HELLO GROUP INC -SPN ADR (MOMO) Stock Technical Analysis
NASDAQ:MOMO • US4234031049
Overall MOMO gets a technical rating of 0 out of 10. MOMO 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 81% of all other stocks performed better in the past year than MOMO.
- In the last month MOMO has a been trading in the 6.33 - 7.10 range, which is quite wide. It is currently trading near the lows of this range.
- MOMO has an average volume of 1060280 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MOMO is part of the Interactive Media & Services industry. There are 69 other stocks in this industry, MOMO did better than 63% of them.
- MOMO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MOMO is lagging the market.
- Considerably lower volume is observed in the last couple of days.
MOMO has a poor technical rating and the quality of the setup is also 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
5.25
When analyzing the support we can see 3 important areas.
- A support zone ranging from 6.65 to 6.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.39 to 6.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.30 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 6.69 to 7.07. 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 MOMO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MOMO is neutral. |
| ChartMill Relative Strength | 19.93 | NEGATIVE | MOMO has a low relative strength, it was outperformed by 80.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MOMO is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MOMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MOMO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.18 | NEUTRAL | The RSI value for MOMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MOMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.45 | NEUTRAL | The Stochastics value for MOMO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for MOMO suggests some volalility. |
| Average Directional Index/ADX (14) | 18.6 | NEGATIVE | The low ADX value for MOMO suggests a weak or negative trend. |
6.67
+0.23 (+3.57%)
HELLO GROUP INC -SPN ADR / MOMO FAQ
What is the ChartMill technical rating of HELLO GROUP INC -SPN ADR (MOMO) stock?
ChartMill assigns a technical rating of 0 / 10 to MOMO.
What is the current trend direction of HELLO GROUP INC -SPN ADR (MOMO) stock?
The current trend direction for HELLO GROUP INC -SPN ADR (MOMO) is Bearish.
Can you provide the RSI signal for HELLO GROUP INC -SPN ADR?
HELLO GROUP INC -SPN ADR (MOMO) has an RSI value of 51.1764. This indicates that the stock is currently neutral.
Can you provide the MACD signal for HELLO GROUP INC -SPN ADR?
The MACD indicator for HELLO GROUP INC -SPN ADR (MOMO) has a value of -0.0047908, indicating a bearish trend.
What is the short term momentum for MOMO stock?
The short term momentum for HELLO GROUP INC -SPN ADR (MOMO) is neutral.