Is Muln stock buy or sell today
6/5/2025 11:19pm
**Mullen Automotive (MULN) stock is currently showing bearish signals**, and several factors suggest a bearish outlook for the day:
1. **Technical Indicators Suggest Downturn**: The MACD (Moving Average Convergence Divergence) value at 979.9 is significantly high, indicating potential price momentum downward as it crosses the signal line. The RSI (Relative Strength Index) at 42.27 is near the oversold threshold, suggesting that the stock may have further downside potential. The KDJ (Stochastic Oscillator) at 42.43 also points to a potential reversal or a continued downtrend, depending on the direction of the momentum.
|code|Ticker|Name|Date|Boll|RSI|KDJ|MACD|market_code|
|---|---|---|---|---|---|---|---|---|
|MULN|MULN.O|Mullen Automotive|20250605|15.8745|42.2662|42.3514|979.9065|186|
2. **Recent Performance**: The stock has experienced a significant drop of 31.68%, with a closing price of $11.0 on June 5, 2025. This recent volatility indicates a potential continuation of downward trend.
|code|Ticker|Name|Date|Closing Price|market_code|
|---|---|---|---|---|---|
|MULN|MULN.O|Mullen Automotive|20250605|11.39|186|
3. **Market Sentiment**: Despite the positive news of regaining control of Bollinger Motors and the completion of a reverse stock split to regain Nasdaq compliance, the stock is still showing a weak financial health rating and a high debt-to-capital ratio. These factors could contribute to bearish sentiment among investors.
4. **Lack of Positive Analyst Ratings**: There are no available data or information regarding positive analyst ratings or price target increases for MULN. This lack of support from analysts may contribute to a bearish sentiment among investors.
In conclusion, given the technical indicators, recent performance, market sentiment, and lack of positive analyst ratings, MULN stock appears to be a **SELL** today. Investors should exercise caution and consider these factors before making any investment decisions.