MITSUBISHI UFJ FINL-SPON ADR (MUFG) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MUFG - US6068221042 - ADR
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.
Although MUFG has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.65
4 important support areas can be observed.
- A support zone ranging from 15.61 to 16.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.01 from a horizontal line in the daily time frame.
- A support zone ranging from 14.62 to 14.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.78 from a trend line in the weekly 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 | 87.05 | POSITIVE | MUFG has a high relative strength, it outperformed 87.05% 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) | 71.92 | OVERBOUGHT | The high RSI value suggests MUFG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests MUFG has a positive trend. |
| Stochastics (14,3) | 93.32 | OVERBOUGHT | The high Stochastics value suggests MUFG may be overbought. |
| Average True Range in percent/ATR (20) | 1.59 | LOW VOLATILITY | The low ATR as a percentage value for MUFG suggests low volalility. |
| Average Directional Index/ADX (14) | 14.13 | NEGATIVE | The low ADX value for MUFG suggests a weak or negative trend. |
17.09
+0.31 (+1.85%)
MITSUBISHI UFJ FINL-SPON ADR / MUFG FAQ
What is the technical rating for MUFG stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
What is the RSI signal for MITSUBISHI UFJ FINL-SPON ADR (MUFG) stock?
MITSUBISHI UFJ FINL-SPON ADR (MUFG) has an RSI value of 71.9226. This indicates that the stock is currently overbought.
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 0.0987652, indicating a bearish trend.
Can you provide the buy/sell signal for MITSUBISHI UFJ FINL-SPON ADR?
The buy/sell signal for MITSUBISHI UFJ FINL-SPON ADR (MUFG) is buy as both the short term and long term trends are positive.