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GOGO - Gogo Inc
$14.78
0.28(1.93%)9:00:00 PM 1/26/2021
Gogo Inc. is a provider of in-flight broadband Internet service and other connectivity services for commercial and business aircraft, headquartered in Chicago, Illinois. 17 airlines partner with Gogo to provide in-flight WiFi, including British Airways, Aer Lingus, Iberia, Gol linhas aereas, Aeromexico, American Airlines, Air Canada, Alaska Airlines, Cathay Pacific Airways, Delta Air Lines, Japan Airlines, JTA, United Airlines, Hainan Airlines, Vietnam Airlines, Virgin Atlantic and Virgin Australia. Gogo Inc. is a holding company, operating through its two subsidiaries, Gogo LLC and Gogo Business Aviation Inc. . According to Gogo, over 2,500 commercial aircraft and 6,600 business aircraft have been equipped with its onboard Wi-Fi services. The company is also the developer of 2Ku, the new in-flight satellite-based Wi-Fi technology. Gogo began in 1991 in a barbecue restaurant in Denison, Texas, where company founder Jimmy Ray sketched his idea for an affordable telephone system for private airplanes on a paper napkin. John D. Goeken of MCI and Airfone had already invented an automated air-to-ground telephone system in the 1970s, and in 1989 founded In-Flight Phone Corporation as a competitor to GTE Airfone, serving many commercial airline passengers, but not supplying general aviation customers. Through a partnership with cellular providers, Gogo began as Aircell, providing analog-based voice communications on private aircraft in North America. By the late 1990s Gogo had leveraged a satellite-based system to offer voice communication on overseas flights. The next step was to devise a way to bring in-air connectivity to a larger market. In 2006, Gogo was awarded the U.S. Federal Communications Commission's exclusive Air-To-Ground 3 GHz broadband frequency license. In 2008, Gogo made their debut on commercial aircraft.
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Summary:

  • Although price ZSCore is at a high level but it has returned from prior high level and momentum has slowed down.
  • Volume Zscore is a recent 2 week high. A recent surge of ZScore means trading activities is accelerating at a record speed.
  • Volatility is at a recent 2 week high. A high volatility of stock movement indicates uncertainty.
  • RSI is at a high level of 77. A high level of RSI indicates the stock is overbought.
  • MACD is crossing MACD signal line at 0.4. MACD crossing signal line is bullish signal.

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

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Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

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