GOGO INC (GOGO) Technical Analysis
NASDAQ:GOGO • US38046C1099
Current stock price
4.96 USD
+0.13 (+2.69%)
At close:
4.96 USD
0 (0%)
After Hours:
GOGO Technical Rating and Analysis
Overall GOGO gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GOGO was also a bad performer in the overall market in the last year.
- 84% 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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.
- In the last month GOGO has a been trading in the 3.91 - 5.12 range, which is quite wide. It is currently trading near the high of this range.
- GOGO has an average volume of 1920830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
GOGO Weekly and Daily overview Charts
GOGO Setup Rating and Analysis
GOGO has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
GOGO Support and Resistance Analysis
3.88
5.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.41 to 4.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.92 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.24 to 5.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.36 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 | UP | POSITIVE | The short term trend for GOGO is up. |
| ChartMill Relative Strength | 16.28 | NEGATIVE | GOGO has a low relative strength, it was outperformed by 83.72% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOGO is above the rising 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) | 65.51 | NEUTRAL | The RSI value for GOGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests GOGO has a positive trend. |
| Stochastics (14,3) | 91.42 | OVERBOUGHT | The high Stochastics value suggests GOGO may be overbought. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for GOGO suggests some volalility. |
| Average Directional Index/ADX (14) | 20.91 | NEUTRAL | The ADX value for GOGO suggests a possible start of a new 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
4.96
+0.13 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg2.69%
1 Week8.77%
2 Weeks20.39%
1 Month11.96%
3 Month3.33%
6 Month-44.14%
12 Month-28.84%
2 Year-45.25%
3 Year-63.01%
5 Year-52.4%
10 Year-53.16%
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%4.96%
ATR Inc-14.49%
Range Today0.27
ADR(20)0.24
ADR(20)%4.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.28
3 months CRS66.46
6 months CRS10
Mansfield-4.79
10 Day High5.12
10 Day Low4
20 Day High5.12
20 Day Low3.91
52 Week High16.82
52 Week Low3.85
CS1 End4.54
CR1 Start5.24
Volume & EV
DER(3)5.81%
DER(5)3.54%
Volume1.22M
Volume Incr-43.54%
Vol(5)1.13M
Vol(50)1.92M
GOGO INC / GOGO TA FAQ
Can you provide the ChartMill technical rating for GOGO INC?
ChartMill assigns a technical rating of 4 / 10 to GOGO.
Can you provide the trend direction for GOGO INC?
The current trend direction for GOGO INC (GOGO) is Bearish.
What is the RSI signal for GOGO INC (GOGO) stock?
GOGO INC (GOGO) has an RSI value of 65.5075. This indicates that the stock is currently neutral.
What is the MACD signal for GOGO INC (GOGO) stock?
The MACD indicator for GOGO INC (GOGO) has a value of 0.0855717, indicating a bearish trend.
Can you provide the short term momentum for GOGO INC?
The short term momentum for GOGO INC (GOGO) is positive.