MICROALGO INC (MLGO) Technical Analysis
NASDAQ:MLGO • KYG6077Y4005
Current stock price
MLGO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to MLGO. In the past year, MLGO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- When comparing the yearly performance of all stocks, MLGO is a bad performer in the overall market: 97% of all stocks are doing better.
- MLGO is part of the IT Services industry. There are 89 other stocks in this industry, of which 79% are performing better than MLGO.
- MLGO is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MLGO has a been trading in the 3.29 - 4.41 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Considerably lower volume is observed in the last couple of days.
MLGO Weekly and Daily overview Charts
MLGO Setup Rating and Analysis
MLGO has only a medium technical rating, but it does show a decent setup pattern. 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 4.19. Right above this resistance zone may be a good entry point.
More info and screens
MLGO Support and Resistance Analysis
3.80
When analyzing the support we notice one important area.
- A support zone ranging from 3.84 to 3.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.19 to 4.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MLGO 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 | DOWN | NEGATIVE | The long term trend for MLGO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLGO is up. |
| ChartMill Relative Strength | 3.97 | NEGATIVE | MLGO has a low relative strength, it was outperformed by 96.03% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLGO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.85 | NEUTRAL | The RSI value for MLGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MLGO has a positive trend. |
| Stochastics (14,3) | 65.54 | NEUTRAL | The Stochastics value for MLGO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.17 | HIGH VOLATILITY | The high ATR as a percentage value for MLGO suggests high volalility. |
| Average Directional Index/ADX (14) | 22 | NEUTRAL | The ADX value for MLGO suggests a possible start of a new trend. |
MLGO Chart- and CandleStick Pattern Analysis
MLGO Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:MLGO (5/1/2026, 8:00:01 PM)
4.13
+0.02 (+0.49%)
MICROALGO INC / MLGO TA FAQ
Can you provide the ChartMill technical rating for MICROALGO INC?
ChartMill assigns a technical rating of 4 / 10 to MLGO.
What is the trend direction for MLGO stock?
The current trend direction for MICROALGO INC (MLGO) is Bearish.
What is the RSI signal for MICROALGO INC (MLGO) stock?
MICROALGO INC (MLGO) has an RSI value of 56.8459. This indicates that the stock is currently neutral.
What is the MACD signal for MLGO stock?
The MACD indicator for MICROALGO INC (MLGO) has a value of 0.0261769, indicating a bearish trend.
What is the short term momentum for MICROALGO INC (MLGO) stock?
The short term momentum for MICROALGO INC (MLGO) is positive.