Technical Analysis for GOGL - Golden Ocean Group Limited

Grade Last Price % Change Price Change
D 11.83 -0.84% -0.10
GOGL closed down 0.84 percent on Wednesday, November 20, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: Nov 29
*** please verify all earnings dates ***
3 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Overbought Stochastic Strength 0.00%
Stochastic Sell Signal Bearish -0.84%
50 DMA Support Bullish -0.84%
Overbought Stochastic Strength -0.84%
Gapped Down Weakness -0.84%
180 Bullish Setup Bullish Swing Setup -3.43%
Pocket Pivot Bullish Swing Setup -3.43%
Overbought Stochastic Strength -3.43%
Up 3 Days in a Row Strength -3.43%

   Recent Intraday Alerts

Alert Time
Down 1% about 20 hours ago
Fell Below 50 DMA about 20 hours ago
50 DMA Support about 21 hours ago
60 Minute Opening Range Breakdown about 21 hours ago
Fell Below 10 DMA about 21 hours ago

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Profile

Golden Ocean Group Limited, together with its subsidiaries, operates as a dry bulk shipping company. The company primarily owns and operates ships. It is also involved in the charter, purchase, and sale of vessels. The company operates a fleet of owned and leased Panamax and Capesize drybulk vessels, as well as Supramax vessels under the newbuilding contracts. As of December 31, 2013, it owned or controlled 22 vessels and had 8 vessels under construction. Golden Ocean Group Limited was founded in 2004 and is based in Hamilton, Bermuda. Golden Ocean Group Limited is a subsidiary of Frontline Ltd.
Classification

Sector: Industrials
Industry: Shipping & Ports
Keywords: Maritime Transport Shipping Panamax Shipping Companies Handymax Capesize Dryships Golden Ocean Group

Is GOGL a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.0092
52 Week Low 7.835
Average Volume 1,317,283
200-Day Moving Average 12.30
50-Day Moving Average 11.87
20-Day Moving Average 11.39
10-Day Moving Average 11.91
Average True Range 0.30
RSI (14) 53.70
ADX 18.49
+DI 31.65
-DI 29.50
Chandelier Exit (Long, 3 ATRs) 11.38
Chandelier Exit (Short, 3 ATRs) 11.51
Upper Bollinger Bands 12.51
Lower Bollinger Band 10.27
Percent B (%b) 0.7
BandWidth 19.68
MACD Line 0.11
MACD Signal Line 0.01
MACD Histogram 0.104
Fundamentals Value
Market Cap 2.36 Billion
Num Shares 200 Million
EPS 0.61
Price-to-Earnings (P/E) Ratio 19.39
Price-to-Sales 2.55
Price-to-Book 1.18
PEG Ratio 131.35
Dividend 0.50
Dividend Yield 4.23%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.30
Resistance 3 (R3) 12.31 12.17 12.22
Resistance 2 (R2) 12.17 12.05 12.16 12.19
Resistance 1 (R1) 12.00 11.98 11.93 11.99 12.17
Pivot Point 11.86 11.86 11.83 11.85 11.86
Support 1 (S1) 11.69 11.74 11.62 11.68 11.49
Support 2 (S2) 11.55 11.67 11.54 11.47
Support 3 (S3) 11.38 11.55 11.44
Support 4 (S4) 11.37