MIDWESTONE FINANCIAL GROUP I (MOFG)

US5985111039 - Common Stock

21.87  +0.37 (+1.72%)

After market: 21.87 0 (0%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to MOFG. MOFG has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

MOFG is part of the Banks industry. There are 411 other stocks in this industry, of which 73% are performing better than MOFG.
In the last month MOFG has a been trading in the 19.69 - 22.17 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.
When compared to the yearly performance of all other stocks, MOFG outperforms 42% of them, which is more or less in line with the market.
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.
Weekly and Daily overview Charts
MOFG Weekly chart
MOFG Daily chart
Setup Rating and Analysis

8

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 resistance zone just above the current price starting at 21.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.66, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

19.14

24.40

We found 4 important support areas.

  • A support zone ranging from 20.90 to 21.66. 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 20.41 to 20.54. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @19.72 from a horizontal line in the daily time frame.
  • Support @19.33 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 21.88 to 22.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @23.50 from a horizontal line in the daily time frame.
  • Resistance @24.16 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.65
Mansfield-1.42
10 Day High22.17
10 Day Low20.91
20 Day High22.17
20 Day Low19.69
52 Week High27.78
52 Week Low18.65
Performance
1 Week0.74%
2 Weeks2.44%
1 Month5.4%
3 Month-9.06%
6 Month-1.93%
12 Month14.5%
2 Year-28.13%
3 Year-30.66%
5 Year-21.44%
10 Year-7.29%
15 Year182.19%
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)0.12
RSI(14)55.08
LBB20.52
UBB22.22
MOFG Daily chart

MIDWESTONE FINANCIAL GROUP I

NASDAQ:MOFG (5/17/2024, 7:14:07 PM)

After market: 21.87 0 (0%)

21.87

+0.37 (+1.72%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.72%
1 Week0.74%
2 Weeks2.44%
1 Month5.4%
3 Month-9.06%
6 Month-1.93%
12 Month14.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.6
ATR(20)%3.09%
ATR Inc
Range Today0.4
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High22.17
10 Day Low20.91
20 Day High22.17
20 Day Low19.69
52 Week High27.78
52 Week Low18.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.50K
Volume Incr-15.22%
Vol(5)28.30K
Vol(50)34.69K