Overall MOFG gets a technical rating of 7 out of 10. In the last year, MOFG was one of the better performers, but we do observe some doubts in the very recent evolution.
MOFG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 41.14. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MOFG in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
27.01
4 important support areas can be observed.
- A support zone ranging from 39.07 to 39.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.60 to 38.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.69 to 28.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @27.28 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 41.14 to 41.77. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for MOFG is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MOFG is neutral. |
| ChartMill Relative Strength | 90.48 | POSITIVE | MOFG has a high relative strength, it outperformed 90.48% off all stocks 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) | UP | MIXED | The current price of MOFG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.32 | NEUTRAL | The RSI value for MOFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests MOFG has a negative trend. |
| Stochastics (14,3) | 46.84 | NEUTRAL | The Stochastics value for MOFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for MOFG suggests some volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for MOFG suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 40.56 | 39.06 | 1.50 (3.70%) | 25.00% |
| An entry @40.56. This is a Buy Stop order right above the 10 day high. | An exit @39.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.50 points, which is 3.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- The distance between exit and entry is rather small compared to the average daily movement of MOFG. Please evaluate whether better entry and exit points can be found.
- 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.
39.16
-1.11 (-2.76%)
MIDWESTONE FINANCIAL GROUP I / MOFG FAQ
Can you provide the ChartMill technical rating for MIDWESTONE FINANCIAL GROUP I?
ChartMill assigns a technical rating of 7 / 10 to MOFG.
What is the current trend direction of MIDWESTONE FINANCIAL GROUP I (MOFG) stock?
The current trend direction for MIDWESTONE FINANCIAL GROUP I (MOFG) is Bullish.
What is the RSI signal for MIDWESTONE FINANCIAL GROUP I (MOFG) stock?
MIDWESTONE FINANCIAL GROUP I (MOFG) has an RSI value of 48.3202. This indicates that the stock is currently neutral.
What is the MACD signal for MIDWESTONE FINANCIAL GROUP I (MOFG) stock?
The MACD indicator for MIDWESTONE FINANCIAL GROUP I (MOFG) has a value of -0.123531, indicating a bearish trend.
What is the support and resistance level for MOFG stock?
MIDWESTONE FINANCIAL GROUP I (MOFG) has a support level at 39.08 and a resistance level at 41.14. Check the full technical report for our detailed analysis of MOFG support and resistance levels.