CANADA GOOSE HOLDINGS INC (GOOS) Technical Analysis
NYSE:GOOS • CA1350861060
Taking everything into account, GOOS scores 1 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the performance of all stocks over the past year, GOOS turns out to be only a medium performer in the overall market: it outperformed 51% of all stocks.
- GOOS is an average performer in the Textiles, Apparel & Luxury Goods industry, it outperforms 59% of 45 stocks in the same industry.
- GOOS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GOOS is lagging the market.
- In the last month GOOS has a been trading in the 10.20 - 13.35 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.
The technical rating of GOOS 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
10.84
When analyzing the support we can see 3 important areas.
- Support @11.57 from a trend line in the weekly time frame.
- A support zone ranging from 11.21 to 11.23. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @10.95 from a horizontal line in the daily time frame.
7 important resistance areas can be observed.
- A resistance zone ranging from 12.05 to 12.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 12.45 to 12.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.02 from a trend line in the weekly time frame.
- Resistance @13.53 from a horizontal line in the weekly time frame.
- Resistance @13.77 from a trend line in the daily time frame.
- Resistance @14.15 from a horizontal line in the daily time frame.
- A resistance zone ranging from 14.46 to 14.61. 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 | DOWN | NEGATIVE | The long term trend for GOOS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOOS is down. |
| ChartMill Relative Strength | 51.94 | NEUTRAL | GOOS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOOS is below a declining 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 | MIXED | The current price of GOOS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.25 | NEUTRAL | The RSI value for GOOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GOOS has a negative trend. |
| Stochastics (14,3) | 30.54 | NEUTRAL | The Stochastics value for GOOS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.38 | HIGH VOLATILITY | The high ATR as a percentage value for GOOS suggests high volalility. |
| Average Directional Index/ADX (14) | 17.91 | NEGATIVE | The low ADX value for GOOS suggests a weak or negative trend. |
GOOS Technicals: Chart, Performance Metrics, Trend & Indicators
11.8
+0.08 (+0.68%)
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 1 / 10 to GOOS.
What is the trend direction for 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 44.2495. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CANADA GOOSE HOLDINGS INC?
The short term momentum for CANADA GOOSE HOLDINGS INC (GOOS) is negative.
Can you provide the support and resistance levels for CANADA GOOSE HOLDINGS INC?
CANADA GOOSE HOLDINGS INC (GOOS) has a support level at 11.57 and a resistance level at 12.05. Check the full technical report for our detailed analysis of GOOS support and resistance levels.