Taking everything into account, MUU scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MUU is showing a nice and steady performance.
Although MUU 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
59.96
We found 3 important support areas.
- A support zone ranging from 71.31 to 71.60. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @67.37 from a trend line in the daily time frame.
- Support @60.57 from a trend line in the daily time frame.
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 MUU is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MUU is up. |
| ChartMill Relative Strength | 99.6 | POSITIVE | MUU has a high relative strength, it outperformed 99.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MUU is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MUU is above the rising 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) | 65.93 | NEUTRAL | The RSI value for MUU is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.27 | POSITIVE | The MACD value suggests MUU has a positive trend. |
| Stochastics (14,3) | 94.58 | OVERBOUGHT | The high Stochastics value suggests MUU may be overbought. |
| Average True Range in percent/ATR (20) | 8.43 | HIGH VOLATILITY | The high ATR as a percentage value for MUU suggests high volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for MUU suggests a weak or negative trend. |
101.92
+7.26 (+7.67%)
DX DAILY MU BULL 2X SHS / MUU FAQ
Can you provide the ChartMill technical rating for DX DAILY MU BULL 2X SHS?
ChartMill assigns a technical rating of 10 / 10 to MUU.
Can you provide the trend direction for DX DAILY MU BULL 2X SHS?
The current trend direction for DX DAILY MU BULL 2X SHS (MUU) is Bullish.
What is the RSI signal for MUU stock?
DX DAILY MU BULL 2X SHS (MUU) has an RSI value of 65.9265. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DX DAILY MU BULL 2X SHS?
The MACD indicator for DX DAILY MU BULL 2X SHS (MUU) has a value of 2.27148, indicating a bullish trend.
What is the buy/sell signal for DX DAILY MU BULL 2X SHS (MUU) stock?
The buy/sell signal for DX DAILY MU BULL 2X SHS (MUU) is buy as both the short term and long term trends are positive.