MULLEN AUTOMOTIVE INC (MULN) Technical Analysis
NASDAQ:MULN • US62526P7033
Current stock price
0.066 USD
+0 (+3.13%)
At close:
0.065 USD
0 (-1.52%)
After Hours:
MULN Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MULN. MULN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than MULN.
- MULN is one of the lesser performing stocks in the Automobiles industry. 88% of 35 stocks in the same industry do better.
- MULN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MULN is lagging the market.
- In the last month MULN has a been trading in the 0.06 - 0.73 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- MULN has an average volume of 64268400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MULN Weekly and Daily overview Charts
MULN Setup Rating and Analysis
MULN has a poor technical rating and the quality of the setup is also not perfect 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
MULN Support and Resistance Analysis
MULN 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 | DOWN | NEGATIVE | The long term trend for MULN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MULN is down. |
| ChartMill Relative Strength | 0.01 | NEGATIVE | MULN has a low relative strength, it was outperformed by 99.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MULN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MULN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MULN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.95 | OVERSOLD | The low RSI value suggests MULN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 37.49 | POSITIVE | The MACD value suggests MULN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 2.82 | OVERSOLD | The low Stochastics value suggests MULN may be oversold. |
| Average True Range in percent/ATR (20) | 91.38 | HIGH VOLATILITY | The high ATR as a percentage value for MULN suggests high volalility. |
| Average Directional Index/ADX (14) | 26.27 | POSITIVE | The high ADX value value for MULN suggests a strong trend. |
MULN Chart- and CandleStick Pattern Analysis
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)
MULN Technicals: Chart, Performance Metrics, Trend & Indicators
0.066
+0 (+3.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg3.13%
1 Week-26.17%
2 Weeks-54.07%
1 Month-91.32%
3 Month-99.9%
6 Month-100%
12 Month-100%
2 Year-100%
3 Year-100%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%91.38%
ATR Inc-66.07%
Range Today0.01
ADR(20)0.05
ADR(20)%83.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.01
3 months CRSN/A
6 months CRSN/A
Mansfield-10
10 Day High0.15
10 Day Low0.06
20 Day High0.73
20 Day Low0.06
52 Week High83400000
52 Week Low0.06
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3.74%
DER(5)-3.31%
Volume226.15M
Volume Incr218.74%
Vol(5)192.71M
Vol(50)64.27M
MULLEN AUTOMOTIVE INC / MULN TA FAQ
Can you provide the ChartMill technical rating for MULLEN AUTOMOTIVE INC?
ChartMill assigns a technical rating of 0 / 10 to MULN.
What is the trend direction for MULN stock?
The current trend direction for MULLEN AUTOMOTIVE INC (MULN) is Bearish.
What is the RSI signal for MULN stock?
MULLEN AUTOMOTIVE INC (MULN) has an RSI value of 20.9489. This indicates that the stock is currently oversold.
What is the MACD signal for MULLEN AUTOMOTIVE INC (MULN) stock?
The MACD indicator for MULLEN AUTOMOTIVE INC (MULN) has a value of 37.493, indicating a bullish trend.
Can you provide the short term momentum for MULLEN AUTOMOTIVE INC?
The short term momentum for MULLEN AUTOMOTIVE INC (MULN) is negative.