GOGO INC (GOGO) Stock Technical Analysis
NASDAQ:GOGO - Nasdaq - US38046C1099 - Common Stock - Currency: USD
Overall GOGO gets a technical rating of 2 out of 10. GOGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, GOGO is a bad performer in the overall market: 76% of all stocks are doing better.
GOGO is part of the Wireless Telecommunication Services industry. There are 21 other stocks in this industry, of which 90% are performing better than GOGO.
GOGO is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month GOGO has a been trading in the 6.44 - 7.92 range, which is quite wide. It is currently trading near the high of this range.
GOGO has an average volume of 1715920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Considerably lower volume is observed in the last couple of days.
GOGO has a poor technical rating and the quality of the setup is also only medium 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
6.24
9.05
When analyzing the support we can see 5 important areas.
- A support zone ranging from 7.28 to 7.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 7.02 to 7.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.80 to 6.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 6.46 to 6.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.30 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @7.81 from a horizontal line in the daily time frame.
- Resistance @7.98 from a trend line in the weekly time frame.
- Resistance @8.32 from a trend line in the weekly time frame.
- Resistance @8.62 from a horizontal line in the weekly time frame.
- Resistance @8.96 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.55
Mansfield-0.56
10 Day High7.93
10 Day Low6.83
20 Day High7.93
20 Day Low6.44
52 Week High11
52 Week Low6.17
Performance
1 Week-3.22%
2 Weeks9.62%
1 Month6.06%
3 Month-9.18%
6 Month-6.12%
12 Month-26.27%
2 Year-50.03%
3 Year-62.88%
5 Year261.54%
10 Year-64.86%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.05
RSI(14)50.65
LBB6.64
UBB8.07
7.52
+0.02 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg0.27%
1 Week-3.22%
2 Weeks9.62%
1 Month6.06%
3 Month-9.18%
6 Month-6.12%
12 Month-26.27%
2 Year-50.03%
3 Year-62.88%
5 Year261.54%
10 Year-64.86%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%5.87%
ATR Inc-11.14%
Range Today0.26
ADR(20)0.42
ADR(20)%5.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.55
Mansfield-0.56
10 Day High7.93
10 Day Low6.83
20 Day High7.93
20 Day Low6.44
52 Week High11
52 Week Low6.17
CS1 End7.32
CR1 Start7.81
Volume & EV
DER(3)-5.99%
DER(5)-4.47%
Volume844.00K
Volume Incr-44.72%
Vol(5)893.00K
Vol(50)1.72M