GOGO INC (GOGO) Technical Analysis
NASDAQ:GOGO • US38046C1099
Current stock price
4.31 USD
-0.21 (-4.65%)
At close:
4.28 USD
-0.03 (-0.7%)
After Hours:
GOGO Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to GOGO. GOGO'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 87% of all other stocks performed better in the past year than GOGO.
- GOGO is one of the lesser performing stocks in the Wireless Telecommunication Services industry. 80% of 22 stocks in the same industry do better.
- GOGO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so GOGO is lagging the market.
- In the last month GOGO has a been trading in the 4.08 - 5.42 range, which is quite wide. It is currently trading near the lows of this range.
- GOGO has an average volume of 2006380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GOGO Weekly and Daily overview Charts
GOGO Setup Rating and Analysis
Although the technical rating is bad, GOGO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for GOGO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
GOGO Support and Resistance Analysis
3.87
5.29
We found 3 important support areas.
- Support @4.23 from a horizontal line in the daily time frame.
- Support @4.16 from a horizontal line in the weekly time frame.
- Support @3.91 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.32 to 4.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.50 to 4.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.91 from a trend line in the daily time frame.
- Resistance @5.24 from a horizontal line in the daily time frame.
GOGO 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 | DOWN | NEGATIVE | The long term trend for GOGO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOGO is neutral. |
| ChartMill Relative Strength | 13.16 | NEGATIVE | GOGO has a low relative strength, it was outperformed by 86.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GOGO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.93 | NEUTRAL | The RSI value for GOGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests GOGO has a negative trend. |
| Stochastics (14,3) | 26.46 | NEUTRAL | The Stochastics value for GOGO is a neutral value. |
| Average True Range in percent/ATR (20) | 6.95 | HIGH VOLATILITY | The high ATR as a percentage value for GOGO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.19 | NEGATIVE | The low ADX value for GOGO suggests a weak or negative trend. |
GOGO 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)
GOGO Technicals: Chart, Performance Metrics, Trend & Indicators
4.31
-0.21 (-4.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg-4.65%
1 Week1.17%
2 Weeks0%
1 Month1.89%
3 Month-6.51%
6 Month-52.72%
12 Month-49.94%
2 Year-50.91%
3 Year-70.28%
5 Year-55.38%
10 Year-60.85%
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%6.95%
ATR Inc-26.81%
Range Today0.24
ADR(20)0.29
ADR(20)%6.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.16
3 months CRS41.13
6 months CRS9.21
Mansfield-5.08
10 Day High4.67
10 Day Low4.21
20 Day High5.42
20 Day Low4.08
52 Week High16.82
52 Week Low3.85
CS1 End4.23
CR1 Start4.32
Volume & EV
DER(3)1.9%
DER(5)3.73%
Volume1.76M
Volume Incr-29.63%
Vol(5)1.70M
Vol(50)2.01M
GOGO INC / GOGO TA FAQ
Can you provide the ChartMill technical rating for GOGO INC?
ChartMill assigns a technical rating of 1 / 10 to GOGO.
What is the trend direction for GOGO stock?
The current trend direction for GOGO INC (GOGO) is Bearish.
What is the RSI signal for GOGO stock?
GOGO INC (GOGO) has an RSI value of 43.9327. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GOGO INC?
The short term momentum for GOGO INC (GOGO) is neutral.