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Microalgo Inc (MLGO) Technical Analysis

$1.75-2.78%

Market is closed - opens 8 PM, 26 Dec 2024

Insights

  • Microalgo is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.
  • Based on analysis of the Oscillators technical indicator, the current market trend for Microalgo stock suggests that it is a good time to buy
  • Based on analysis of the Moving Averages technical indicator, Microalgo stock is in a downtrend↘️
  • Based on analysis of the Pivot Points, the current market trend for Microalgo stock suggests that it is a good time to sell or bad time to initiate a fresh position

Analysis Summary

Oscillators

Sell

Neutral

Buy

Moving Averages

Sell

Neutral

Buy

Pivots

Sell

Neutral

Buy

Oscillators

Name

Value

Action

Relative Strength Index
28.2
Buy
Stochastic
2.71, 2.43
Buy
Ultimate Oscillator
27.57
Buy
Stochastic Relative Strength Index
8.86, 8.65
Buy
Moving Average Convergence Divergence
-0.64, -0.58
Neutral

Moving Averages

Simple Moving Average

Period (Days)

Value

Action

10
2.11
Sell
20
2.85
Sell
50
3.89
Sell

Exponential Moving Average

Period (Days)

Value

Action

10
2.16
Sell
20
2.66
Sell
50
4.19
Sell

Volume Weighted Moving Average

Period (Days)

Value

Action

10
2.35
Sell
20
2.8
Sell
50
3.6
Sell

Double Exponential Moving Average

Period (Days)

Value

Action

10
1.65
Sell
20
1.82
Buy
50
0.92
Buy

Triple Exponential Moving Average

Period (Days)

Value

Action

10
1.6
Sell
20
1.71
Sell
50
2.23
Buy

Pivot

Pivot

Value

Resistance L3
2.09
Resistance L2
2.01
Resistance L1
1.91
Pivot Point
1.83
Support L1
1.72
Support L2
1.64
Support L3
1.54

*Disclaimer: The content present here is for informational purposes only, you should not construe any such information or other material as investment advisory.