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Is MUFG building bullish momentum? Crossed Above 20 Day Moving Average shows up after climbing 2.7%
MUFG finished higher by 2.7% on Wednesday, August 5th, trading 1.0 times its typical volume. consolidation patterns formed: NR7 and NR7-2 and Narrow Range Bar and Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 22.33, 22.25 & 22.09, with resistance at 22.57, 22.73 & 22.81.
Current SwingTradeBot Technical Rating of MUFG: A
There’s more where that came from. See all of today’s signals for MUFG here.
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