GoGreen Investments Corporation (GOGN) Technical Analysis
NYSE:GOGN • KYG9461B1014
Current stock price
GOGN Technical Rating and Analysis
Overall GOGN gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GOGN has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, GOGN did better than 85% of all other stocks.
- GOGN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month GOGN has a been trading in the 9.64 - 13.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GOGN Weekly and Daily overview Charts
GOGN Setup Rating and Analysis
Although GOGN 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.
More info and screens
GOGN Support and Resistance Analysis
10.32
When analyzing the support we can see 2 important areas.
- A support zone ranging from 10.71 to 10.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.42 from a horizontal line in the daily time frame.
GOGN 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 | UP | POSITIVE | The long term trend for GOGN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOGN is up. |
| ChartMill Relative Strength | 85.13 | POSITIVE | GOGN has a high relative strength, it outperformed 85.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.45 | NEUTRAL | The RSI value for GOGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests GOGN has a positive trend. |
| Stochastics (14,3) | 78.07 | NEUTRAL | The Stochastics value for GOGN is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for GOGN suggests some volalility. |
| Average Directional Index/ADX (14) | 43.51 | POSITIVE | The high ADX value value for GOGN suggests a strong trend. |
GOGN Chart- and CandleStick Pattern Analysis
GOGN Technicals: Chart, Performance Metrics, Trend & Indicators
12.5
+1.06 (+9.27%)
GoGreen Investments Corporation / GOGN TA FAQ
Can you provide the ChartMill technical rating for GoGreen Investments Corporation?
ChartMill assigns a technical rating of 9 / 10 to GOGN.
What is the trend direction for GOGN stock?
The current trend direction for GoGreen Investments Corporation (GOGN) is Bullish.
What is the RSI signal for GOGN stock?
GoGreen Investments Corporation (GOGN) has an RSI value of 69.447. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GoGreen Investments Corporation?
The short term momentum for GoGreen Investments Corporation (GOGN) is positive.
What is the buy/sell signal for GoGreen Investments Corporation (GOGN) stock?
The buy/sell signal for GoGreen Investments Corporation (GOGN) is buy as both the short term and long term trends are positive.