GRANITESHARES 2X LONG MU ETF (MULL) Technical Analysis
NASDAQ:MULL • US38747R6788
Current stock price
MULL Technical Rating and Analysis
Overall MULL 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, MULL 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, MULL did better than 99% of all other stocks. On top of that, MULL also shows a nice and consistent pattern of rising prices.
- MULL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MULL has a been trading in the 90.54 - 229.23 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MULL Weekly and Daily overview Charts
MULL Setup Rating and Analysis
Although MULL has an excellent technical rating, it does not offer a high quality setup 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.
More info and screens
MULL Support and Resistance Analysis
135.14
We found 1 important support area.
- Support @136.51 from a trend line in the weekly time frame.
MULL 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 MULL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MULL is up. |
| ChartMill Relative Strength | 99.87 | POSITIVE | MULL has a high relative strength, it outperformed 99.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MULL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MULL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MULL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.28 | NEUTRAL | The RSI value for MULL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.55 | POSITIVE | The MACD value suggests MULL has a positive trend. |
| Stochastics (14,3) | 92.31 | OVERBOUGHT | The high Stochastics value suggests MULL may be overbought. |
| Average True Range in percent/ATR (20) | 8.84 | HIGH VOLATILITY | The high ATR as a percentage value for MULL suggests high volalility. |
| Average Directional Index/ADX (14) | 22.3 | NEUTRAL | The ADX value for MULL suggests a possible start of a new trend. |
MULL Chart- and CandleStick Pattern Analysis
MULL Technicals: Chart, Performance Metrics, Trend & Indicators
219.44
+11.72 (+5.64%)
GRANITESHARES 2X LONG MU ETF / MULL TA FAQ
What is the ChartMill technical rating of GRANITESHARES 2X LONG MU ETF (MULL) stock?
ChartMill assigns a technical rating of 10 / 10 to MULL.
Can you provide the trend direction for GRANITESHARES 2X LONG MU ETF?
The current trend direction for GRANITESHARES 2X LONG MU ETF (MULL) is Bullish.
Can you provide the RSI signal for GRANITESHARES 2X LONG MU ETF?
GRANITESHARES 2X LONG MU ETF (MULL) has an RSI value of 67.2779. This indicates that the stock is currently neutral.
Can you provide the short term momentum for GRANITESHARES 2X LONG MU ETF?
The short term momentum for GRANITESHARES 2X LONG MU ETF (MULL) is positive.
What is the buy/sell signal for GRANITESHARES 2X LONG MU ETF (MULL) stock?
The buy/sell signal for GRANITESHARES 2X LONG MU ETF (MULL) is buy as both the short term and long term trends are positive.