MOGU INC-ADR (MOGU) Stock Technical Analysis
USA - NYSE:MOGU - US6080123085 - ADR
3.11 USD
-0.13 (-4.01%)
3.11 USD
0 (0%)
Taking everything into account, MOGU scores 7 out of 10 in our technical rating. In the last year, MOGU was one of the better performers, but we do observe some doubts in the very recent evolution.
MOGU is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MOGU has a been trading in the 3.05 - 4.78 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Looking at the yearly performance, MOGU did better than 89% of all other stocks.
MOGU is one of the better performing stocks in the Broadline Retail industry, it outperforms 81% of 28 stocks in the same industry.
MOGU has an average volume of 1483760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Considerably lower volume is observed in the last couple of days.
MOGU 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.
More info and screens
1.83
3.46
When analyzing the support we can see 6 important areas.
- A support zone ranging from 3.03 to 3.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.37 from a trend line in the weekly time frame.
- Support @2.23 from a trend line in the daily time frame.
- Support @2.16 from a trend line in the daily time frame.
- Support @2.06 from a horizontal line in the daily time frame.
- Support @1.85 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @3.43 from a horizontal line in the daily 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 MOGU is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOGU is down. |
| ChartMill Relative Strength | 89.29 | POSITIVE | MOGU has a high relative strength, it outperformed 89.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOGU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOGU is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOGU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.09 | NEUTRAL | The RSI value for MOGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests MOGU has a negative trend. |
| Stochastics (14,3) | 27.67 | NEUTRAL | The Stochastics value for MOGU is a neutral value. |
| Average True Range in percent/ATR (20) | 8.64 | HIGH VOLATILITY | The high ATR as a percentage value for MOGU suggests high volalility. |
| Average Directional Index/ADX (14) | 31.02 | POSITIVE | The high ADX value value for MOGU 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)
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 |
|---|---|---|---|
| 3.44 | 3.04 | 0.40 (11.63%) | 8.60% |
| An entry @3.44. This is a Buy Stop order right above the resistance zone. | An exit @3.04. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.40 points, which is 11.63%. | For a 1.00% total portfolio risk, you can invest 8.60% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.11
-0.13 (-4.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryBroadline Retail
Performance
% Chg-4.01%
1 Week-7.16%
2 Weeks-6.61%
1 Month-25.95%
3 Month29.58%
6 Month46.01%
12 Month50.13%
2 Year46.7%
3 Year30.85%
5 Year-89.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%8.64%
ATR Inc-24.48%
Range Today0.13
ADR(20)0.24
ADR(20)%7.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.29
Mansfield1.79
10 Day High3.53
10 Day Low3.05
20 Day High4.78
20 Day Low3.05
52 Week High8.1
52 Week Low1.83
CS1 End3.1
CR1 Start3.43
Volume & EV
DER(3)5.71%
DER(5)1.63%
Volume23.90K
Volume Incr-99.57%
Vol(5)15.92K
Vol(50)1.48M