfield3.81
10 Day High14.13
10 Day Low12.84
20 Day High14.13
20 Day Low12.55
52 Week High14.13
52 Week Low6.89
Performance
1 Week8.33%
2 Weeks7.99%
1 Month8.41%
3 Month30.82%
6 Month89.1%
12 Month53.55%
2 Year12.13%
3 Year61.49%
5 Year135.74%
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)0.08
RSI(14)71.22
LBB12.49
UBB13.94
GOGL Daily chart

GOLDEN OCEAN GROUP LTD

NASDAQ:GOGL (4/26/2024, 7:00:02 PM)

After market: 14.09 +0.04 (+0.28%)

14.05

+0.23 (+1.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg1.66%
1 Week8.33%
2 Weeks7.99%
1 Month8.41%
3 Month30.82%
6 Month89.1%
12 Month53.55%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.34
ATR(20)%2.34%
ATR Inc
Range Today0.19
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 High14.13
10 Day Low12.84
20 Day High14.13
20 Day Low12.55
52 Week High14.13
52 Week Low6.89
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.18M
Volume Incr-9.63%
Vol(5)1.27M
Vol(50)1.75M