MULLEN AUTOMOTIVE INC (MULN) Stock Technical Analysis
NASDAQ:MULN - Nasdaq - US62526P5052 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MULN. MULN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than MULN.
MULN is one of the lesser performing stocks in the Automobiles industry. 87% of 40 stocks in the same industry do better.
MULN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MULN is lagging the market.
In the last month MULN has a been trading in the 2.29 - 23.94 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MULN has an average volume of 11845100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of MULN is bad and it also does not present a 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
2.33
4.08
When analyzing the support we can see 2 important areas.
- Support @2.88 from a trend line in the daily time frame.
- A support zone ranging from 2.35 to 2.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.02
Mansfield-10
10 Day High21.28
10 Day Low2.29
20 Day High23.94
20 Day Low2.29
52 Week High47100
52 Week Low2.29
Performance
1 Week-76.16%
2 Weeks-82.6%
1 Month-87.9%
3 Month-98.54%
6 Month-99.82%
12 Month-99.99%
2 Year-100%
3 Year-100%
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)1.23
RSI(14)21.42
LBB0.43
UBB20.78
4.04
+1.68 (+71.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg71.19%
1 Week-76.16%
2 Weeks-82.6%
1 Month-87.9%
3 Month-98.54%
6 Month-99.82%
12 Month-99.99%
2 Year-100%
3 Year-100%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.92
ATR(20)%135.43%
ATR Inc-71.67%
Range Today2.4
ADR(20)3.03
ADR(20)%75.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.02
Mansfield-10
10 Day High21.28
10 Day Low2.29
20 Day High23.94
20 Day Low2.29
52 Week High47100
52 Week Low2.29
CS1 EndN/A
CR1 Start2.88
Volume & EV
DER(3)-1.85%
DER(5)-3.98%
Volume94.26M
Volume Incr-92.36%
Vol(5)1.38M
Vol(50)11.85M