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Stock Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

MGO Global Inc. (NASDAQ:MGOL)

Bear Market Rally (-75) - MGOL is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MGOL as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MGOL?

MarketClub looks at technical strength and momentum to determine if the timing is right for MGOL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MGOL
Open High Low MGOL Price Change
1.0000 1.3000 1.0000 1.0959 +0.0559
Entry Signal

MarketClub’s Trade Triangles for MGOL

long term down The long-term trend has been DOWN since Jan 18th, 2023 at 4.64

intermediate term down The intermediate-term trend has been DOWN since May 30th, 2023 at 1.03

short term up The short-term trend has been UP since Jun 1st, 2023 at 1.10

Smart Scan Analysis for MGOL

Based on our trend formula, MGOL is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MGOL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0000 1.3000 1.0000 1.0959 +0.0559
Prev. Close Volume Bid Ask Time
1.0400 1179511 2023-06-01 15:58:59
52wk High16.6152wk High Date2023-01-13
52wk Low0.9252wk Low Date2023-04-20
Average Volume1,116,020Shares Outstanding14,242
Assets440,968MLiabilities1,256,147M
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