As this happened, BofA Securities upgraded its Mitsubishi UFJ Financial Group, Inc. ADR [MUFG] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in mid January from “a Hold” to “a Buy”. Goldman also remained covering MUFG and has decreased its forecast on July 08, 2020 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of MUFG
On Tuesday, Mitsubishi UFJ Financial Group, Inc. ADR [NYSE:MUFG] saw its stock jump 1.89% to $11.88. Over the last five days, the stock has gained 10.10%. Mitsubishi UFJ Financial Group, Inc. ADR shares have risen nearly 1.37% since the year began. Nevertheless, the stocks have risen 19.28% over the past one year. While a 52-week high of $15.03 was reached on 03/21/25, a 52-week low of $8.75 was recorded on 04/07/25. SMA at 50 days reached $12.92, while 200 days put it at $11.54.
Levels Of Support And Resistance For MUFG Stock
The 24-hour chart illustrates a support level at 11.80, which if violated will result in even more drops to 11.72. On the upside, there is a resistance level at 12.00. A further resistance level may holdings at 12.12. The Relative Strength Index (RSI) on the 14-day chart is 42.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.37%. Stochastics %K at 30.18% indicates the stock is a holding.
How much short interest is there in Mitsubishi UFJ Financial Group, Inc. ADR?
A steep rise in short interest was recorded in Mitsubishi UFJ Financial Group, Inc. ADR stocks on 2025-03-31, growing by 8.2 million shares to a total of 18.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 10.65 million shares. There was a rise of 43.49%, which implies that there is a positive sentiment for the stock.
