MIDWESTONE FINANCIAL GROUP I (MOFG) Stock Technical Analysis
NASDAQ:MOFG - Nasdaq - US5985111039 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to MOFG. Although MOFG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
MOFG is one of the better performing stocks in the Banks industry, it outperforms 76% of 398 stocks in the same industry.
Looking at the yearly performance, MOFG did better than 86% 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. The S&P500 Index is currently trading in the lower part of its 52 week range, so MOFG is still doing slightly better than the market.
In the last month MOFG has a been trading in the 24.62 - 30.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MOFG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 25.60, a Stop Loss order could be placed below this zone.
More info and screens
21.23
33.82
When analyzing the support we can see 2 important areas.
- A support zone ranging from 25.39 to 25.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @21.44 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 28.70 to 28.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.22 to 30.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.88 from a trend 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
CRS86.53
Mansfield0.57
10 Day High28.4
10 Day Low24.62
20 Day High30.31
20 Day Low24.62
52 Week High34.56
52 Week Low19.69
Performance
1 Week4.67%
2 Weeks1.01%
1 Month-8.45%
3 Month-10.35%
6 Month-8.72%
12 Month30.6%
2 Year30.92%
3 Year-9.3%
5 Year29.85%
10 Year-7.35%
15 Year88.33%
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)-0.02
RSI(14)44.44
LBB24.38
UBB29.78
27.06
-0.04 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.15%
1 Week4.67%
2 Weeks1.01%
1 Month-8.45%
3 Month-10.35%
6 Month-8.72%
12 Month30.6%
2 Year30.92%
3 Year-9.3%
5 Year29.85%
10 Year-7.35%
15 Year88.33%
Volatility
ATR(14)1.65
ATR(20)%5.15%
ATR Inc-33.23%
Range Today0.75
ADR(20)1.33
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.53
Mansfield0.57
10 Day High28.4
10 Day Low24.62
20 Day High30.31
20 Day Low24.62
52 Week High34.56
52 Week Low19.69
CS1 End25.6
CR1 Start28.7
Volume & EV
DER(3)-2.24%
DER(5)-1.79%
Volume118.01K
Volume Incr23.06%
Vol(5)140.96K
Vol(50)104.60K