MUSQ GLOBAL MUSIC INDUSTRY I (MUSQ) Stock Technical Analysis
NYSEARCA:MUSQ - NYSE Arca - US3015054832 - ETF - Currency: USD
Taking everything into account, MUSQ scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MUSQ is only an average performer.
Warning: MUSQ has an average volume of 574 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
MUSQ is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the yearly performance of all stocks, we notice that MUSQ is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month MUSQ has a been trading in a tight range between 27.52 and 28.99.
Considerably lower volume is observed in the last couple of days.
Although MUSQ 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
21.61
29.25
3 important support areas can be observed.
- A support zone ranging from 28.36 to 28.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.49 from a horizontal line in the daily time frame.
- Support @21.83 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 28.96 to 28.96. 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 | UP | POSITIVE | The short term trend for MUSQ is up. |
| ChartMill Relative Strength | 77.24 | POSITIVE | MUSQ has a high relative strength, it outperformed 77.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUSQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUSQ is above 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) | 66.17 | NEUTRAL | The RSI value for MUSQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MUSQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.09 | NEUTRAL | The Stochastics value for MUSQ is a neutral value. |
| Average True Range in percent/ATR (20) | 0.91 | LOW VOLATILITY | The low ATR as a percentage value for MUSQ suggests low volalility. |
| Average Directional Index/ADX (14) | 23.34 | NEUTRAL | The ADX value for MUSQ suggests a possible start of a new trend. |
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)
NYSEARCA:MUSQ (7/17/2025, 8:04:02 PM)
28.9478
+0.28 (+0.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.99%
1 Week1.63%
2 Weeks1.07%
1 Month5.02%
3 Month21.88%
6 Month20.46%
12 Month19.09%
2 Year12.13%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%0.91%
ATR Inc-24.02%
Range Today0.3
ADR(20)0.15
ADR(20)%0.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.24
Mansfield0.74
10 Day High28.95
10 Day Low28.15
20 Day High28.99
20 Day Low27.52
52 Week High28.99
52 Week Low20.45
CS1 End28.76
CR1 Start28.96
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-74.19%
Vol(5)160
Vol(50)574