We assign a technical rating of 0 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 technical rating of GOGO is bad and it also does not present a 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
4.56
2 important resistance areas can be observed.
- Resistance @4.71 from a horizontal line in the daily time frame.
- Resistance @5.86 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for GOGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOGO is down. |
| ChartMill Relative Strength | 6.7 | NEGATIVE | GOGO has a low relative strength, it was outperformed by 93.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOGO is below a declining 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) | 23.18 | OVERSOLD | The low RSI value suggests GOGO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests GOGO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.16 | OVERSOLD | The low Stochastics value suggests GOGO may be oversold. |
| Average True Range in percent/ATR (20) | 7.91 | HIGH VOLATILITY | The high ATR as a percentage value for GOGO suggests high volalility. |
| Average Directional Index/ADX (14) | 42.89 | POSITIVE | The high ADX value value for GOGO suggests a strong trend. |
4.61
+0.02 (+0.44%)
GOGO INC / GOGO FAQ
What is the technical rating for GOGO stock?
ChartMill assigns a technical rating of 0 / 10 to GOGO.
What is the current trend direction of GOGO INC (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 23.1776. This indicates that the stock is currently oversold.
What is the MACD signal for GOGO INC (GOGO) stock?
The MACD indicator for GOGO INC (GOGO) has a value of -0.0393868, indicating a bearish trend.
What is the support and resistance level for GOGO stock?
GOGO INC (GOGO) has a resistance level at 4.71. Check the full technical report for our detailed analysis of GOGO support and resistance levels.