NASDAQ:MOFG - Nasdaq - US5985111039 - Common Stock - Currency: USD
Overall MOFG gets a technical rating of 7 out of 10. In the last year, MOFG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MOFG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
26.77
4 important support areas can be observed.
We can see 2 important resistance areas.
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 | UP | POSITIVE | The short term trend for MOFG is up. |
ChartMill Relative Strength | 68.57 | NEUTRAL | MOFG is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOFG is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOFG is above 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) | 62.58 | NEUTRAL | The RSI value for MOFG is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests MOFG has a positive trend. |
Stochastics (14,3) | 78.41 | NEUTRAL | The Stochastics value for MOFG is a neutral value. |
Average True Range in percent/ATR (20) | 2.89 | MEDIUM VOLATILITY | The ATR as a percentage value for MOFG suggests some volalility. |
Average Directional Index/ADX (14) | 19.45 | 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 |
---|---|---|---|
31.51 | 30.56 | 0.95 (3.01%) | 25.00% |
An entry @31.51. This is a Buy Stop order right above the resistance zone. | An exit @30.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.95 points, which is 3.01%. | For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade. |
30.67
+0.99 (+3.34%)