Mogo Inc Stock Technical Analysis

Mogo Analyst Consensus

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Mogo technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Mogo trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Mogo Inc Technical Analysis

Mogo Inc Trend Analysis

Use this graph to draw trend lines for Mogo Inc. You can use it to identify possible trend reversals for Mogo as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Mogo price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Mogo Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Mogo Inc applied against its price change over selected period. The best fit line has a slop of   0.0053  , which may suggest that Mogo Inc market price will keep on failing further. It has 122 observation points and a regression sum of squares at 1.05, which is the sum of squared deviations for the predicted Mogo price change compared to its average price change.

Most technical analysis of Mogo help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Mogo from various momentum indicators to cycle indicators. When you analyze Mogo charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Mogo Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Mogo Inc information on this page should be used as a complementary analysis to other Mogo's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

When running Mogo's price analysis, check to measure Mogo's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mogo is operating at the current time. Most of Mogo's value examination focuses on studying past and present price action to predict the probability of Mogo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mogo's price. Additionally, you may evaluate how the addition of Mogo to your portfolios can decrease your overall portfolio volatility.

Is Mogo's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Mogo. If investors know Mogo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Mogo listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

The market value of Mogo Inc is measured differently than its book value, which is the value of Mogo that is recorded on the company's balance sheet. Investors also form their own opinion of Mogo's value that differs from its market value or its book value, called intrinsic value, which is Mogo's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Mogo's market value can be influenced by many factors that don't directly affect Mogo's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Mogo's value and its price as these two are different measures arrived at by different means. Investors typically determine if Mogo is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mogo's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.