DIREXION DAILY MU BEAR 1X ET (MUD) Technical Analysis
NASDAQ:MUD • US25461A1631
Current stock price
MUD Technical Rating and Analysis
Overall MUD gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than MUD.
- MUD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MUD has a been trading in the 32.25 - 47.49 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MUD has an average volume of 16219900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MUD Weekly and Daily overview Charts
MUD Setup Rating and Analysis
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.
More info and screens
MUD Support and Resistance Analysis
34.19
We can see 2 important resistance areas.
- A resistance zone ranging from 39.30 to 39.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @41.37 from a trend line in the daily time frame.
MUD Technical Indicator Signal Analysis
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 | 3.99 | NEGATIVE | MUD has a low relative strength, it was outperformed by 96.01% 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) | 39.89 | NEUTRAL | The RSI value for MUD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests MUD has a negative trend. |
| Stochastics (14,3) | 8.12 | OVERSOLD | The low Stochastics value suggests MUD may be oversold. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for MUD suggests high volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for MUD suggests a weak or negative trend. |
MUD Chart- and CandleStick Pattern Analysis
MUD Technicals: Chart, Performance Metrics, Trend & Indicators
34.54
+0.04 (+0.12%)
DIREXION DAILY MU BEAR 1X ET / MUD TA FAQ
What is the technical rating for MUD stock?
ChartMill assigns a technical rating of 0 / 10 to MUD.
What is the current trend direction of DIREXION DAILY MU BEAR 1X ET (MUD) stock?
The current trend direction for DIREXION DAILY MU BEAR 1X ET (MUD) is Bearish.
Can you provide the RSI signal for DIREXION DAILY MU BEAR 1X ET?
DIREXION DAILY MU BEAR 1X ET (MUD) has an RSI value of 39.8909. This indicates that the stock is currently neutral.
Can you provide the short term momentum for DIREXION DAILY MU BEAR 1X ET?
The short term momentum for DIREXION DAILY MU BEAR 1X ET (MUD) is negative.
What are the support and resistance levels for DIREXION DAILY MU BEAR 1X ET (MUD) stock?
DIREXION DAILY MU BEAR 1X ET (MUD) has a resistance level at 39.3. Check the full technical report for our detailed analysis of MUD support and resistance levels.