CANADA GOOSE HOLDINGS INC (GOOS) Stock Technical Analysis
USA - NYSE:GOOS - CA1350861060 - Common Stock
14.5 USD
+0.38 (+2.69%)
14.4999 USD
0 (0%)
We assign a technical rating of 7 out of 10 to GOOS. Although GOOS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
GOOS is one of the better performing stocks in the Textiles, Apparel & Luxury Goods industry, it outperforms 74% of 48 stocks in the same industry.
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.
GOOS has an average volume of 1324790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, GOOS did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
In the last month GOOS has a been trading in the 12.82 - 15.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although GOOS has an excellent technical rating, it does not present a decent entry opportunity 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
11.07
15.40
We found 6 important support areas.
- A support zone ranging from 14.35 to 14.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 13.50 to 13.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.28 from a horizontal line in the daily time frame.
- A support zone ranging from 12.81 to 12.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.38 from a trend line in the daily time frame.
- Support @11.18 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.24 to 15.25. This zone is formed by a combination of multiple trend lines in the daily 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 | UP | POSITIVE | The long term trend for GOOS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOOS is up. |
| ChartMill Relative Strength | 78.9 | POSITIVE | GOOS has a high relative strength, it outperformed 78.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOOS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GOOS is above 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) | 59.38 | NEUTRAL | The RSI value for GOOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests GOOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 47.64 | NEUTRAL | The Stochastics value for GOOS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.15 | MEDIUM VOLATILITY | The ATR as a percentage value for GOOS suggests some volalility. |
| Average Directional Index/ADX (14) | 27.3 | POSITIVE | The high ADX value value for GOOS suggests a strong 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)
14.5
+0.38 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg2.69%
1 Week4.44%
2 Weeks0.79%
1 Month7.38%
3 Month17.08%
6 Month85.79%
12 Month17.28%
2 Year27.21%
3 Year-13.69%
5 Year-54.71%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.15%
ATR Inc14.58%
Range Today0.65
ADR(20)0.41
ADR(20)%2.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.9
Mansfield1.9
10 Day High14.16
10 Day Low13.12
20 Day High15.14
20 Day Low12.82
52 Week High15.43
52 Week Low6.73
CS1 End13.68
CR1 Start14.35
Volume & EV
DER(3)2.76%
DER(5)1.22%
Volume710.81K
Volume Incr-63.3%
Vol(5)501.92K
Vol(50)1.32M