Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
MGO Global Inc. (NASDAQ:MGOL)
Sidelines Mode (-55) - MGOL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for MGOL
The long-term trend has been DOWN since Sep 7th, 2023 at 1.0000
The intermediate-term trend has been DOWN since Nov 28th, 2023 at 0.4301
The short-term trend has been UP since Nov 29th, 2023 at 0.4700
Smart Scan Analysis for MGOL
Based on our trend formula, MGOL is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||16.61||52wk High Date||2023-01-13|
|52wk Low||0.3931||52wk Low Date||2023-10-30|
|Average Volume||900,706||Shares Outstanding||14,245|