(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.
Showing technical analysis as on 2024-06-05 View latest technical analysis
10 day averaged volume of Golden Ocean is 2329753
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 14.15 | 14.00 | 14.15 | 13.91 | 0.547 times |
| 04 Tue Jun 2024 | 13.85 | 13.93 | 14.03 | 13.81 | 0.771 times |
| 03 Mon Jun 2024 | 14.04 | 14.15 | 14.19 | 14.01 | 0.806 times |
| 31 Fri May 2024 | 14.39 | 14.47 | 14.53 | 14.10 | 0.694 times |
| 30 Thu May 2024 | 14.42 | 14.47 | 14.52 | 14.30 | 0.472 times |
| 29 Wed May 2024 | 14.42 | 14.49 | 14.64 | 14.33 | 0.685 times |
| 28 Tue May 2024 | 14.68 | 14.77 | 14.82 | 14.52 | 0.758 times |
| 23 Thu May 2024 | 14.04 | 14.38 | 14.38 | 13.93 | 1.15 times |
| 22 Wed May 2024 | 14.15 | 14.54 | 14.62 | 13.82 | 3.171 times |
| 21 Tue May 2024 | 15.77 | 15.49 | 15.77 | 15.48 | 1.015 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 14.2, but if it comes above 14.2, then a intra day buy could be more profitable.
If you take a sell trade below 14.2, then use 14.2 as stoploss and 13.6 as target. However if you take a buy trade in stock , then use 14.2 as stoploss and 14.68 as target.
Share price targets for Golden Ocean (GOGL)
| Target Type | Value |
| Downside Target | 10.31 |
| Downside Target | 12.27 |
| Downside Target | 12.55 |
| Downside Target | 13.14 |
| Downside Target | 13.81 |
| Upside Target | 14.19 |
| Upside Target | 14.60 |
| Upside Target | 14.82 |
| Upside Target | 15.11 |
| Upside Target | 15.33 |
| Upside Target | 15.77 |
Intraday share price targets for Golden Ocean (GOGL)
| Target Type | Value |
| Downside Intraday Target | 13.91 |
| Downside Intraday Target | 13.67 |
| Upside Intraday Target | 14.29 |
| Upside Intraday Target | 14.43 |
| Downside Intraday Target | 14.05 |
Weekly technical analysis of Golden Ocean (GOGL)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 14.15 | 14.15 | 14.19 | 13.81 | 0.814 times |
| 31 Fri May 2024 | 14.39 | 14.77 | 14.82 | 14.10 | 0.449 times |
| 23 Thu May 2024 | 14.04 | 15.23 | 15.77 | 13.82 | 2.039 times |
| 17 Fri May 2024 | 15.27 | 15.05 | 15.33 | 14.60 | 0.665 times |
| 10 Fri May 2024 | 14.98 | 14.05 | 15.11 | 13.98 | 1.359 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 |
| 05 Wed Jun 2024 | 14.15 | 14.15 | 14.19 | 13.81 | 0.122 times |
| 31 Fri May 2024 | 14.39 | 14.03 | 15.77 | 13.82 | 1.344 times |
| 30 Tue Apr 2024 | 14.09 | 13.00 | 14.17 | 12.55 | 0.715 times |
| 28 Thu Mar 2024 | 12.96 | 13.16 | 13.95 | 12.27 | 1.232 times |
Scroll below to view daily charts
Price has moved down 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)
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 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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Golden Ocean stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Golden Ocean in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Golden Ocean in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 14.36 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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 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 to mid 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 mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Golden Ocean stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Golden Ocean in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Golden Ocean in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 14.36 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.