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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.

Showing technical analysis as on 2024-10-25 View latest technical analysis

10 day averaged volume of Golden Ocean is 1335550

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	10.85	10.92	10.98	10.82	0.954 times
24 Thu Oct 2024	10.71	10.73	10.76	10.64	1.118 times
23 Wed Oct 2024	10.70	10.78	10.78	10.61	1.558 times
22 Tue Oct 2024	10.92	10.92	11.07	10.87	0.681 times
21 Mon Oct 2024	10.99	11.20	11.21	10.97	0.768 times
18 Fri Oct 2024	11.28	11.38	11.39	11.25	0.498 times
17 Thu Oct 2024	11.33	11.10	11.35	11.03	0.792 times
16 Wed Oct 2024	11.28	11.30	11.42	11.23	1.434 times
15 Tue Oct 2024	11.38	11.42	11.52	11.33	1.059 times
14 Mon Oct 2024	11.75	11.78	11.86	11.70	1.409 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 11.1, but if it comes above 11.1, then a intra day buy could be more profitable.
If you take a sell trade below 11.1, then use 11.1 as stoploss and 10 as target. However if you take a buy trade in stock , then use 11.1 as stoploss and 11.96 as target.

Share price targets for Golden Ocean (GOGL)

Target Type	Value
Downside Target	10.61
Upside Target	11.86
Upside Target	12.11
Upside Target	12.56
Upside Target	12.88
Upside Target	13.09
Upside Target	13.27
Upside Target	13.30
Upside Target	13.44
Upside Target	14.19
Upside Target	14.29

Intraday share price targets for Golden Ocean (GOGL)

Target Type	Value
Downside Intraday Target	10.57
Downside Intraday Target	10.29
Upside Intraday Target	11.17
Upside Intraday Target	11.49
Upside Intraday Target	10.89

Weekly technical analysis of Golden Ocean (GOGL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	10.85	11.20	11.21	10.61	0.978 times
18 Fri Oct 2024	11.28	11.78	11.86	11.03	1.5 times
11 Fri Oct 2024	12.29	13.01	13.09	12.16	0.742 times
04 Fri Oct 2024	12.98	13.43	13.44	12.88	0.903 times
27 Fri Sep 2024	13.17	12.14	13.30	12.11	1.291 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
25 Fri Oct 2024	10.85	12.95	13.27	10.61	0.774 times
30 Mon Sep 2024	13.38	11.91	13.44	10.86	0.858 times
30 Fri Aug 2024	12.30	12.42	12.68	10.72	1.246 times
31 Wed Jul 2024	12.42	14.11	14.29	12.19	0.963 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Golden Ocean stock for short term is SELL. Signal strength is Strong and stock is losing 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 11.12 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.