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Saturday, September 25, 2021

MOGU Inc. (NYSE:MOGU) Undervalued, Plenty of Room to Grow

$MOGU #USA #NYSE #MOGU #Fashion #SocialMedia #China #Stocks

Make fashion accessible to everyone

Price: $1.80
Recommendation: Buy
Target Price: $3.20

Business Summary

Mogu, Inc. is an online fashion and lifestyle e-commerce company. The Company enables its customers to purchase online fashion and lifestyle apparel items from its Website.

The Company has developed an artificial intelligence-based online e-commerce platform that offers personalized fashion content in different formats, integrating social interactions between its users.

The Company also provides relevant and multi-media content, such as live video broadcasts, short-form videos, photographs, and articles covering various topics, including fashion tips, brand fitting room, celebrity on-screen and street runways.

Shayne Heffernan Trade Idea

“Our current price target of Mogu will come in around $3.20 giving the stock a price increase of +77.78%.”

Price Performance

Relative Valuation

Technical Indicators

Overall, the bias in prices is: Upwards.

Note: this chart shows extraordinary price action to the upside.

By the way, prices are vulnerable to a correction towards 1.49.

The projected upper bound is: 2.09.

The projected lower bound is: 1.54.

The projected closing price is: 1.82.


A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 8 white candles and 2 black candles for a net of 6 white candles. During the past 50 bars, there have been 25 white candles and 21 black candles for a net of 4 white candles.

Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 65.2542. This is not an overbought or oversold reading. The last signal was a sell 8 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 64.02. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 22 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 82. This is not a topping or bottoming area. The last signal was a sell 7 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 2 period(s) ago.

Rex Takasugi – TD Profile

MOGU INC closed up 0.020 at 1.800. Volume was 20% below average (neutral) and Bollinger Bands were 26% narrower than normal.

Open    High     Low     Close     Volume
1.740   1.860    1.740   1.800     57,520
Technical Outlook
Short Term:        Neutral
Intermediate Term: Bullish
Long Term:         Bearish
Moving Averages: 10-period    50-period     200-period
Close:           1.75         1.34          1.85
Volatility:      40           130           112
Volume:          84,975       81,431        65,194

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.


MOGU INC is currently 2.7% below its 200-period moving average and is in an upward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future.

Our volume indicators reflect volume flowing into and out of MOGU.K at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on MOGU.K and have had this outlook for the last 47 periods. The security price has set a new 14-period high while our momentum oscillator has not. This is a bearish divergence.

HEFFX has become one of Asia’s leading financial services companies with interests in Publishing, Private Equity, Capital Markets, Mining, Retail, Transport and Agriculture that span every continent of the world. Our clearing partners have unprecedented experience in Equities, Options, Forex and Commodities brokering, banking, physical metals dealing, floor brokering and trading.

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