Moneylion Inc (ML): Price Down $-0.23 (-3.9)% Over Past Day, Down $-0.22 (-3.74)% Over Past Hour

The Hourly View for ML

ML (Get Ratings)’s 5.67 Moneylion Inc in the hour prior was especially unusual given the typical amount recorded over the past 30 hour. This is the 2nd hour in a row ML has seen its price head down. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 hour timeframes. Most noteworthy in the world of moving averages on the hourly chart is that the 100 and 20 hour moving averages have been crossed, so that price is now turning below them. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

ML ranks 94th in terms of today’s price percentage change out of Banking stocks.

ML’s Technical Outlook on the Daily Chart

At the moment, ML’s price is down $-0.23 (-3.9%) from the day prior. This is a reversal of the price action on the previous day, in which price moved up. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 10, 20 and 40 day timeframes. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows ML’s price action over the past 90 days.