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Mitsubishi UFJ Financial Group (MTU) Bullish Technical Alert - Trend Up 28.7%

Aug 18, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Mitsubishi UFJ Financial Group (NYSE:MTU) is trading 2.1% higher (up $0.13 to $6.23) today on volume of 135,198 shares. The stock has traded within a 52-week range of $3.71 and $9.19.

Mitsubishi UFJ Financial Group is currently above its 50-day moving average of $6.16 and above its 200-day moving average of $5.65.

SmarTrend is bullish on shares of MTU and our subscribers received an Uptrend alert on March 17, 2009 at $4.84, which has returned 28.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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