Taking everything into account, MUD scores 0 out of 10 in our technical rating. MUD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MUD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
4.68
3 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MUD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MUD is down. |
| ChartMill Relative Strength | 2.58 | NEGATIVE | MUD has a low relative strength, it was outperformed by 97.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MUD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MUD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MUD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.84 | OVERSOLD | The low RSI value suggests MUD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests MUD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.38 | OVERSOLD | The low Stochastics value suggests MUD may be oversold. |
| Average True Range in percent/ATR (20) | 7.75 | HIGH VOLATILITY | The high ATR as a percentage value for MUD suggests high volalility. |
| Average Directional Index/ADX (14) | 27.28 | POSITIVE | The high ADX value value for MUD suggests a strong trend. |
4.73
-0.26 (-5.21%)
ChartMill assigns a technical rating of 0 / 10 to MUD.
The current trend direction for DX DAILY MU BEAR 1X SHS (MUD) is Bearish.
DX DAILY MU BEAR 1X SHS (MUD) has an RSI value of 27.8397. This indicates that the stock is currently oversold.
The MACD indicator for DX DAILY MU BEAR 1X SHS (MUD) has a value of -0.0809077, indicating a bearish trend.
The short term momentum for DX DAILY MU BEAR 1X SHS (MUD) is negative.