MULLEN AUTOMOTIVE INC (MULN)       0.2045  -0.01 (-5.85%)

0.2045  -0.01 (-5.85%)

US62526P1093 - Common Stock - After market: 0.2055 +0 (+0.49%)

Technical Rating

0

Taking everything into account, MULN scores 0 out of 10 in our technical rating. 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.



MULN has an average volume of 183485000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than MULN.
MULN is part of the Automobiles industry. There are 33 other stocks in this industry, of which 82% are performing better than MULN.
MULN is currently trading near the lower end of its 52 week range, which is not a good sign. MULN is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MULN has a been trading in the 0.18 - 0.33 range, which is quite wide. It is currently trading near the lows of this range.

Statistics

1 Month 3 Months 6 Months 12 Months -32.10% -67.31% -83.90% -96.91% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 2.09 0.1809 - 7.5
MULN Weekly chart
MULN Daily chart

Support/Resistance Analysis


0.20

0.31
When analyzing the resistance we notice 3 important areas.
  • Resistance @0.23 from a trend line in the daily time frame.
  • Resistance @0.26 from a trend line in the weekly time frame.
  • A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

Setup Analysis

Setup Rating

3

The technical rating of MULN is bad and it also does not present a 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.


MULN Daily chart

MULLEN AUTOMOTIVE INC0.2045

NASDAQ:MULN (12/2/2022, 7:00:01 PM)-0.01 (-5.85%)

After market: 0.2055 +0 (+0.49%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Consumer Discretionary
GICS Industry Automobiles
Performance
Today -5.85% 1 Week 2.25%
2 Weeks -25.26% 1 Month -32.1%
3 Month -67.31% 6 Month -83.9%
Volatility
ATR(14) 0.03 ATR(20)% 16.36%
ATR Inc 14.53% Range Today 0.01
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 2.09 Mansfield -8.64
10 Day High 0.28 10 Day Low 0.18
20 Day High 0.33 20 Day Low 0.18
52 Week High 7.5 52 Week Low 0.18
CS1 End N/A CR1 Start 0.23
Volume & EV
DER(3) -6.13% DER(5) -4.58%
Volume 176.74M Volume Incr 8.81%
Vol(5) 215.84M Vol(50) 183.49M

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