MULESOFT INC (MULE) Technical Analysis
NYSE:MULE
Current stock price
MULE Technical Rating and Analysis
Overall MULE 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, MULE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MULE is one of the better performing stocks in the market, outperforming 97% of all stocks.
- A new 52 week high is currently being made by MULE, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so MULE is leading the market.
- MULE has an average volume of 4129720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MULE has a been trading in a tight range between 43.93 and 44.75.
MULE Weekly and Daily overview Charts
MULE Setup Rating and Analysis
MULE has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 44.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 44.49, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MULE Support and Resistance Analysis
24.08
We found 4 important support areas.
- A support zone ranging from 44.14 to 44.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 38.94 to 39.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.07 from a trend line in the weekly time frame.
- Support @24.32 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 44.63 to 44.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
MULE 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 | UP | POSITIVE | The long term trend for MULE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MULE is up. |
| ChartMill Relative Strength | 97.57 | POSITIVE | MULE has a high relative strength, it outperformed 97.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MULE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MULE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MULE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.72 | OVERBOUGHT | The high RSI value suggests MULE may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests MULE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.23 | NEUTRAL | The Stochastics value for MULE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for MULE suggests low volalility. |
MULE Chart- and CandleStick Pattern Analysis
MULE Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 44.74 | 44.13 | 0.61 (1.36%) | 25.00% |
| An entry @44.74. This is a Buy Stop order right above the resistance zone. | An exit @44.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.61 points, which is 1.36%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.34%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MULE Technicals: Chart, Performance Metrics, Trend & Indicators
44.57
-0.01 (-0.02%)
MULESOFT INC / MULE TA FAQ
Can you provide the ChartMill technical rating for MULESOFT INC?
ChartMill assigns a technical rating of 9 / 10 to MULE.
Can you provide the trend direction for MULESOFT INC?
The current trend direction for MULESOFT INC (MULE) is Bullish.
What is the RSI signal for MULESOFT INC (MULE) stock?
MULESOFT INC (MULE) has an RSI value of 72.7187. This indicates that the stock is currently overbought.
What is the MACD signal for MULESOFT INC (MULE) stock?
The MACD indicator for MULESOFT INC (MULE) has a value of -0.433943, indicating a bearish trend.
What is the buy/sell signal for MULE stock?
The buy/sell signal for MULESOFT INC (MULE) is buy as both the short term and long term trends are positive.