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Stock Trend Analysis Report

Prepared for you on Tuesday, December 3, 2024.

Golden Ocean Group Limited (NASDAQ:GOGL)

Long-Term Downtrend (-90) - GOGL is in a strong downtrend that is likely to continue. While GOGL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

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NASDAQ_GOGL
Open High Low GOGL Price Change
9.9100 9.9594 9.8300 9.9250 +0.0950
Entry Signal

MarketClub’s Trade Triangles for GOGL

long term down The long-term trend has been DOWN since Jul 25th, 2024 at 12.55

intermediate term down The intermediate-term trend has been DOWN since Nov 27th, 2024 at 10.80

short term down The short-term trend has been DOWN since Nov 19th, 2024 at 11.86

Smart Scan Analysis for GOGL

Based on our trend formula, GOGL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for GOGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.9100 9.9594 9.8300 9.9250 +0.0950
Prev. Close Volume Bid Ask Time
9.8300 1168088 2024-12-03 15:59:26
Year High10.05Year High Date2018-10-02
Year Low6.24Year Low Date2018-11-20
52wk High15.7752wk High Date2024-05-21
52wk Low8.4252wk Low Date2023-12-13
Average Volume1,675,949Shares Outstanding143,328
Market Cap928MAssets344,579,700M
Liabilities151,907,900MP/E Ratio9.1869
Volatility53.53
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