GOGO INC (GOGO)

US38046C1099 - Common Stock

8.28  +0.54 (+6.98%)

After market: 8.28 0 (0%)

Technical Rating and Analysis

5

Taking everything into account, GOGO scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. GOGO was also a bad performer in the overall market in the last year.

78% of all other stocks performed better in the past year than GOGO.
GOGO is part of the Wireless Telecommunication Services industry. There are 22 other stocks in this industry, of which 61% are performing better than GOGO.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
GOGO has an average volume of 1421380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GOGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GOGO is lagging the market.
In the last month GOGO has a been trading in the 6.45 - 9.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GOGO Weekly chart
GOGO Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, GOGO does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 8.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.16, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

6.67

8.63

We found 4 important support areas.

  • Support @8.16 from a horizontal line in the daily time frame.
  • A support zone ranging from 7.90 to 7.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 7.53 to 7.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.74 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 8.29 to 8.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.35
Mansfield-1.63
10 Day High8.4
10 Day Low7.33
20 Day High9.02
20 Day Low6.45
52 Week High11.17
52 Week Low6.17
Performance
1 Week3.37%
2 Weeks4.41%
1 Month15.97%
3 Month7.39%
6 Month-20.69%
12 Month-19.77%
2 Year-47.23%
3 Year-35.41%
5 Year63.64%
10 Year-47.66%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)60.68
LBB7.02
UBB8.77
GOGO Daily chart

GOGO INC

NASDAQ:GOGO (11/21/2024, 5:20:01 PM)

After market: 8.28 0 (0%)

8.28

+0.54 (+6.98%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryWireless Telecommunication Services
Performance
% Chg6.98%
1 Week3.37%
2 Weeks4.41%
1 Month15.97%
3 Month7.39%
6 Month-20.69%
12 Month-19.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.58
ATR(20)%5.75%
ATR Inc
Range Today0.75
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.4
10 Day Low7.33
20 Day High9.02
20 Day Low6.45
52 Week High11.17
52 Week Low6.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume978.44K
Volume Incr-31.17%
Vol(5)1.17M
Vol(50)1.42M