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GoGreen Investments Corporation (GOGN) Stock Technical Analysis

USA - New York Stock Exchange - NYSE:GOGN - KYG9461B1014 - Common Stock

12.5 USD
+1.06 (+9.27%)
Last: 7/5/2023, 8:12:22 PM
13 USD
+0.5 (+4%)
After Hours: 7/5/2023, 8:12:22 PM
Technical Rating and Analysis

10

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.
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.
Weekly and Daily overview Charts
GoGreen Investments Corporation / GOGN Weekly stock chart
GoGreen Investments Corporation / GOGN Daily stock chart
Setup Rating and Analysis

2

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.

Support and Resistance Analysis

10.32

12.63

We found 2 important support 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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for GOGN is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for GOGN is up.
ChartMill Relative Strength85.13POSITIVEGOGN has a high relative strength, it outperformed 85.13% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of GOGN is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of GOGN is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of GOGN is above the rising SMA(200).
Relative Strength Index/RSI (14)69.45NEUTRALThe RSI value for GOGN is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.15POSITIVEThe MACD value suggests GOGN has a positive trend.
Stochastics (14,3)78.07NEUTRALThe Stochastics value for GOGN is a neutral value.
Average True Range in percent/ATR (20)3.34MEDIUM VOLATILITYThe ATR as a percentage value for GOGN suggests some volalility.
Average Directional Index/ADX (14)43.51POSITIVEThe high ADX value value for GOGN suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
GoGreen Investments Corporation / GOGN Daily stock chart

GoGreen Investments Corporation

NYSE:GOGN (7/5/2023, 8:12:22 PM)

After market: 13 +0.5 (+4%)

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
3 months CRSN/A
6 months CRSN/A
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

GoGreen Investments Corporation / GOGN FAQ

Can you provide the ChartMill technical rating for GoGreen Investments Corporation?

ChartMill assigns a technical rating of 9 / 10 to GOGN.


Can you provide the trend direction for GoGreen Investments Corporation?

The current trend direction for GoGreen Investments Corporation (GOGN) is Bullish.


Can you provide the RSI signal for GoGreen Investments Corporation?

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.


Can you provide the support and resistance levels for GoGreen Investments Corporation?

GoGreen Investments Corporation (GOGN) has a support level at 10.98. Check the full technical report for our detailed analysis of GOGN support and resistance levels.