Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Golden Ocean Group Limited (NASDAQ:GOGL)

Countertrend Down (-85) - GOGL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

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

NASDAQ_GOGL
Open High Low GOGL Price Change
9.040 9.045 8.920 8.985 -0.025
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 up The short-term trend has been UP since Dec 24th, 2024 at 9.01

Smart Scan Analysis for GOGL

Based on our trend formula, GOGL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for GOGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
9.040 9.045 8.920 8.985 -0.025
Prev. Close Volume Bid Ask Time
9.010 202236 2024-12-26 11:14:01
Year High10.05Year High Date2018-10-02
Year Low6.24Year Low Date2018-11-20
52wk High15.7752wk High Date2024-05-21
52wk Low8.5252wk Low Date2024-12-20
Average Volume1,986,365Shares Outstanding143,328
Market Cap928MAssets344,579,700M
Liabilities151,907,900MP/E Ratio8.4206
Volatility53.53
Get a free daily analysis and signals for Golden Ocean Group Limited (GOGL) - Request Your Free Report.