Technical Analysis for MIELY - Mitsubishi Elect Cor

Grade Last Price % Change Price Change
grade A 27.88 0.47% 0.1300
MIELY closed up 0.47 percent on Friday, October 18, 2019, on approximately normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical MIELY trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Stochastic Sell Signal Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.47%
Narrow Range Bar Range Contraction 0.47%

Older signals for MIELY ...

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Basic chart:
Mitsubishi Electric Corporation is engaged in developing, manufacturing, sale and distribution of a range of electrical and electronic equipment. The Heavy Electric Machinery System offers turbine generators, electric motors, transformers, power electronics equipment and switchgears. The Industrial Mechatronic segment offers programmable controllers, inverters, servo, indicators and motors, among others. The Information Communication System segment offers wireless and satellite communication equipments, wired communication equipments, surveillance camera systems and others. The Electronic Device segment offers power modules, high frequency devices and liquid crystal display (LCD) devices. The Household Appliances segment offers LCD televisions (TVs), air conditioners, refrigerators, fans, microwave ovens and others. The Others segment offers logistics, real estate and advertising services. As of March 31, 2014, the Company had 167 subsidiaries and 37 associated companies.
Technology Real Estate Electronics Electromagnetism Microwave Advertising Services Display Technology Power Electronics Liquid Crystal Display Power Inverter Electric Motor Electrical And Electronic Equipment Teco Electric And Machinery
Is MIELY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicator Value
52 Week High 29.11
52 Week Low 20.96
Average Volume 60,195
200-Day Moving Average 25.7947
50-Day Moving Average 25.7064
20-Day Moving Average 26.9811
10-Day Moving Average 27.1366
Average True Range 0.6609
ADX 13.48
+DI 23.4995
-DI 21.2827
Chandelier Exit (Long, 3 ATRs ) 26.3973
Chandelier Exit (Short, 3 ATRs ) 28.1627
Upper Bollinger Band 27.9216
Lower Bollinger Band 26.0406
Percent B (%b) 0.98
BandWidth 6.971547
MACD Line 0.4473
MACD Signal Line 0.3872
MACD Histogram 0.0601
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 28.8700
Resistance 3 (R3) 28.9267 28.6533 28.7050
Resistance 2 (R2) 28.6533 28.4012 28.6250 28.6500
Resistance 1 (R1) 28.2667 28.2455 28.4600 28.2100 28.5950
Pivot Point 27.9933 27.9933 28.0900 27.9650 27.9933
Support 1 (S1) 27.6067 27.7412 27.8000 27.5500 27.1650
Support 2 (S2) 27.3333 27.5855 27.3050 27.1100
Support 3 (S3) 26.9467 27.3333 27.0550
Support 4 (S4) 26.8900