HELLO GROUP INC -SPN ADR (MOMO) Stock Technical Analysis
USA - NASDAQ:MOMO - US4234031049 - ADR
7.46 USD
+0.09 (+1.22%)
7.47 USD
+0.01 (+0.13%)
We assign a technical rating of 0 out of 10 to MOMO. 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.
When comparing the yearly performance of all stocks, MOMO is a bad performer in the overall market: 80% of all stocks are doing better.
MOMO is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MOMO is an average performer in the Interactive Media & Services industry, it outperforms 41% of 69 stocks in the same industry.
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.
Although the technical rating is bad, MOMO 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 7.40, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MOMO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.25
8.62
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7.32 to 7.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.30 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 8.26 to 8.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 8.53 to 8.53. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MOMO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOMO is down. |
| ChartMill Relative Strength | 20.66 | NEGATIVE | MOMO has a low relative strength, it was outperformed by 79.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MOMO is below 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 | POSITIVE | The current price of MOMO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.37 | NEUTRAL | The RSI value for MOMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MOMO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.04 | NEUTRAL | The Stochastics value for MOMO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.67 | MEDIUM VOLATILITY | The ATR as a percentage value for MOMO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.28 | NEUTRAL | The ADX value for MOMO suggests a possible start of a new 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)
7.46
+0.09 (+1.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.22%
1 Week-1.06%
2 Weeks-2.1%
1 Month-10.12%
3 Month-11.92%
6 Month27.74%
12 Month-3.49%
2 Year6.88%
3 Year61.47%
5 Year-45.78%
10 Year-40.32%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.67%
ATR Inc-15.68%
Range Today0.28
ADR(20)0.25
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.66
Mansfield-0.71
10 Day High7.85
10 Day Low7.22
20 Day High8.59
20 Day Low7.06
52 Week High9.22
52 Week Low5.12
CS1 End7.4
CR1 Start8.26
Volume & EV
DER(3)2.44%
DER(5)3.39%
Volume799.20K
Volume Incr-9.72%
Vol(5)1.00M
Vol(50)887.26K