MOGO INC (MOGO) Technical Analysis
NASDAQ:MOGO • CA60800C2085
Current stock price
MOGO Technical Rating and Analysis
Taking everything into account, MOGO scores 0 out of 10 in our technical rating. MOGO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MOGO is a bad performer in the overall market: 91% of all stocks are doing better.
- MOGO is one of the lesser performing stocks in the Consumer Finance industry. 73% of 54 stocks in the same industry do better.
- MOGO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MOGO is lagging the market.
- In the last month MOGO has a been trading in the 1.01 - 1.25 range, which is quite wide. It is currently trading near the lows of this range.
MOGO Weekly and Daily overview Charts
MOGO Setup Rating and Analysis
The technical rating of MOGO is bad and it also does not present a quality setup 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.
More info and screens
MOGO Support and Resistance Analysis
1.01
When analyzing the support we notice one important area.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.13 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.52 from a trend line in the daily time frame.
- Resistance @1.78 from a trend line in the weekly time frame.
- Resistance @2.04 from a horizontal line in the daily time frame.
- Resistance @2.18 from a horizontal line in the weekly time frame.
MOGO Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for MOGO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOGO is down. |
| ChartMill Relative Strength | 9.53 | NEGATIVE | MOGO has a low relative strength, it was outperformed by 90.47% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOGO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MOGO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MOGO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.6 | NEUTRAL | The RSI value for MOGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MOGO has a positive trend. |
| Stochastics (14,3) | 15.82 | OVERSOLD | The low Stochastics value suggests MOGO may be oversold. |
| Average True Range in percent/ATR (20) | 4.94 | MEDIUM VOLATILITY | The ATR as a percentage value for MOGO suggests some volalility. |
| Average Directional Index/ADX (14) | 48.52 | POSITIVE | The high ADX value value for MOGO suggests a strong trend. |
MOGO Chart- and CandleStick Pattern Analysis
MOGO Technicals: Chart, Performance Metrics, Trend & Indicators
1.07
+0.04 (+3.88%)
MOGO INC / MOGO TA FAQ
What is the ChartMill technical rating of MOGO INC (MOGO) stock?
ChartMill assigns a technical rating of 0 / 10 to MOGO.
Can you provide the trend direction for MOGO INC?
The current trend direction for MOGO INC (MOGO) is Bearish.
What is the RSI signal for MOGO stock?
MOGO INC (MOGO) has an RSI value of 36.5956. This indicates that the stock is currently neutral.
What is the short term momentum for MOGO INC (MOGO) stock?
The short term momentum for MOGO INC (MOGO) is negative.
What is the buy/sell signal for MOGO stock?
The buy/sell signal for MOGO INC (MOGO) is sell as both the short term and long term trends are negative.