MIDWESTONE FINANCIAL GROUP I (MOFG) Stock Technical Analysis
NASDAQ:MOFG - Nasdaq - US5985111039 - Common Stock - Currency: USD
Overall MOFG gets a technical rating of 6 out of 10. Although MOFG has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MOFG is one of the better performing stocks in the Banks industry, it outperforms 71% of 397 stocks in the same industry.
In the last month MOFG has a been trading in the 24.78 - 29.63 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MOFG did better than 85% of all other stocks. However, we also see that MOFG couldn't keep up this performance in the last couple of months.
MOFG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MOFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
21.30
33.82
We found 3 important support areas.
- A support zone ranging from 28.36 to 28.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.39 to 25.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.52 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @30.14 from a trend line in the weekly time frame.
- A resistance zone ranging from 31.60 to 32.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.79 from a horizontal line in the daily time frame.
- Resistance @33.49 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
CRS85.63
Mansfield0.36
10 Day High29.63
10 Day Low27.02
20 Day High29.63
20 Day Low24.78
52 Week High34.56
52 Week Low20.04
Performance
1 Week0.7%
2 Weeks2.02%
1 Month11.28%
3 Month-10.17%
6 Month-9.86%
12 Month32.7%
2 Year52.6%
3 Year-5.32%
5 Year50.13%
10 Year-1.2%
15 Year72.31%
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)0.18
RSI(14)56.43
LBB27.67
UBB28.97
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 |
|---|---|---|---|
| 30.15 | 28.35 | 1.80 (5.97%) | 16.75% |
| An entry @30.15. This is a Buy Stop order right above the resistance zone. | An exit @28.35. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.80 points, which is 5.97%. | For a 1.00% total portfolio risk, you can invest 16.75% 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.
28.81
-0.12 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.41%
1 Week0.7%
2 Weeks2.02%
1 Month11.28%
3 Month-10.17%
6 Month-9.86%
12 Month32.7%
2 Year52.6%
3 Year-5.32%
5 Year50.13%
10 Year-1.2%
15 Year72.31%
Volatility
ATR(14)1.18
ATR(20)%4.14%
ATR Inc-30.78%
Range Today0.59
ADR(20)1.18
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.63
Mansfield0.36
10 Day High29.63
10 Day Low27.02
20 Day High29.63
20 Day Low24.78
52 Week High34.56
52 Week Low20.04
CS1 End28.66
CR1 Start30.14
Volume & EV
DER(3)0.29%
DER(5)-0.25%
Volume57.20K
Volume Incr-39.59%
Vol(5)67.08K
Vol(50)105.04K