GoGreen Investments Corporation (GOGN) Stock Technical Analysis
NYSE:GOGN - KYG9461B1014 - Common Stock
12.5 USD
+1.06 (+9.27%)
13 USD
+0.5 (+4%)
Taking everything into account, GOGN scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GOGN is showing a nice and steady performance.
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.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that GOGN is one of the better performing stocks in the market, outperforming 85% of all stocks.
A new 52 week high is currently being made by GOGN, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
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.
Although GOGN has an excellent technical rating, it does not offer a high quality setup 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
10.32
12.63
2 important support areas can be observed.
- 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.
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. |
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)
12.5
+1.06 (+9.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg9.27%
1 Week17.92%
2 Weeks16.39%
1 Month16.71%
3 Month18.48%
6 Month20.42%
12 Month24.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%3.34%
ATR Inc176.54%
Range Today1.39
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.13
Mansfield0.85
10 Day High13
10 Day Low9.64
20 Day High13
20 Day Low9.64
52 Week High13
52 Week Low9.64
CS1 End10.98
CR1 StartN/A
Volume & EV
DER(3)-1.6%
DER(5)0.12%
Volume105.30K
Volume Incr-70.57%
Vol(5)57.90K
Vol(50)125.25K