Technical Analysis for MGI - Moneygram International, Inc.

Grade Last Price % Change Price Change
grade D 2.84 -3.07% -0.09
MGI closed up 9.33 percent on Monday, November 18, 2019, on 1.22 times normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical MGI trend table...

Date Alert Name Type % Chg
New Downtrend Bearish -3.07%
Slingshot Bearish Bearish Swing Setup -3.07%
Crossed Above 200 DMA Bullish -3.07%
Lower Bollinger Band Walk Weakness -3.07%
Wide Bands Range Expansion -3.07%
Up 3 Days in a Row Strength -3.07%
Oversold Stochastic Weakness -3.07%
Calm After Storm Range Contraction 5.97%
Lower Bollinger Band Walk Weakness 5.97%
Wide Bands Range Expansion 5.97%

Older signals for MGI ...

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Profile
MoneyGram International, Inc., through its subsidiaries, provides money transfer and payment services worldwide. The company operates in two segments, Global Funds Transfer and Financial Paper Products. The Global Funds Transfer segment provides money transfer and bill payment services to unbanked or under banked consumers. Its bill payment services allow consumers to make urgent payments, pay routine bills, or load and reload prepaid debit cards to various billers in the credit card, mortgage, auto finance, telecommunications, corrections, satellite, utilities, property management, prepaid card, and collections industries. This segment provides money transfer services through its network of agents, as well as through company-owned retail locations in the United States and Western Europe. It also offers money transfer services on the Internet via its MoneyGram Online service in the United States and the United Kingdom; through agent Web sites in Italy, Saudi Arabia, and Japan, as well as through mobile phones, kiosks, ATMs, payment cards, and direct-to-bank account products. The Financial Paper Products segment provides money orders to consumers through its retail and financial institution agent locations in the United States and Puerto Rico; and offers official check services for financial institutions in the United States. This segment sells its money orders under the MoneyGram brand, as well as on a private label or co-branded basis with retail and financial institution agents in the United States. It also provides official check outsourcing services to financial institutions. The company was founded in 1926 and is headquartered in Dallas, Texas.
Financial Services Bank Telecommunications Payment Systems Mobile Phones Debit Card Payment Services Property Management Credit Card Bill Payment Services Cheque Auto Finance Money Transfer Services Alternative Payments Company Owned Retail Locations Money Transmitter Online Service
Is MGI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 6.7
52 Week Low 1.33
Average Volume 1,875,626
200-Day Moving Average 2.9295
50-Day Moving Average 4.1432
20-Day Moving Average 3.5763
10-Day Moving Average 3.159
Average True Range 0.3459
ADX 25.59
+DI 14.8611
-DI 35.4456
Chandelier Exit (Long, 3 ATRs ) 3.5923
Chandelier Exit (Short, 3 ATRs ) 3.3877
Upper Bollinger Band 4.6734
Lower Bollinger Band 2.4792
Percent B (%b) 0.21
BandWidth 61.353913
MACD Line -0.3543
MACD Signal Line -0.2655
MACD Histogram -0.0888
Fundamentals Value
Market Cap 158.85 Million
Num Shares 54.2 Million
EPS 0.49
Price-to-Earnings (P/E) Ratio 5.98
Price-to-Sales 0.53
Price-to-Book 0.00
PEG Ratio 0.98
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.34
Resistance 3 (R3) 3.30 3.12 3.27
Resistance 2 (R2) 3.12 3.02 3.14 3.24
Resistance 1 (R1) 3.03 2.96 3.08 3.07 3.22
Pivot Point 2.85 2.85 2.88 2.87 2.85
Support 1 (S1) 2.76 2.75 2.81 2.80 2.64
Support 2 (S2) 2.58 2.69 2.60 2.62
Support 3 (S3) 2.49 2.58 2.59
Support 4 (S4) 2.53