MULLEN AUTOMOTIVE INC (MULN)

US62526P4063 - Common Stock

2.6  -0.31 (-10.65%)

After market: 2.66 +0.06 (+2.31%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to MULN. MULN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MULN is a bad performer in the overall market: 100% of all stocks are doing better.
MULN is part of the Automobiles industry. There are 39 other stocks in this industry, of which 78% are performing better than MULN.
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 2.57 - 5.59 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.
Weekly and Daily overview Charts
MULN Weekly chart
MULN Daily chart
Setup Rating and Analysis

2

The technical rating of MULN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

2.57

3.12

When analyzing the resistance we notice one important area.

  • Resistance @3.09 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.49
Mansfield-9.87
10 Day High4.29
10 Day Low2.57
20 Day High5.59
20 Day Low2.57
52 Week High2686.5
52 Week Low2.57
Performance
1 Week-30.94%
2 Weeks-35%
1 Month-43.11%
3 Month-66.75%
6 Month-89.39%
12 Month-99.89%
2 Year-99.99%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.05
RSI(14)22.44
LBB2.5
UBB4.92
MULN Daily chart

MULLEN AUTOMOTIVE INC

NASDAQ:MULN (4/19/2024, 7:05:34 PM)

After market: 2.66 +0.06 (+2.31%)

2.6

-0.31 (-10.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-10.65%
1 Week-30.94%
2 Weeks-35%
1 Month-43.11%
3 Month-66.75%
6 Month-89.39%
12 Month-99.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%14.48%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.29
10 Day Low2.57
20 Day High5.59
20 Day Low2.57
52 Week High2686.5
52 Week Low2.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume915.20K
Volume Incr10.38%
Vol(5)800.28K
Vol(50)698.94K