Logo image of MICT

MICT INC (MICT) Stock Technical Analysis

NASDAQ:MICT - Nasdaq - US55328R1095 - Common Stock - Currency: USD

0.9261  +0.03 (+2.9%)

After market: 0.9261 0 (0%)

Technical Rating and Analysis

3

Overall MICT gets a technical rating of 3 out of 10. 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 short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, MICT did better than 82% of all other 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 68% of 125 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.
Weekly and Daily overview Charts
MICT INC / MICT Weekly stock chart
MICT INC / MICT Daily stock chart
Setup Rating and Analysis

4

MICT has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

0.60

1.15

We found 7 important support 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.

We can see 4 important resistance 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.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.83
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
Performance
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
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)43.08
LBB0.84
UBB1.17
MICT INC / MICT Daily stock chart

MICT INC

NASDAQ:MICT (2/24/2023, 8:00:01 PM)

After market: 0.9261 0 (0%)

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
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