GOL LINHAS AEREAS INTEL-ADR (GOL) Technical Analysis
NYSE:GOL • US38045R2067
Current stock price
GOL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to GOL. GOL'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 78% of all other stocks performed better in the past year than GOL.
- GOL is part of the Passenger Airlines industry. There are 22 other stocks in this industry, of which 61% are performing better than GOL.
- GOL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month GOL has a been trading in the 1.86 - 3.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOL Weekly and Daily overview Charts
GOL Setup Rating and Analysis
The technical rating of GOL 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
GOL Support and Resistance Analysis
2.36
We found 3 important support areas.
- Support @2.64 from a trend line in the weekly time frame.
- A support zone ranging from 2.42 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.38 from a horizontal line in the daily time frame.
We can see 7 important resistance areas.
- A resistance zone ranging from 2.73 to 2.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 3.37 to 3.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.50 from a trend line in the daily time frame.
- Resistance @3.66 from a trend line in the daily time frame.
- Resistance @3.77 from a horizontal line in the daily time frame.
- Resistance @3.93 from a horizontal line in the daily time frame.
- Resistance @4.35 from a trend line in the weekly time frame.
GOL 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 GOL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOL is down. |
| ChartMill Relative Strength | 22.49 | NEGATIVE | GOL has a low relative strength, it was outperformed by 77.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GOL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.36 | NEUTRAL | The RSI value for GOL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests GOL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.66 | NEUTRAL | The Stochastics value for GOL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for GOL suggests high volalility. |
| Average Directional Index/ADX (14) | 31.37 | POSITIVE | The high ADX value value for GOL suggests a strong trend. |
GOL Chart- and CandleStick Pattern Analysis
GOL Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:GOL (1/25/2024, 8:25:54 PM)
2.715
+0.08 (+3.23%)
GOL LINHAS AEREAS INTEL-ADR / GOL TA FAQ
What is the ChartMill technical rating of GOL LINHAS AEREAS INTEL-ADR (GOL) stock?
ChartMill assigns a technical rating of 0 / 10 to GOL.
What is the trend direction for GOL stock?
The current trend direction for GOL LINHAS AEREAS INTEL-ADR (GOL) is Bearish.
Can you provide the RSI signal for GOL LINHAS AEREAS INTEL-ADR?
GOL LINHAS AEREAS INTEL-ADR (GOL) has an RSI value of 38.3593. This indicates that the stock is currently neutral.
What is the MACD signal for GOL LINHAS AEREAS INTEL-ADR (GOL) stock?
The MACD indicator for GOL LINHAS AEREAS INTEL-ADR (GOL) has a value of -0.0349074, indicating a bearish trend.
Can you provide the buy/sell signal for GOL LINHAS AEREAS INTEL-ADR?
The buy/sell signal for GOL LINHAS AEREAS INTEL-ADR (GOL) is sell as both the short term and long term trends are negative.