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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

MGO Global Inc. (NASDAQ:MGOL)

Countertrend Down (-85) - MGOL is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
2.490 2.498 2.350 2.350 -0.150
Entry Signal

MarketClub’s Trade Triangles for MGOL

long term down The long-term trend has been DOWN since Sep 5th, 2024 at 2.33

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 3.01

short term up The short-term trend has been UP since Nov 19th, 2024 at 2.49

Smart Scan Analysis for MGOL

Based on our trend formula, MGOL is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for MGOL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.490 2.498 2.350 2.350 -0.150
Prev. Close Volume Bid Ask Time
2.370 18824 2024-11-19 15:52:55
52wk High18.352wk High Date2024-05-22
52wk Low1.9049452wk Low Date2024-05-09
Average Volume64,178Shares Outstanding2,904
Assets2,803,681MLiabilities473,147M
P/E Ratio-0.93350000
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