Is Golden Ocean Group Ltd. technically bullish or bearish?
As of July 7, 2025, Golden Ocean Group Ltd. shows a mildly bearish trend with mixed technical indicators, underperforming the S&P 500 year-to-date by -10.94% and over the past year by -34.96%.
As of 7 July 2025, the technical trend for Golden Ocean Group Ltd. has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish. The Bollinger Bands indicate a mildly bullish stance on the weekly timeframe but bearish on the monthly. Daily moving averages are bearish, and the KST shows a bullish signal weekly but bearish monthly. The Dow Theory reflects a bearish trend on the weekly and no trend on the monthly. The OBV is mildly bullish on the monthly but shows no trend weekly. In terms of performance, the stock has underperformed against the S&P 500 across multiple periods, with a year-to-date return of -10.94% compared to the S&P 500's 12.22%, and a one-year return of -34.96% versus 17.14% for the benchmark. Overall, the current technical stance is mildly bearish, driven by mixed signals across different indicators.
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