MUSQ GLOBAL MUSIC INDUSTRY I (MUSQ) Stock Technical Analysis
USA - NYSEARCA:MUSQ - US3015054832 - ETF
Taking everything into account, MUSQ scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
MUSQ has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 29.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 29.13, a Stop Loss order could be placed below this zone.
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21.99
When analyzing the support we can see 3 important areas.
- A support zone ranging from 29.01 to 29.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.37 to 28.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.21 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 29.28 to 29.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 30.16 to 30.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MUSQ is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MUSQ is neutral. |
| ChartMill Relative Strength | 74.45 | POSITIVE | MUSQ has a high relative strength, it outperformed 74.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MUSQ is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MUSQ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MUSQ is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.53 | NEUTRAL | The RSI value for MUSQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MUSQ has a positive trend. |
| Stochastics (14,3) | 60.36 | NEUTRAL | The Stochastics value for MUSQ is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for MUSQ suggests low volalility. |
| Average Directional Index/ADX (14) | 12.35 | NEGATIVE | The low ADX value for MUSQ suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 29.61 | 29.00 | 0.61 (2.06%) | 25.00% |
| An entry @29.61. This is a Buy Stop order right above the resistance zone. | An exit @29.00. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.61 points, which is 2.06%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.52%. |
- 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.
NYSEARCA:MUSQ (10/31/2025, 8:04:02 PM)
29.2133
+0.32 (+1.11%)
MUSQ GLOBAL MUSIC INDUSTRY I / MUSQ FAQ
What is the ChartMill technical rating of MUSQ GLOBAL MUSIC INDUSTRY I (MUSQ) stock?
ChartMill assigns a technical rating of 7 / 10 to MUSQ.
What is the current trend direction of MUSQ GLOBAL MUSIC INDUSTRY I (MUSQ) stock?
The current trend direction for MUSQ GLOBAL MUSIC INDUSTRY I (MUSQ) is Bullish.
Can you provide the RSI signal for MUSQ GLOBAL MUSIC INDUSTRY I?
MUSQ GLOBAL MUSIC INDUSTRY I (MUSQ) has an RSI value of 50.5302. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MUSQ GLOBAL MUSIC INDUSTRY I?
The short term momentum for MUSQ GLOBAL MUSIC INDUSTRY I (MUSQ) is neutral.