MITSUBISHI UFJ FINL-SPON ADR (MUFG) Stock Technical Analysis
NYSE:MUFG - New York Stock Exchange, Inc. - US6068221042 - ADR - Currency: USD
Overall MUFG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MUFG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MUFG is one of the better performing stocks in the market, outperforming 87% of all stocks. On top of that, MUFG also shows a nice and consistent pattern of rising prices.
MUFG is part of the Banks industry. There are 392 other stocks in this industry. MUFG outperforms 94% of them.
MUFG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MUFG is lagging the market slightly.
In the last month MUFG has a been trading in the 13.19 - 14.87 range, which is quite wide. It is currently trading near the high of this range.
MUFG has an average volume of 4032760 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although MUFG has an excellent technical rating, it does not present a decent entry opportunity 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
11.71
15.14
When analyzing the support we can see 4 important areas.
- A support zone ranging from 13.74 to 14.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.28 to 13.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.23 from a horizontal line in the daily time frame.
- Support @11.83 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.98 to 14.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for MUFG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUFG is up. |
| ChartMill Relative Strength | 87.79 | POSITIVE | MUFG has a high relative strength, it outperformed 87.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUFG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUFG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MUFG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.21 | NEUTRAL | The RSI value for MUFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MUFG has a positive trend. |
| Stochastics (14,3) | 65.35 | NEUTRAL | The Stochastics value for MUFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.02 | MEDIUM VOLATILITY | The ATR as a percentage value for MUFG suggests some volalility. |
| Average Directional Index/ADX (14) | 12.28 | NEGATIVE | The low ADX value for MUFG suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
14.56
+0.18 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg1.25%
1 Week4.6%
2 Weeks-0.75%
1 Month6.36%
3 Month16.2%
6 Month16.11%
12 Month51.67%
2 Year83.61%
3 Year182.72%
5 Year248.33%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%2.02%
ATR Inc-1.03%
Range Today0.15
ADR(20)0.19
ADR(20)%1.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.79
Mansfield0.89
10 Day High14.56
10 Day Low13.62
20 Day High14.87
20 Day Low13.19
52 Week High15.03
52 Week Low9.6
CS1 End14.07
CR1 Start14.98
Volume & EV
DER(3)-2.44%
DER(5)-1.22%
Volume2.85M
Volume Incr-25.45%
Vol(5)2.92M
Vol(50)4.03M