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(GOGL) Golden Ocean complete technical analysis [charts+indicators] | Buy/Sell Golden Ocean | (GOGL) share price targets

Complete technical analysis of Golden Ocean (GOGL) by charts plus indicators, forecast predictions and share price targets for Golden Ocean (GOGL)

Golden Ocean trades in USA in Consumer Services sector.

10 day averaged volume of Golden Ocean is 1462590

Date Daily Closing Price Open High Low Volume
22 Fri Nov 2024 11.14 11.00 11.16 10.97 1.09 times
21 Thu Nov 2024 11.19 11.18 11.25 11.01 1.185 times
20 Wed Nov 2024 11.83 11.96 12.03 11.72 0.89 times
19 Tue Nov 2024 11.93 11.90 11.99 11.64 1.224 times
18 Mon Nov 2024 12.25 12.09 12.28 12.03 1.087 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 10.9 as stoploss in an intra day buy trade for a target of 11.43. However, stock will show a bearish move below 10.9.

Share price targets for Golden Ocean (GOGL)

Target Type Value
Downside Target 10.61
Upside Target 11.59
Upside Target 11.87
Upside Target 12.18
Upside Target 12.19
Upside Target 12.28
Upside Target 12.68
Upside Target 13.27
Upside Target 13.44
Upside Target 14.29

Intraday share price targets for Golden Ocean (GOGL)

Target Type Value
Downside Intraday Target 10.65
Downside Intraday Target 10.15
Upside Intraday Target 11.96
Upside Intraday Target 12.77
Upside Intraday Target 11.46

Weekly technical analysis of Golden Ocean (GOGL)

Date Weekly Closing Price Open High Low Volume
22 Fri Nov 2024 11.14 12.09 12.28 10.97 1.21 times
15 Fri Nov 2024 12.05 11.95 12.18 11.59 0.906 times
08 Fri Nov 2024 11.82 10.82 11.87 10.80 1.094 times
01 Fri Nov 2024 10.76 10.74 11.00 10.61 0.984 times
25 Fri Oct 2024 10.85 11.20 11.21 10.61 0.978 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Golden Ocean (GOGL)

Date Monthly Closing Price Open High Low Volume
22 Fri Nov 2024 11.14 10.74 12.28 10.71 0.774 times
31 Thu Oct 2024 10.72 12.95 13.27 10.61 0.971 times
30 Mon Sep 2024 13.38 11.91 13.44 10.86 0.909 times
30 Fri Aug 2024 12.30 12.42 12.68 10.72 1.286 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Golden Ocean (GOGL)

Indicator Name Indicator Value Indicator Signal
ADX 24, 38, 24 Sell
MACD -0, -0Sell
Stochastics 21Sell
CCI -165Sell
RSI 45Sell
OBV 6432000Sell
VWAP 12Sell
ADL 0Sell
ROC -6Sell
Force Index 0Sell

Price action analysis of Golden Ocean ( (GOGL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Golden Ocean ( (GOGL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Golden Ocean ( (GOGL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Golden Ocean ( (GOGL) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Golden Ocean stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Golden Ocean in short term and the sell signal is strong.

Golden Ocean Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Golden Ocean in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Golden Ocean is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.77 and Golden Ocean (GOGL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Golden Ocean (GOGL) stock. Volume based technical analysis of Golden Ocean (GOGL) stock is negative.

Golden Ocean Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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