MidWestOne Financial Technical Analysis (NASDAQ:MOFG)
Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. The MidWestOne Financial stock price data and volume are plotted in MOFG stock charts and these trading charts form the basis of technical analysis.
See MidWestOne Financial bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. The technical analysis form of MidWestOne Financial stock analysis tries to understand the market by studying the stock market trend itself as opposed to other aspects like the company's fundamentals.
MidWestOne Financial Moving Average
Moving averages show the average price of MOFG stock over a set time period and help traders see the overall trend by smoothening out the daily variation in price movement. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $33.51 is below the price of $33.78.
MidWestOne Financial Bollinger Bands
Bollinger Bands were developed by the famous technical trader John Bollinger and are a measure of the volatility of a stock like the MOFG stock. The stock price is trading between the average and the upper band in the context of MidWestOne Financial bollinger bands.
MidWestOne Financial Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps gauge the stock price trend, as the indicator is useful in understanding the strength, direction and momentum of the stock price. The MidWestOne Financial MACD indicator can be used to identify bullish and bearish trends for the stock.
MidWestOne Financial Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 54.44 is the RSI value of MOFG stock.