CANADA GOOSE HOLDINGS INC (GOOS) Stock Technical Analysis
NYSE:GOOS - New York Stock Exchange, Inc. - CA1350861060 - Common Stock - Currency: USD
Taking everything into account, GOOS scores 2 out of 10 in our technical rating. In the last year, GOOS was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
GOOS is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
GOOS is part of the Textiles, Apparel & Luxury Goods industry. There are 50 other stocks in this industry. GOOS outperforms 81% of them.
GOOS has an average volume of 1188650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that GOOS is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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.
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
10.83
14.60
We found 2 important support areas.
- A support zone ranging from 11.18 to 11.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.45 to 11.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.46 from a horizontal 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 | NEUTRAL | NEUTRAL | The long term trend for GOOS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOOS is down. |
| ChartMill Relative Strength | 78.24 | POSITIVE | GOOS has a high relative strength, it outperformed 78.24% off all stocks 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 | POSITIVE | The current price of GOOS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.96 | NEUTRAL | The RSI value for GOOS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests GOOS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.95 | OVERSOLD | The low Stochastics value suggests GOOS may be oversold. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for GOOS suggests high volalility. |
| Average Directional Index/ADX (14) | 35.95 | 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)
11.44
+0.37 (+3.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg3.34%
1 Week0.88%
2 Weeks-12.34%
1 Month-17.52%
3 Month25.58%
6 Month13.38%
12 Month6.32%
2 Year-27.27%
3 Year-36.48%
5 Year-53.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%5.24%
ATR Inc-36.33%
Range Today0.5
ADR(20)0.57
ADR(20)%4.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.24
Mansfield0.04
10 Day High13.1
10 Day Low10.89
20 Day High15.43
20 Day Low10.89
52 Week High15.43
52 Week Low6.73
CS1 End11.2
CR1 Start11.45
Volume & EV
DER(3)1.88%
DER(5)1.67%
Volume1.26M
Volume Incr-25.51%
Vol(5)1.16M
Vol(50)1.19M