MOGU Technical Analysis - MOGU INC-ADR

Technical Rating and Analysis

Taking everything into account, MOGU scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MOGU has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!

MOGU is one of the better performing stocks in the Broadline Retail industry, it outperforms 92% of 28 stocks in the same industry.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

MOGU has an average volume of 1474740 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 MOGU is one of the better performing stocks in the market, outperforming 97% of all stocks. However, this overall good ranking is mostly due to the recent strong move.

MOGU is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MOGU is lagging the market.

In the last month MOGU has a been trading in the 2.10 - 8.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

Although MOGU has an excellent technical rating, it does not offer a high 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

1.83

5.05

3 important support areas can be observed.

Support @2.13 from a horizontal 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.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	UP	POSITIVE	The long term trend for MOGU is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MOGU is up.
ChartMill Relative Strength	97.69	POSITIVE	MOGU has a high relative strength, it outperformed 97.69% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of MOGU is above the rising 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)	85.1	OVERBOUGHT	The high RSI value suggests MOGU may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.3	POSITIVE	The MACD value suggests MOGU has a positive trend.
Stochastics (14,3)	45.78	NEUTRAL	The Stochastics value for MOGU is a neutral value.
Average True Range in percent/ATR (20)	10.3	HIGH VOLATILITY	The high ATR as a percentage value for MOGU suggests high volalility.
Average Directional Index/ADX (14)	31.88	POSITIVE	The high ADX value value for MOGU suggests a strong trend.