Photo by Jason Briscoe on Unsplash
Today’s MicroMarvel is the software developer MoneyLion (ML). MicroMarvel is a series of articles highlighting undercovered stock with less than a billion dollars in Market Capitalization. I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum, and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 11 /3 the stock gained 72.64%.These articles are not intended to be buy recommendations. They highlight stocks that may have limited trading volume and may be highly volatile so if you do decide to add them to your portfolio I highly recommend you use stop loses and limit orders.ML Price vs Daily Moving Averages (Barchart)MoneyLion Inc. provides a digital financial platform. The company’s platform offers access to banking, borrowing, and investing solutions for customers. Its principal products include roarmoney, a digital demand deposit account; instacash, a cash advance product that gives customers early access to their recurring income deposits; Credit Builder Plus; MoneyLion Investing, an online investment account that offers access to separately managed accounts invested based on model exchange-traded fund portfolios; and MoneyLion Crypto, an online cryptocurrency account. It also provides an embedded finance marketplace connecting and matching consumers with real-time, personalized product, and service recommendations through its proprietary integrative technology; and offers creative media and marketing services to clients across industries through its media division. The company is headquartered in New York, New York. Barchart’s Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart Technical Indicators:
Fundamental Factors:
Analysts and Investor Sentiment — I don’t buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it’s hard to make money swimming against the tide:
More By This Author:Chart Of The Day: Merchants Bancorp – Banking On Real Estate
Chart Of The Day: JFrog – Leap Frogs The Rest
Chart Of The Day: Core & Main – Industrial Distribution