Technical analysis from Mitula (MUA.AX, ASX:MUA.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Mitula
+ Share

Mitula  has broken the first DeMark resistance point ($0.705) [Bullish]
Demarks Pivot Points /
Mitula has broken the first DeMark resistance point ($0.705) [Bullish]

Mitula has broken the first DeMark resistance point ($0.7050) [Bullish]. Look for a long limit order entry near this point. Exit price for MUA should be set @$0.71 & Stoploss for Mitula should be set at $0.7

Sellers are now keener than buyers for Mitula  & are driving the price down.
Close Tod Vs Close Yest /
Sellers are now keener than buyers for Mitula & are driving the price down.

[BEARISH]: Mitula sellers are keener than buyers and are driving the price down. This is the first day of price decline for MUA adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -0.7 & the greatest daily negative change this year has been -12.7. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -45%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -7.2%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily downward movement has been -0.700000%

Relative Strength Index /
Relative Strength Overbought signal is still current for Mitula [Bearish]

[BEARISH]: Mitula is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @72.8

Simple Moving Average /
The SMA trend following signal is now active for Mitula [Bearish]

[BEARISH]: Mitula currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.7%.

Sine Weighted Moving Average /
[Bearish]: Trend following indicator for MUA highlights downward price direction is likely

[BEARISH]: Mitula currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.7%.

Aroon Oscillator /
Recent trading indicates Aroon downward trend direction likely for MUA [Downtrend]

[BEARISH]: Mitula has a current ARU(25) of 4 and a current ARD(25) of 12

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MACD /
MACD oscillator remains negative for MUA

[BEARISH]: Mitula currently has negative MACD of -0.0089. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -1.4%.

Mitula : Weighted Moving Average(5) (0.708)
Weighted Moving Average /
Mitula : Weighted Moving Average(5) (0.708)

[BEARISH]: Mitula currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.7%.

Mitula  has failed to achieve a lower high of $0.71 (-0.7 %)
High Price /
Mitula has failed to achieve a lower high of $0.71 (-0.7 %)

MUA: HIGH Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BULLISH (3) 15 Jun: NEUTRAL

Daily Volume Index /
MUA: Current trading activity signals DVI distribution is active

[BEARISH]: Mitula current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1290.

Volume Rate of Change /
Mitula currently has negative volume rate of change for -53

[BEARISH]: Mitula currently has negative rate of change of -53%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.7%.

Moving Average Envelope /
Overbought signal continues for Mitula indicating downward price movement is likely

[BEARISH]: Mitula current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 0.7035.

Price is now trading below the Triangular Moving Average(5) for MUA
Triangular Moving Average /
Price is now trading below the Triangular Moving Average(5) for MUA

[BEARISH]: Mitula currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.7%.

[Bearish]: Mitula  has opened -0.7 % weaker
Opening Price /
[Bearish]: Mitula has opened -0.7 % weaker

[BEARISH]: Mitula opening price has gapped down. Currently, the OPEN is $0.705 (-0.7 %).

Ulcer Index /
Ulcer index has reduced in stress level & low drawdown is expected for Mitula

[BEARISH]: Mitula UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.225.

On Balance Volume /
Traders are currently accumulating Mitula

[BULLISH]: Mitula current price has highlighted recent accumulation. Currently, the OBV is 1.03306e+007.

Volume /
[Bullish]: Mitula has beaten previous volume by 63.3

[BULLISH]: Mitula current volume uptrend in the first timeframe. Volume for MUA is 520131 (63.3).

Weaker price performance from MUA has seen a lower low of -0.7 % [Downtrend]
Low Price /
Weaker price performance from MUA has seen a lower low of -0.7 % [Downtrend]

[BULLISH]: Mitula current downtrend in the first timeframe. Currently, the Low is $0.7 (-0.7 %).

Mitula  has signalled an Average Directional Index strong trend present
Average Directional Movement /
Mitula has signalled an Average Directional Index strong trend present

[Trend]: ADX for MUA has confirmed a strong trend is present. Mitula has an ATR(14) of 0.017, a DX of 38.51 & an ADX(14) of 46.36

Price is now trading below the Exponential Moving Average(5) for MUA
Exponential Moving Average /
Price is now trading below the Exponential Moving Average(5) for MUA

[BEARISH]: Mitula currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.7%.

Woodie Pivot Point /
Woodie pivot point for MUA is bearish. Stoploss should be positioned @$0.715

Mitula has broken the first Woodie support point ($0.7) [Bearish]. Look for a short limit order entry near this point. Exit price for MUA should be set @$0.695 & short position stoploss for Mitula should be set at $0.715

Elders Force Index /
Elders Force Index (-436) has signalled bearish conditions in recent trading for MUA

[BEARISH]: Mitula current price has highlighted recent selling pressure. Currently, the Elders Force Index is -436.

Ease of Movement /
Recent trading was only supported by high volume for Mitula

MUA: EOM Current Signal -> (1) 19 Jun: BEARISH HARD (2) 18 Jun: BULLISH HARD (3) 15 Jun: NEUTRAL

Percentage Price /
Mitula : Price Percentage Oscillator (4.202)

[BULLISH]: Mitula currently has positive PPO 4.202%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Price is currently above the displaced moving average for MUA [Bullish]
Detrended Price Oscillator /
Price is currently above the displaced moving average for MUA [Bullish]

[BULLISH]: Mitula currently has a confirmed uptrend. Price is currently above the displaced moving average for MUA. Currently, the return on DPO20 is -0.7%.

Mitula  has moved below the S1 pivot point ($0.7) [Bearish]
Pivot Points /
Mitula has moved below the S1 pivot point ($0.7) [Bearish]

Mitula has broken the first support point ($0.7) [Bearish]. Look for a short limit order entry near this point. Exit price for MUA should be set @$0.695 & short position stoploss for Mitula should be set between $0.715 & $0.72

Closing Price /
Mitula : Daily performance is -0.7 % [Downtrend]

[BEARISH]: Mitula current downtrend in the first timeframe. Currently, the Close is $0.705.

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