Logo image of MTU

MITSUBISHI UFJ FINL GROUP INC (MTU) Stock Technical Analysis

NYSE:MTU - New York Stock Exchange, Inc. - US6068221042

6.64  +0.02 (+0.3%)

Technical Rating and Analysis

0

Taking everything into account, MTU scores 0 out of 10 in our technical rating. MTU scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MTU is a bad performer in the overall market: 63% of all stocks are doing better.
MTU is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
MTU has an average volume of 1722920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MTU is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Weekly and Daily overview Charts
MITSUBISHI UFJ FINL GROUP INC / MTU Weekly stock chart
MITSUBISHI UFJ FINL GROUP INC / MTU Daily stock chart
Setup Rating and Analysis

6

Although the technical rating is bad, MTU does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.45, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

6.07

7.48

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 6.44 to 6.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @6.13 from a trend line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 7.00 to 7.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @7.41 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.56
Mansfield-0.4
10 Day High6.83
10 Day Low6.44
20 Day High7.01
20 Day Low6.44
52 Week High8.11
52 Week Low5.94
Performance
1 Week1.22%
2 Weeks-2.64%
1 Month-2.92%
3 Month-8.67%
6 Month3.11%
12 Month4.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)39.22
LBB6.45
UBB6.94
MITSUBISHI UFJ FINL GROUP INC / MTU Daily stock chart

MITSUBISHI UFJ FINL GROUP INC

NYSE:MTU (3/29/2018, 11:02:38 PM)

6.64

+0.02 (+0.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.3%
1 Week1.22%
2 Weeks-2.64%
1 Month-2.92%
3 Month-8.67%
6 Month3.11%
12 Month4.73%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%1.84%
ATR Inc-9.88%
Range Today0.12
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.56
Mansfield-0.4
10 Day High6.83
10 Day Low6.44
20 Day High7.01
20 Day Low6.44
52 Week High8.11
52 Week Low5.94
CS1 End6.45
CR1 Start7
Volume & EV
DER(3)1.99%
DER(5)1.9%
Volume989.40K
Volume Incr26.48%
Vol(5)1.82M
Vol(50)1.72M