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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 2024-08-26 View latest technical analysis

10 day averaged volume of Golden Ocean is 1029390

Date	Daily Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	12.45	12.37	12.49	12.36	1.277 times
23 Fri Aug 2024	12.24	12.10	12.32	12.05	1.065 times
22 Thu Aug 2024	12.14	12.21	12.32	12.13	0.723 times
21 Wed Aug 2024	12.27	12.39	12.45	12.24	1.115 times
20 Tue Aug 2024	12.17	12.13	12.20	12.04	0.689 times
19 Mon Aug 2024	12.16	12.14	12.27	12.12	0.581 times
16 Fri Aug 2024	12.04	12.07	12.10	11.99	0.639 times
15 Thu Aug 2024	12.06	11.92	12.14	11.90	1.342 times
14 Wed Aug 2024	12.05	12.24	12.31	11.98	1.887 times
13 Tue Aug 2024	12.01	12.01	12.10	11.89	1.071 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.3, but if it comes below 12.3, then a intra day sell could be more profitable.
If you take a sell trade below 12.3, then use 12.3 as stoploss and 11.97 as target. However if you take a buy trade in stock , then use 12.3 as stoploss and 12.7 as target.

Share price targets for Golden Ocean (GOGL)

Target Type	Value
Downside Target	10.72
Downside Target	11.46
Downside Target	11.74
Upside Target	12.55
Upside Target	12.56
Upside Target	12.73
Upside Target	13.82
Upside Target	14.17
Upside Target	14.19
Upside Target	14.29
Upside Target	15.77

Intraday share price targets for Golden Ocean (GOGL)

Target Type	Value
Downside Intraday Target	12.38
Downside Intraday Target	12.3
Upside Intraday Target	12.51
Upside Intraday Target	12.56
Downside Intraday Target	12.43

Weekly technical analysis of Golden Ocean (GOGL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Mon Aug 2024	12.45	12.37	12.49	12.36	0.306 times
23 Fri Aug 2024	12.24	12.14	12.45	12.04	0.716 times
16 Fri Aug 2024	12.04	11.80	12.31	11.74	0.743 times
09 Fri Aug 2024	11.67	10.87	11.92	10.72	1.264 times
02 Fri Aug 2024	11.52	12.66	12.73	11.46	1.103 times

Price has moved up 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
26 Mon Aug 2024	12.45	12.42	12.49	10.72	0.799 times
31 Wed Jul 2024	12.42	14.11	14.29	12.19	0.963 times
28 Fri Jun 2024	13.80	14.15	14.19	12.56	0.724 times
31 Fri May 2024	14.39	14.03	15.77	13.82	1.344 times

Scroll below to view daily charts

Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Golden Ocean ( (GOGL) ) based on a short 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.

Price action analysis of Golden Ocean ( (GOGL) ) based on a short to mid 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.

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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Golden Ocean in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Golden Ocean Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Golden Ocean in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 12.16 and Golden Ocean (GOGL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.