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GOGL Stock Tickeron detected bearish Stock Pattern: Broadening Wedge Ascending GOGL on August 13, 2025, netting in a 7.08% gain over 1 week

A.I.dvisor
at Tickeron.com
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+7.08% Gain from a Successful pattern Broadening Wedge Ascending
GOGL - Golden Ocean Group Limited
Tickeron
Ticker: GOGL
Company: Golden Ocean Group
Gain from shorting: +7.08%
Confirmed: 08/13/25
Succeeded: 08/13/25
Total length: 8 days
On August 05, 2025, A.I.dvisor detected a Broadening Wedge Ascending Pattern (Bearish) for Golden Ocean Group Limited (GOGL, $8.90). 8 days later, on August 13, 2025, A.I.dvisor confirmed the Bearish pattern, setting a target price of the stock. On August 13, 2025, the stock hit the target price of $8.12 – resulting in a gain for traders who shorted the stock on the pattern detection date.

GOGL in downward trend: price dove below 50-day moving average on August 14, 2025

GOGL moved below its 50-day moving average on August 14, 2025 date and that indicates a change from an upward trend to a downward trend. In of 35 similar past instances, the stock price decreased further within the following month. The odds of a continued downward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for GOGL moved out of overbought territory on August 07, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 46 similar instances where the indicator moved out of overbought territory. In of the 46 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on August 14, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on GOGL as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for GOGL turned negative on August 11, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 44 similar instances when the indicator turned negative. In of the 44 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOGL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOGL advanced for three days, in of 330 cases, the price rose further within the following month. The odds of a continued upward trend are .

GOGL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 300 cases where GOGL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.874) is normal, around the industry mean (5.785). P/E Ratio (14.035) is within average values for comparable stocks, (25.010). GOGL's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (0.938). Dividend Yield (0.100) settles around the average of (0.163) among similar stocks. P/S Ratio (1.851) is also within normal values, averaging (1.923).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 68, placing this stock slightly better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. GOGL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

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GOGL
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A.I.Advisor
published price charts
These past five trading days, the stock lost 0.00% with an average daily volume of 0 shares traded.The stock tracked a drawdown of 0% for this period. GOGL showed earnings on May 21, 2025. You can read more about the earnings report here.
A.I. Advisor
published General Information

General Information

a provider of dry bulk shipping services

Industry MarineShipping

Profile
Fundamentals
Details
Industry
Marine Shipping
Address
14 Par-la-Ville Road
Phone
+1 441 295-6935
Employees
38
Web
https://www.goldenocean.bm