MITSUBISHI UFJ FINL-SPON ADR (MUFG) Technical Analysis
NYSE:MUFG • US6068221042
Current stock price
MUFG Technical Rating and Analysis
Overall MUFG gets a technical rating of 4 out of 10. Although MUFG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month MUFG has a been trading in the 16.25 - 17.79 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, MUFG did better than 82% of all other 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 380 other stocks in this industry. MUFG outperforms 83% of them.
- MUFG has an average volume of 3940750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- MUFG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MUFG is lagging the market slightly.
MUFG Weekly and Daily overview Charts
MUFG Setup Rating and Analysis
MUFG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 16.31, a Stop Loss order could be placed below this zone.
More info and screens
MUFG Support and Resistance Analysis
13.16
We found 4 important support areas.
- A support zone ranging from 16.31 to 16.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.90 from a horizontal line in the daily time frame.
- Support @15.01 from a horizontal line in the daily time frame.
- Support @13.29 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.33 to 17.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MUFG 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 | 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 | 82.53 | POSITIVE | MUFG has a high relative strength, it outperformed 82.53% 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) | DOWN | NEGATIVE | The current price of MUFG is below a declining 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) | 36.17 | NEUTRAL | The RSI value for MUFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MUFG has a negative trend. |
| Stochastics (14,3) | 10.25 | OVERSOLD | The low Stochastics value suggests MUFG may be oversold. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for MUFG suggests some volalility. |
| Average Directional Index/ADX (14) | 34.3 | POSITIVE | The high ADX value value for MUFG suggests a strong trend. |
MUFG Chart- and CandleStick Pattern Analysis
MUFG Technicals: Chart, Performance Metrics, Trend & Indicators
16.32
-0.01 (-0.06%)
MITSUBISHI UFJ FINL-SPON ADR / MUFG TA FAQ
What is the technical rating for MUFG stock?
ChartMill assigns a technical rating of 4 / 10 to MUFG.
What is the current trend direction of MITSUBISHI UFJ FINL-SPON ADR (MUFG) stock?
The current trend direction for MITSUBISHI UFJ FINL-SPON ADR (MUFG) is Bearish.
What is the RSI signal for MITSUBISHI UFJ FINL-SPON ADR (MUFG) stock?
MITSUBISHI UFJ FINL-SPON ADR (MUFG) has an RSI value of 36.1722. This indicates that the stock is currently neutral.
What is the MACD signal for MITSUBISHI UFJ FINL-SPON ADR (MUFG) stock?
The MACD indicator for MITSUBISHI UFJ FINL-SPON ADR (MUFG) has a value of -0.0111229, indicating a bearish trend.