CANADA GOOSE HOLDINGS INC (GOOS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:GOOS - CA1350861060 - Common Stock
12.98 USD
+0.05 (+0.39%)
12.98 USD
0 (0%)
Overall GOOS gets a technical rating of 3 out of 10. GOOS has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
GOOS is part of the Textiles, Apparel & Luxury Goods industry. There are 45 other stocks in this industry. GOOS outperforms 72% of them.
GOOS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GOOS is lagging the market slightly.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that GOOS is one of the better performing stocks in the market, outperforming 74% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month GOOS has a been trading in the 12.22 - 14.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, GOOS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 12.86, a Stop Loss order could be placed below this zone.
More info and screens
11.07
14.77
We found 4 important support areas.
- A support zone ranging from 12.75 to 12.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.50 from a horizontal line in the weekly time frame.
- Support @12.20 from a horizontal line in the daily time frame.
- Support @11.18 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 13.01 to 13.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.81 from a trend line in the weekly time frame.
- A resistance zone ranging from 14.15 to 14.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GOOS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GOOS is neutral. |
| ChartMill Relative Strength | 74.84 | POSITIVE | GOOS has a high relative strength, it outperformed 74.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GOOS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOOS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.17 | NEUTRAL | The RSI value for GOOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests GOOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.69 | NEUTRAL | The Stochastics value for GOOS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for GOOS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.7 | NEGATIVE | The low ADX value for GOOS suggests a weak or negative trend. |
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)
12.98
+0.05 (+0.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg0.39%
1 Week-0.46%
2 Weeks-7.02%
1 Month4.42%
3 Month-5.19%
6 Month15.89%
12 Month28.13%
2 Year9.54%
3 Year-27.12%
5 Year-56.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%3.43%
ATR Inc-14.12%
Range Today0.37
ADR(20)0.44
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.84
3 months CRS31.22
6 months CRS74.49
Mansfield0.48
10 Day High13.96
10 Day Low12.51
20 Day High14.6
20 Day Low12.22
52 Week High15.43
52 Week Low6.73
CS1 End12.86
CR1 Start13.01
Volume & EV
DER(3)-2.56%
DER(5)-3.05%
Volume1.44M
Volume Incr81.17%
Vol(5)899.26K
Vol(50)679.25K
CANADA GOOSE HOLDINGS INC / GOOS FAQ
What is the ChartMill technical rating of CANADA GOOSE HOLDINGS INC (GOOS) stock?
ChartMill assigns a technical rating of 3 / 10 to GOOS.
What is the current trend direction of CANADA GOOSE HOLDINGS INC (GOOS) stock?
The current trend direction for CANADA GOOSE HOLDINGS INC (GOOS) is Bearish.
What is the RSI signal for GOOS stock?
CANADA GOOSE HOLDINGS INC (GOOS) has an RSI value of 46.1711. This indicates that the stock is currently neutral.
What is the short term momentum for CANADA GOOSE HOLDINGS INC (GOOS) stock?
The short term momentum for CANADA GOOSE HOLDINGS INC (GOOS) is neutral.