Question 1

What implications does the 10-day RSI indicator have for MOGO?

Accepted Answer

The RSI Oscillator for MOGO moved out of oversold territory on August 06, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 35 similar instances when the indicator left oversold territory. In 29 of the 35 cases the stock moved higher. This puts the odds of a move higher at 0%.

Question 2

What does the Stochastic Oscillator suggest about MOGO's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 3

How did MOGO's Momentum indicator behave recently?

Accepted Answer

The Momentum Indicator moved above the 0 level on August 16, 2024. You may want to consider a long position or call options on MOGO as a result. In 68 of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 0%.

Question 4

What does MACD indicator imply for MOGO?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MOGO just turned positive on August 14, 2024. Looking at past instances where MOGO's MACD turned positive, the stock continued to rise in 34 of 47 cases over the following month. The odds of a continued upward trend are 0%.

Question 5

What does a 3-day price advance indicate for MOGO?

Accepted Answer

Following a +2.70% 3-day Advance, the price is estimated to grow further. Considering data from situations where MOGO advanced for three days, in 184 of 228 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day decline signify for MOGO's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MOGO declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 7

What does MOGO breaking above its upper Bollinger Band indicate?

Accepted Answer

MOGO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Question 8

How does the Aroon Indicator reflect on MOGO's trend?

Accepted Answer

The Aroon Indicator for MOGO entered a downward trend on August 14, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

MOGO Stock Mogo (MOGO, $1.64) Stochastic Oscillator left the oversold zone on June 06, 2024

MOGO's RSI Oscillator climbs out of oversold territory

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