MIMECAST LTD (MIME)

GB00BYT5JK65 - Common Stock

79.92  +0.03 (+0.04%)

After market: 79.96 +0.04 (+0.05%)

Technical Rating and Analysis

10

Taking everything into account, MIME scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MIME has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MIME is one of the better performing stocks in the market, outperforming 96% of all stocks. On top of that, MIME also shows a nice and consistent pattern of rising prices.
MIME is part of the Software industry. There are 277 other stocks in this industry. MIME outperforms 93% of them.
MIME is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MIME is lagging the market slightly.
MIME has an average volume of 1390370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MIME has a been trading in a tight range between 79.43 and 79.96.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MIME Weekly chart
MIME Daily chart
Setup Rating and Analysis

8

MIME has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 79.75, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MIME in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

78.14

81.16

When analyzing the support we notice one important area.

  • A support zone ranging from 78.93 to 79.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 80.27 to 80.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS96.18
Mansfield2.68
10 Day High79.96
10 Day Low79.43
20 Day High79.96
20 Day Low79.43
52 Week High85.48
52 Week Low47.4
Performance
1 Week0.06%
2 Weeks0.3%
1 Month0.34%
3 Month0.86%
6 Month-3.94%
12 Month65.74%
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)62.27
LBB79.51
UBB79.95
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
79.9779.420.55 (0.69%)25.00%
An entry @79.97. This is a Buy Stop order right above the 10 day high.An exit @79.42. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.55 points, which is 0.69%.For a 0.17% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MIME Daily chart

MIMECAST LTD

NASDAQ:MIME (5/18/2022, 7:00:01 PM)

After market: 79.96 +0.04 (+0.05%)

79.92

+0.03 (+0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.04%
1 Week0.06%
2 Weeks0.3%
1 Month0.34%
3 Month0.86%
6 Month-3.94%
12 Month65.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%0.17%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High79.96
10 Day Low79.43
20 Day High79.96
20 Day Low79.43
52 Week High85.48
52 Week Low47.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.70M
Volume Incr159.25%
Vol(5)2.58M
Vol(50)1.39M