Technical Analysis for MUFG - Mitsubishi UFJ Financial Group, Inc.

Grade Last Price % Change Price Change
C 10.21 0.69% 0.07
MUFG closed up 0.69 percent on Monday, May 6, 2024, on 84 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 13
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Bollinger Band Squeeze Range Contraction 0.69%
Gapped Up Strength 0.69%
Crossed Above 20 DMA Bullish 1.90%
Bollinger Band Squeeze Range Contraction 1.90%
Narrow Range Bar Range Contraction 1.90%

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Profile

Mitsubishi UFJ Financial Group, Inc. Description

Mitsubishi UFJ Financial Group, Inc., a bank holding company, provides financial services in Japan and internationally. Its Retail Banking Business Group segment offers a range of products and services, such as bank deposits, loans, asset management and administration services, investment products, and settlement services. This segment also provides annuity, single premium whole life, flat-rate premium whole life, medical, cancer, and nursing-care insurance products; testamentary trust services; housing loans; Internet banking services; and credit cards. The company's Corporate Banking Business Group segment provides loans and fund management, and remittance and foreign exchange services; securities businesses, syndicated loans, and structured finance; investment banking services; and transaction and trust banking services. Its Trust Assets Business Group segment offers asset management and administration services for products, such as pension trusts and security trusts. This segment also provides a range of services to corporate and other pension funds comprising pension fund management and administration, advice on pension schemes, and payment of benefits to scheme members. The company's Global Business Group segment offers project finance, export credit agency, and financing through asset-backed commercial papers; and investment banking services, such as debt and equity issuance and M&A advisory services, as well as consumer finance, investment, asset management, and other financial products and services to individuals, large corporations, financial institutions, and sovereign and multinational organizations. Its Global Markets Business Group segment offers financing, hedging, and investing solutions to retail, corporate, institutional, and governmental customers; and asset and liability management services. Mitsubishi UFJ Financial Group, Inc. was founded in 1880 and is headquartered in Tokyo, Japan.


Classification

Sector: Financial Services
Industry: Banks - Global
Keywords: Bank Structured Finance Insurance Products Financial Products Investment Bank Trust Services Investment Product Asset Management Investment Banking Advisory Services Consumer Finance Internet Banking Services Investment Banking Services Corporate Banking Asset And Liability Management Project Finance Bank Deposits Commercial Paper Liability Management Settlement Services Foreign Exchange Services Syndicated Loan Care Insurance Products Fund Management Pension Fund Management Liability Management Services Mitsubishi Ufj Financial Group

Is MUFG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 11.215
52 Week Low 6.32
Average Volume 2,590,766
200-Day Moving Average 8.93
50-Day Moving Average 10.20
20-Day Moving Average 9.98
10-Day Moving Average 10.03
Average True Range 0.15
RSI (14) 57.26
ADX 9.7
+DI 36.67
-DI 27.77
Chandelier Exit (Long, 3 ATRs) 9.85
Chandelier Exit (Short, 3 ATRs) 10.06
Upper Bollinger Bands 10.26
Lower Bollinger Band 9.71
Percent B (%b) 0.91
BandWidth 5.52
MACD Line -0.01
MACD Signal Line -0.04
MACD Histogram 0.0305
Fundamentals Value
Market Cap 121.3 Billion
Num Shares 11.9 Billion
EPS 1.14
Price-to-Earnings (P/E) Ratio 8.96
Price-to-Sales 0.03
Price-to-Book 0.88
PEG Ratio 0.89
Dividend 36.50
Dividend Yield 357.49%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.36
Resistance 3 (R3) 10.35 10.30 10.34
Resistance 2 (R2) 10.30 10.26 10.30 10.33
Resistance 1 (R1) 10.25 10.23 10.28 10.26 10.32
Pivot Point 10.20 10.20 10.21 10.20 10.20
Support 1 (S1) 10.15 10.16 10.17 10.16 10.10
Support 2 (S2) 10.10 10.13 10.10 10.09
Support 3 (S3) 10.05 10.10 10.08
Support 4 (S4) 10.06