GLADSTONE COMMER - GOOD 6 PERP (GOODO) Stock Technical Analysis
NASDAQ:GOODO - US3765368846
Taking everything into account, GOODO scores 3 out of 10 in our technical rating. In the past year, GOODO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
GOODO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.45, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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18.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.16 to 20.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 19.20 to 19.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 18.73 to 18.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.72 to 21.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for GOODO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOODO is up. |
| ChartMill Relative Strength | 31.18 | NEUTRAL | GOODO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOODO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of GOODO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GOODO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.39 | NEUTRAL | The RSI value for GOODO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GOODO has a positive trend. |
| Stochastics (14,3) | 57.73 | NEUTRAL | The Stochastics value for GOODO is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for GOODO suggests low volalility. |
| Average Directional Index/ADX (14) | 25.97 | POSITIVE | The high ADX value value for GOODO suggests a strong trend. |
GLADSTONE COMMER - GOOD 6 PERP
NASDAQ:GOODO (8/22/2025, 8:12:34 PM)
20.58
+0.08 (+0.39%)