
DIREXION DAILY MU BULL 2X ET (MUU) Technical Analysis
NASDAQ:MUU • US25461A5285
Current stock price
MUU Technical Rating and Analysis
Overall MUU gets a technical rating of 5 out of 10. In the last year, MUU was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month MUU has a been trading in the 102.47 - 242.52 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, MUU did better than 99% of all other stocks. We also observe that the gains produced by MUU over the past year are nicely spread over this period.
- MUU has an average volume of 2605820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- MUU is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MUU is lagging the market slightly.
- Volume is considerably higher in the last couple of days.
MUU Weekly and Daily overview Charts
MUU Setup Rating and Analysis
MUU has an average technical rating and it also 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
MUU Support and Resistance Analysis
102.36
When analyzing the support we can see 4 important areas.
- Support @136.66 from a horizontal line in the weekly time frame.
- Support @111.71 from a trend line in the daily time frame.
- Support @107.38 from a trend line in the weekly time frame.
- Support @103.39 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 140.44 to 141.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
MUU 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 | NEUTRAL | NEUTRAL | The long term trend for MUU is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MUU is down. |
| ChartMill Relative Strength | 99.81 | POSITIVE | MUU has a high relative strength, it outperformed 99.81% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MUU is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MUU is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MUU is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.22 | NEUTRAL | The RSI value for MUU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -6.64 | NEGATIVE | The MACD value suggests MUU has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.65 | NEUTRAL | The Stochastics value for MUU is a neutral value. |
| Average True Range in percent/ATR (20) | 16.55 | HIGH VOLATILITY | The high ATR as a percentage value for MUU suggests high volalility. |
| Average Directional Index/ADX (14) | 21.63 | NEUTRAL | The ADX value for MUU suggests a possible start of a new trend. |
MUU Chart- and CandleStick Pattern Analysis
MUU Technicals: Chart, Performance Metrics, Trend & Indicators
140.43
-1.34 (-0.95%)
DIREXION DAILY MU BULL 2X ET / MUU TA FAQ
Can you provide the ChartMill technical rating for DIREXION DAILY MU BULL 2X ET?
ChartMill assigns a technical rating of 5 / 10 to MUU.
What is the trend direction for MUU stock?
The current trend direction for DIREXION DAILY MU BULL 2X ET (MUU) is Bearish.
What is the RSI signal for DIREXION DAILY MU BULL 2X ET (MUU) stock?
DIREXION DAILY MU BULL 2X ET (MUU) has an RSI value of 42.2203. This indicates that the stock is currently neutral.
What is the short term momentum for MUU stock?
The short term momentum for DIREXION DAILY MU BULL 2X ET (MUU) is negative.