GOEV
Canoo Inc. Consumer Discretionary - Electric Vehicles Investor Relations →
Canoo Inc. (GOEV) closed at $0.37 as of 2026-02-02, trading 99.9% below its 200-week moving average of $313.91. This places GOEV in the extreme value zone. The stock moved further from the line this week, up from -99.9% last week. With a 14-week RSI of 0, GOEV is in oversold territory.
Over the past 219 weeks of data, GOEV has crossed below its 200-week moving average 1 time. On average, these episodes lasted 219 weeks.
With a market cap of $5 million, GOEV is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at -72.7%. The stock trades at 0.1x book value.
Share count has increased 262.4% over three years, indicating dilution.
Over the past 4.3 years, a hypothetical investment of $100 in GOEV would have grown to $0, compared to $161 for the S&P 500. GOEV has returned -88.7% annualized vs 11.6% for the index, underperforming the broader market over this period.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Growth of $100: GOEV vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GOEV Crosses Below the Line?
Across 1 historical episodes, buying GOEV when it crossed below its 200-week moving average produced an average return of -86.0% after 12 months (median -86.0%), compared to -9.0% for the S&P 500 over the same periods. After 24 months, the average return was -97.0% vs +3.0% for the index.
Each line shows $100 invested at the moment GOEV crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
GOEV has crossed below its 200-week MA 1 time
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2021 | Ongoing | 219+ | 100.0% | Ongoing | -100.0% |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02