We assign a technical rating of 0 out of 10 to MOGO. MOGO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
1.01
We found 1 important support area.
We can see 6 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 | 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 | 10.91 | NEGATIVE | MOGO has a low relative strength, it was outperformed by 89.09% 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. |
1.07
+0.04 (+3.88%)
ChartMill assigns a technical rating of 0 / 10 to MOGO.
The current trend direction for MOGO INC (MOGO) is Bearish.
MOGO INC (MOGO) has an RSI value of 36.5956. This indicates that the stock is currently neutral.
The short term momentum for MOGO INC (MOGO) is negative.
The buy/sell signal for MOGO INC (MOGO) is sell as both the short term and long term trends are negative.