MOGU INC-ADR (MOGU) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MOGU - US6080123085 - ADR
Taking everything into account, MOGU scores 0 out of 10 in our technical rating. MOGU'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.
Although the technical rating is bad, MOGU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 2.49, a Stop Loss order could be placed below this zone.
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1.83
We found 6 important support areas.
- A support zone ranging from 2.49 to 2.49. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @2.42 from a horizontal line in the daily time frame.
- Support @2.37 from a trend line in the daily time frame.
- Support @2.20 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.60 to 2.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.70 to 2.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 MOGU is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOGU is down. |
| ChartMill Relative Strength | 30.08 | NEUTRAL | MOGU is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of MOGU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MOGU is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.1 | NEUTRAL | The RSI value for MOGU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MOGU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.12 | OVERSOLD | The low Stochastics value suggests MOGU may be oversold. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for MOGU suggests high volalility. |
| Average Directional Index/ADX (14) | 9.35 | NEGATIVE | The low ADX value for MOGU suggests a weak or negative trend. |
2.5
+0.04 (+1.53%)
MOGU INC-ADR / MOGU FAQ
Can you provide the ChartMill technical rating for MOGU INC-ADR?
ChartMill assigns a technical rating of 0 / 10 to MOGU.
What is the current trend direction of MOGU INC-ADR (MOGU) stock?
The current trend direction for MOGU INC-ADR (MOGU) is Bearish.
What is the RSI signal for MOGU INC-ADR (MOGU) stock?
MOGU INC-ADR (MOGU) has an RSI value of 43.0973. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MOGU INC-ADR?
The MACD indicator for MOGU INC-ADR (MOGU) has a value of -0.00609748, indicating a bearish trend.
What is the buy/sell signal for MOGU stock?
The buy/sell signal for MOGU INC-ADR (MOGU) is sell as both the short term and long term trends are negative.