GOGL NEWS why is Golden Ocean Group Limited price falling or rising

GOGL NEWS reasons for why stock price of Golden Ocean Group Limited is falling or rising

GOGL Golden Ocean is falling or rising technical reasons

Technical analysis forecast for Golden Ocean Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Golden Ocean GOGL at this time. Stock is falling and might fall more.

It appears as if Golden Ocean GOGL gave a large move recently.

Stock of Golden Ocean (GOGL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Golden Ocean is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 11 as stoploss in an intra day buy trade for a target of 11.53. However, stock will show a bearish move below 11.

GOGL Golden Ocean is falling or rising NEWS fundamental reasons

More announcements and NEWS

GOGL Golden Ocean Group Limited current price & indicator signals

Moving Averages for Golden Ocean Group Limited

  • 5Day Average: 11.43
  • 12Day Average: 11.73
  • 20Day Average: 11.45
  • 50Day Average: 11.84
  • 100Day Average: 12.03
  • 150Day Average: 12.71
  • 200Day Average: 12.76

GOGL Indicators & signals

Indicator MACD (12,26,9)

11.52, 11.54, 0.02
Indicator MACD is in negative zone

Indicator ADX (14)

10, 28.13, 34.38
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 46
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of GOGL Golden Ocean Group Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
25 Mon Nov 2024 11.08 11.03 to 11.21 -0.54% 0.88 times
22 Fri Nov 2024 11.14 10.97 to 11.16 -0.45% 1.09 times
21 Thu Nov 2024 11.19 11.01 to 11.25 -5.41% 1.19 times
20 Wed Nov 2024 11.83 11.72 to 12.03 -0.84% 0.89 times
19 Tue Nov 2024 11.93 11.64 to 11.99 -2.61% 1.22 times
18 Mon Nov 2024 12.25 12.03 to 12.28 1.66% 1.09 times
15 Fri Nov 2024 12.05 12.02 to 12.18 0.67% 0.84 times
14 Thu Nov 2024 11.97 11.86 to 12.05 2.31% 0.59 times
13 Wed Nov 2024 11.70 11.59 to 11.79 -0.93% 0.95 times
12 Tue Nov 2024 11.81 11.76 to 12.01 -1.5% 1.02 times
11 Mon Nov 2024 11.99 11.86 to 12.00 1.44% 1.13 times
08 Fri Nov 2024 11.82 11.66 to 11.87 0.34% 0.79 times

Videos related to: GOGL NEWS why is Golden Ocean Group Limited price falling or rising

Videos related to: GOGL NEWS why is Golden Ocean Group Limited price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

GOGL NEWS why is Golden Ocean Group Limited price falling or rising

 

Back to top