Mullen Automotive Inc (MULN): The long term indicators on the stock say Sell today

Mullen Automotive Inc (MULN) saw an uptrend of 10.47% in the recent trading with $0.17 being its most recent. The current price level -100.00% lower than the highest price of $3677940.00 marked by the stock while trading over the past 52-weeks, whereas it is 14.33% higher than the lowest price of $0.15 the company dropped to over past 52-weeks. The latest news story on MULN appeared in (TipRanks) under the title “Mullen Automotive enters settlement agreement with GEM Group”.

Squeezing the time span to 30 day period shows us the stock is currently trading -85.95% below one month high and is +16.53% above of the lowest during that time. Looking into the simple moving average, Mullen Automotive Inc (MULN)’s stock stands at a SMA-50 of $20.7460 while that of 5-day is reading $0.1650.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and MULN’s SMA-200 as of now is $46,000.6790.

Mullen Automotive Inc Earnings – What Happened With MULN

Coming around sales and income figures on MULN Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.

Mullen Automotive Inc – Insider Activity and Holdings

Technical Analysis of Mullen Automotive Inc (NASDAQ:MULN) stock

To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Mullen Automotive Inc (MULN), we notice that the stock’s 20-day average volume is at 14,144,980 shares and 100% of short term indicators are suggesting the stock as Sell. Medium term indicators at an average of 100% are spotting the stock at Sell with its 50-day average volume of 6,463,325 shares. And to end, MULN’s 100-day average volume is 3,244,289 shares with 100% of the long-term indicators pointing towards Sell for the stock.