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 89% of all stocks. We also observe that the gains produced by MUFG over the past year are nicely spread over this period.
MUFG is one of the better performing stocks in the Banks industry, it outperforms 85% of 396 stocks in the same industry.
MUFG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MUFG is performing more or less in line with the market.
In the last month MUFG has a been trading in the 12.10 - 13.91 range, which is quite wide. It is currently trading near the high of this range.
MUFG has an average volume of 10486900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MUFG has an excellent technical rating, but the quality of the setup is only medium 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
10.89
13.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.73 to 13.14. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.23 to 12.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @11.33 from a trend line in the weekly time frame.
- Support @11.00 from a trend line in the daily time frame.
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 | 89.77 | POSITIVE | MUFG has a high relative strength, it outperformed 89.77% 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) | 62.45 | NEUTRAL | The RSI value for MUFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests MUFG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.78 | OVERBOUGHT | The high Stochastics value suggests MUFG may be overbought. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for MUFG suggests low volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for MUFG suggests a possible start of a new 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)
13.54
-0.12 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.88%
1 Week0%
2 Weeks8.06%
1 Month10.35%
3 Month7.12%
6 Month14.55%
12 Month34.59%
2 Year104.84%
3 Year138.8%
5 Year224.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%1.84%
ATR Inc27.28%
Range Today0.25
ADR(20)0.19
ADR(20)%1.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.77
Mansfield1.52
10 Day High13.91
10 Day Low12.75
20 Day High13.91
20 Day Low12.1
52 Week High15.03
52 Week Low8.75
CS1 End13.14
CR1 StartN/A
Volume & EV
DER(3)-0.32%
DER(5)-0.33%
Volume9.06M
Volume Incr26.98%
Vol(5)7.57M
Vol(50)10.49M