NYSE:MUFG • US6068221042
We assign a technical rating of 5 out of 10 to MUFG. MUFG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MUFG has an average technical rating and the quality of the presented setup is also not ideal 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.
13.03
When analyzing the support we can see 5 important areas.
2 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 | NEUTRAL | NEUTRAL | The long term trend for MUFG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MUFG is down. |
| ChartMill Relative Strength | 79.48 | POSITIVE | MUFG has a high relative strength, it outperformed 79.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MUFG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MUFG is below 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) | 39.58 | NEUTRAL | The RSI value for MUFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests MUFG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.34 | NEUTRAL | The Stochastics value for MUFG is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MUFG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.42 | POSITIVE | The high ADX value value for MUFG suggests a strong trend. |
17.45
+0.17 (+0.98%)
ChartMill assigns a technical rating of 5 / 10 to MUFG.
The current trend direction for MITSUBISHI UFJ FINL-SPON ADR (MUFG) is Bearish.
MITSUBISHI UFJ FINL-SPON ADR (MUFG) has an RSI value of 39.5782. This indicates that the stock is currently neutral.
The MACD indicator for MITSUBISHI UFJ FINL-SPON ADR (MUFG) has a value of -0.245638, indicating a bearish trend.