MITSUBISHI UFJ FINL-SPON ADR (MUFG) Stock Technical Analysis
NYSE:MUFG - US6068221042 - ADR
15.38 USD
+0.37 (+2.47%)
15.5672 USD
+0.19 (+1.22%)
Overall MUFG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MUFG is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MUFG did better than 85% of all other stocks. On top of that, MUFG also shows a nice and consistent pattern of rising prices.
MUFG is one of the better performing stocks in the Banks industry, it outperforms 91% of 395 stocks in the same industry.
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 14.34 - 16.16 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MUFG has an average volume of 3614730 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 and also presents a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for MUFG in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
11.27
16.07
When analyzing the support we can see 6 important areas.
- A support zone ranging from 14.33 to 14.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.98 from a trend line in the daily time frame.
- 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 @12.00 from a trend line in the weekly time frame.
- Support @11.38 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 15.91 to 15.91. 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 | 85.96 | POSITIVE | MUFG has a high relative strength, it outperformed 85.96% 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) | 57.58 | NEUTRAL | The RSI value for MUFG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MUFG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.37 | NEUTRAL | The Stochastics value for MUFG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for MUFG suggests some volalility. |
| Average Directional Index/ADX (14) | 21.45 | 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)
15.38
+0.37 (+2.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg2.47%
1 Week0.65%
2 Weeks0.07%
1 Month9.08%
3 Month11.13%
6 Month18.13%
12 Month51.98%
2 Year81.15%
3 Year241.78%
5 Year283.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.03%
ATR Inc45.43%
Range Today0.19
ADR(20)0.16
ADR(20)%1.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.96
Mansfield1.08
10 Day High15.63
10 Day Low14.86
20 Day High16.16
20 Day Low14.34
52 Week High16.16
52 Week Low9.85
CS1 End14.57
CR1 Start15.91
Volume & EV
DER(3)9.82%
DER(5)7.65%
Volume4.32M
Volume Incr2.12%
Vol(5)3.67M
Vol(50)3.61M