MICT INC (MICT) Technical Analysis
NASDAQ:MICT • US55328R1095
Current stock price
0.9261 USD
+0.03 (+2.9%)
At close:
0.9261 USD
0 (0%)
After Hours:
MICT Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to MICT. MICT was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- In the last month MICT has a been trading in the 0.82 - 1.15 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When comparing the yearly performance of all stocks, we notice that MICT is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- MICT is an average performer in the Electronic Equipment, Instruments & Components industry, it outperforms 56% of 124 stocks in the same industry.
- MICT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MICT is lagging the market slightly.
MICT Weekly and Daily overview Charts
MICT Setup Rating and Analysis
MICT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
MICT Support and Resistance Analysis
0.60
1.15
When analyzing the support we can see 7 important areas.
- Support @0.89 from a horizontal line in the daily time frame.
- Support @0.81 from a horizontal line in the weekly time frame.
- Support @0.77 from a trend line in the daily time frame.
- Support @0.75 from a trend line in the weekly time frame.
- Support @0.68 from a trend line in the weekly time frame.
- Support @0.66 from a trend line in the daily time frame.
- Support @0.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.97 to 0.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.08 from a trend line in the daily time frame.
- Resistance @1.11 from a trend line in the weekly time frame.
- Resistance @1.14 from a trend line in the weekly time frame.
MICT Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MICT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MICT is down. |
| ChartMill Relative Strength | 82.83 | POSITIVE | MICT has a high relative strength, it outperformed 82.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MICT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MICT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MICT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.08 | NEUTRAL | The RSI value for MICT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MICT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.53 | NEUTRAL | The Stochastics value for MICT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.19 | HIGH VOLATILITY | The high ATR as a percentage value for MICT suggests high volalility. |
| Average Directional Index/ADX (14) | 28.46 | POSITIVE | The high ADX value value for MICT suggests a strong trend. |
MICT Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
MICT Technicals: Chart, Performance Metrics, Trend & Indicators
0.9261
+0.03 (+2.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.9%
1 Week-6.57%
2 Weeks-10.09%
1 Month-13.45%
3 Month-28.76%
6 Month10.32%
12 Month43.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.19%
ATR Inc-30.52%
Range Today0.06
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.83
3 months CRSN/A
6 months CRSN/A
Mansfield2.18
10 Day High1.14
10 Day Low0.82
20 Day High1.15
20 Day Low0.82
52 Week High1.35
52 Week Low0.41
CS1 End0.89
CR1 Start0.97
Volume & EV
DER(3)-3.29%
DER(5)-4.12%
Volume186.00K
Volume Incr-27.26%
Vol(5)313.34K
Vol(50)333.31K
MICT INC / MICT TA FAQ
Can you provide the ChartMill technical rating for MICT INC?
ChartMill assigns a technical rating of 2 / 10 to MICT.
What is the trend direction for MICT stock?
The current trend direction for MICT INC (MICT) is Bearish.
What is the RSI signal for MICT INC (MICT) stock?
MICT INC (MICT) has an RSI value of 43.0818. This indicates that the stock is currently neutral.
What is the MACD signal for MICT INC (MICT) stock?
The MACD indicator for MICT INC (MICT) has a value of -0.0223042, indicating a bearish trend.
What is the short term momentum for MICT stock?
The short term momentum for MICT INC (MICT) is negative.