MOGO INC (MOGO) Stock Technical Analysis
NASDAQ:MOGO - Nasdaq - CA60800C2085 - Common Stock - Currency: USD
Overall MOGO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MOGO is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
MOGO is part of the Consumer Finance industry. There are 53 other stocks in this industry. MOGO outperforms 82% of them.
MOGO has an average volume of 8902960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MOGO is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MOGO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MOGO is lagging the market.
In the last month MOGO has a been trading in the 1.15 - 3.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MOGO has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.24
2.23
4 important support areas can be observed.
- A support zone ranging from 1.90 to 1.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.37 from a trend line in the weekly time frame.
- Support @1.31 from a trend line in the daily time frame.
- Support @1.25 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @2.03 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.18 to 2.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 MOGO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MOGO is up. |
| ChartMill Relative Strength | 95.16 | POSITIVE | MOGO has a high relative strength, it outperformed 95.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOGO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOGO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOGO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.69 | NEUTRAL | The RSI value for MOGO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MOGO has a negative trend. |
| Stochastics (14,3) | 29.95 | NEUTRAL | The Stochastics value for MOGO is a neutral value. |
| Average True Range in percent/ATR (20) | 13.42 | HIGH VOLATILITY | The high ATR as a percentage value for MOGO suggests high volalility. |
| Average Directional Index/ADX (14) | 49.58 | POSITIVE | The high ADX value value for MOGO suggests a strong trend. |
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)
2.02
+0.11 (+5.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryConsumer Finance
Performance
% Chg5.76%
1 Week3.06%
2 Weeks1.51%
1 Month69.75%
3 Month106.12%
6 Month50.75%
12 Month41.26%
2 Year-8.01%
3 Year-33.33%
5 Year-65.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%13.42%
ATR Inc-61.12%
Range Today0.18
ADR(20)0.21
ADR(20)%10.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.16
Mansfield4.99
10 Day High2.12
10 Day Low1.85
20 Day High3.83
20 Day Low1.15
52 Week High3.83
52 Week Low0.74
CS1 End1.9
CR1 Start2.03
Volume & EV
DER(3)-1.02%
DER(5)-0.14%
Volume2.45M
Volume Incr-93.42%
Vol(5)972.93K
Vol(50)8.90M