RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GOOS
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Canada Goose Holdings Inc. Subordinate stock price up 3.43% on Thursday
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Gain 3.43% PDF

The Canada Goose Holdings Inc. Subordinate stock price gained 3.43% on the last trading day (Thursday, 28th Mar 2024), rising from $11.66 to $12.06. During the last trading day the stock fluctuated 3.19% from a day low at $11.74 to a day high of $12.12. The price has been going up and down for this period, and there has been a -4.13% loss for the last 2 weeks. Volume fell on the last day by -1 million shares and in total, 762 thousand shares were bought and sold for approximately $9.20 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.56% during the next 3 months and, with a 90% probability hold a price between $12.11 and $15.82 at the end of this 3-month period.

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GOOS Signals & Forecast

There are mixed signals in the stock today. The Canada Goose Holdings Inc. Subordinate stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $12.84. On a fall, the stock will find some support from the short-term average at $11.93. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 8.45%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Canada Goose Holdings Inc. Subordinate stock

Canada Goose Holdings Inc. Subordinate finds support from accumulated volume at $11.99 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.375 between high and low, or 3.19%. For the last week, the stock has had daily average volatility of 5.03%.

Our recommended stop-loss: $11.61 (-3.72%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 2 days ago.)

Trading Expectations (GOOS) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Canada Goose Holdings Inc. Subordinate to open at $11.97, and during the day (based on 14 day Average True Range), to move between $11.54 and $12.58, which gives a possible trading interval of +/-$0.520 (+/-4.31%) up or down from last closing price. If Canada Goose Holdings Inc. Subordinate takes out the full calculated possible swing range there will be an estimated 8.63% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $12.08 (0.17%) than the support at $11.99 (0.58%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Canada Goose Holdings Inc. Subordinate stock A Buy?

Canada Goose Holdings Inc. Subordinate holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.219 Hold/Accumulate Unchanged

Predicted Opening Price for Canada Goose Holdings Inc. Subordinate of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$11.97 ( 0.732%) $12.06

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for GOOS

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 12.35 2.38 %
R2 12.20 1.19 %
R1 12.11 0.455 %
Current price: 12.06
Support S1 11.83 -1.92 %
S2 11.74 -2.65 %
S3 11.60 -3.84 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 13.01 7.88 %
R2 12.45 3.23 %
R1 12.08 0.166 %
Current price 12.06
Support S1 11.99 -0.580%
S2 11.80 -2.16%
S3 11.71 -2.90%

FAQ

What is the symbol for Canada Goose Holdings Inc. Subordinate Stock and on which exchange is it traded?
The symbol for Canada Goose Holdings Inc. Subordinate is GOOS and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Canada Goose Holdings Inc. Subordinate Stock?
Canada Goose Holdings Inc. Subordinate holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Canada Goose Holdings Inc. Subordinate Stock?
Canada Goose Holdings Inc. Subordinate Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Canada Goose Holdings Inc. Subordinate Stock.

What's the current price of Canada Goose Holdings Inc. Subordinate Stock?
As of the end of day on the 2024-03-28, the price of an Canada Goose Holdings Inc. Subordinate (GOOS) share was $12.06.

What is the 52-week high and low for Canada Goose Holdings Inc. Subordinate Stock?
The 52-week high for Canada Goose Holdings Inc. Subordinate Stock is $22.62 and the 52-week low is $9.80.

What is the market capitalization of Canada Goose Holdings Inc. Subordinate Stock?
As of the 2024-03-28, the market capitalization of Canada Goose Holdings Inc. Subordinate is 1.169B.

When is the next earnings date for Canada Goose Holdings Inc. Subordinate?
The upcoming earnings date for Canada Goose Holdings Inc. Subordinate is May 16, 2024.
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About Canada Goose Holdings Inc. Subordinate

Canada Goose Holdings. Subordinate Canada Goose Holdings Inc. designs, manufactures, and sells performance luxury apparel for men, women, youth, children, and babies in Canada, the United States, Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates through three segments: Direct-to-Consumer, Wholesale, and Other. It offers parkas, lightweight down jackets, rainwear, windwear, knitwear, footwear, and accessories for fall, winter, and spring seasons... GOOS Profile

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