MONEYLION INC (ML) Technical Analysis
NYSE:ML • US60938K3041
Current stock price
ML Technical Rating and Analysis
Overall ML gets a technical rating of 4 out of 10. In the last year, ML was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- 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!
- ML is one of the better performing stocks in the Consumer Finance industry, it outperforms 92% of 54 stocks in the same industry.
- ML 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 ML is performing more or less in line with the market.
- When comparing the yearly performance of all stocks, we notice that ML is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month ML has a been trading in the 83.40 - 88.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ML Weekly and Daily overview Charts
ML Setup Rating and Analysis
Although the technical rating is only medium, ML does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 86.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 85.75, a Stop Loss order could be placed below this zone.
More info and screens
ML Support and Resistance Analysis
51.55
We found 2 important support areas.
- A support zone ranging from 85.01 to 85.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @52.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 86.47 to 87.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ML Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ML is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ML is neutral. |
| ChartMill Relative Strength | 86.54 | POSITIVE | ML has a high relative strength, it outperformed 86.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ML is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ML is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ML is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.16 | NEUTRAL | The RSI value for ML is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests ML has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.11 | NEUTRAL | The Stochastics value for ML is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for ML suggests low volalility. |
| Average Directional Index/ADX (14) | 22.63 | NEUTRAL | The ADX value for ML suggests a possible start of a new trend. |
ML Chart- and CandleStick Pattern Analysis
ML Technicals: Chart, Performance Metrics, Trend & Indicators
85.9
+0.2 (+0.23%)
MONEYLION INC / ML TA FAQ
What is the ChartMill technical rating of MONEYLION INC (ML) stock?
ChartMill assigns a technical rating of 4 / 10 to ML.
What is the current trend direction of MONEYLION INC (ML) stock?
The current trend direction for MONEYLION INC (ML) is Bullish.
Can you provide the RSI signal for MONEYLION INC?
MONEYLION INC (ML) has an RSI value of 46.1593. This indicates that the stock is currently neutral.
What is the MACD signal for MONEYLION INC (ML) stock?
The MACD indicator for MONEYLION INC (ML) has a value of -0.0929483, indicating a bearish trend.
What is the short term momentum for MONEYLION INC (ML) stock?
The short term momentum for MONEYLION INC (ML) is neutral.