Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Tuesday, December 5, 2023.

Golden Ocean Group Limited (NASDAQ:GOGL)

Bull Market Weakness (+75) - GOGL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GOGL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid GOGL?

MarketClub looks at technical strength and momentum to determine if the timing is right for GOGL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low GOGL Price Change
8.900 8.915 8.740 8.845 -0.565
Entry Signal

MarketClub’s Trade Triangles for GOGL

long term up The long-term trend has been UP since Oct 2nd, 2023 at 8.045

intermediate term up The intermediate-term trend has been UP since Nov 20th, 2023 at 7.755

short term down The short-term trend has been DOWN since Dec 5th, 2023 at 9.120

Smart Scan Analysis for GOGL

Based on our trend formula, GOGL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for GOGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.900 8.915 8.740 8.845 -0.565
Prev. Close Volume Bid Ask Time
9.410 2193814 2023-12-05 15:59:58
Year High10.05Year High Date2018-10-02
Year Low6.24Year Low Date2018-11-20
52wk High10.5852wk High Date2023-03-01
52wk Low6.8952wk Low Date2023-08-28
Average Volume1,645,799Shares Outstanding143,328
Market Cap928MAssets325,729,100M
Liabilities134,025,800MP/E Ratio4.1092
Get a free daily analysis and signals for Golden Ocean Group Limited (GOGL) - Request Your Free Report.