MIZUHO FINANCIAL GROUP-ADR (MFG)
US60687Y1091 - ADR
Overall MFG gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that MFG is one of the better performing stocks in the market, outperforming 85% of all stocks. On top of that, MFG also shows a nice and consistent pattern of rising prices.
MFG is part of the Banks industry. There are 411 other stocks in this industry. MFG outperforms 92% of them.
MFG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MFG is performing more or less in line with the market.
In the last month MFG has a been trading in the 3.77 - 4.06 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MFG has an average volume of 1247830 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MFG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 3.92, a Stop Loss order could be placed below this zone.
More info and screens
3.14
4.11
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.74 to 3.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.62 from a trend line in the weekly time frame.
- Support @3.17 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.07 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.81
Mansfield0.45
10 Day High4.06
10 Day Low3.79
20 Day High4.06
20 Day Low3.77
52 Week High4.32
52 Week Low2.81
Performance
1 Week2.33%
2 Weeks1.28%
1 Month-2.23%
3 Month10.34%
6 Month16.86%
12 Month35.74%
2 Year65.27%
3 Year35.74%
5 Year25.8%
10 Year1.02%
15 Year-6.18%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0
RSI(14)53.55
LBB3.8
UBB4
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.08 | 3.78 | 0.30 (7.35%) | 13.60% |
| An entry @4.08. This is a Buy Stop order right above the resistance zone. | An exit @3.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.30 points, which is 7.35%. | For a 1.00% total portfolio risk, you can invest 13.60% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MIZUHO FINANCIAL GROUP-ADR
NYSE:MFG (4/23/2024, 7:12:27 PM)
After market: 3.82 -0.13 (-3.29%)3.95
+0.03 (+0.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg0.77%
1 Week2.33%
2 Weeks1.28%
1 Month-2.23%
3 Month10.34%
6 Month16.86%
12 Month35.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%1.95%
ATR Inc
Range Today0.03
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.06
10 Day Low3.79
20 Day High4.06
20 Day Low3.77
52 Week High4.32
52 Week Low2.81
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume740.60K
Volume Incr-29.05%
Vol(5)868.30K
Vol(50)1.25M