MIDWESTONE FINANCIAL GROUP I (MOFG) Stock Technical Analysis
USA - NASDAQ:MOFG - US5985111039 - Common Stock
29.14 USD
-0.25 (-0.85%)
29.14 USD
0 (0%)
We assign a technical rating of 3 out of 10 to MOFG. In the last year, MOFG was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
MOFG is part of the Banks industry. There are 392 other stocks in this industry, of which 64% are performing better than MOFG.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the performance of all stocks over the past year, MOFG turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
MOFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MOFG is lagging the market.
In the last month MOFG has a been trading in the 28.32 - 30.86 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.
MOFG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 29.14, a Stop Loss order could be placed below this zone.
More info and screens
27.01
31.00
2 important support areas can be observed.
- A support zone ranging from 28.76 to 29.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.28 to 27.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 29.20 to 30.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MOFG is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MOFG is neutral. |
| ChartMill Relative Strength | 48.36 | NEUTRAL | MOFG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOFG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MOFG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MOFG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.52 | NEUTRAL | The RSI value for MOFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests MOFG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.51 | NEUTRAL | The Stochastics value for MOFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for MOFG suggests some volalility. |
| Average Directional Index/ADX (14) | 20.94 | NEUTRAL | The ADX value for MOFG suggests a possible start of a new trend. |
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)
29.14
-0.25 (-0.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.85%
1 Week0.48%
2 Weeks-4.05%
1 Month-3.8%
3 Month1.22%
6 Month-1.95%
12 Month6%
2 Year43.34%
3 Year6.78%
5 Year63.07%
10 Year-0.41%
15 Year98.77%
Volatility
ATR(14)0.94
ATR(20)%2.78%
ATR Inc-29.59%
Range Today0.59
ADR(20)0.79
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.36
Mansfield-1.17
10 Day High30.58
10 Day Low28.33
20 Day High30.86
20 Day Low28.33
52 Week High34.56
52 Week Low24.62
CS1 End29.14
CR1 Start29.2
Volume & EV
DER(3)0.58%
DER(5)-1.55%
Volume90.70K
Volume Incr120.53%
Vol(5)220.47K
Vol(50)125.13K