MIND TECHNOLOGY INC (MIND) Stock Technical Analysis
NASDAQ:MIND - Nasdaq - US6025663096 - Common Stock - Currency: USD
Overall MIND gets a technical rating of 4 out of 10. Although MIND is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MIND is part of the Energy Equipment & Services industry. There are 63 other stocks in this industry. MIND outperforms 83% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, MIND did better than 82% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MIND is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MIND is lagging the market.
In the last month MIND has a been trading in the 5.51 - 7.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MIND has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.04
7.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 5.98 to 6.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.50 from a trend line in the weekly time frame.
- Support @5.09 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 6.37 to 6.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.66 from a trend line in the daily time frame.
- A resistance zone ranging from 6.88 to 6.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.13 from a horizontal line in the daily time frame.
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 MIND is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIND is down. |
| ChartMill Relative Strength | 82.98 | POSITIVE | MIND has a high relative strength, it outperformed 82.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIND is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MIND is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MIND is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.53 | NEUTRAL | The RSI value for MIND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MIND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 37.67 | NEUTRAL | The Stochastics value for MIND is a neutral value. |
| Average True Range in percent/ATR (20) | 5.98 | HIGH VOLATILITY | The high ATR as a percentage value for MIND suggests high volalility. |
| Average Directional Index/ADX (14) | 18.48 | NEGATIVE | The low ADX value for MIND suggests a weak or negative trend. |
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)
NASDAQ:MIND (6/16/2025, 8:00:01 PM)
6.22
+0.04 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.65%
1 Week-9.99%
2 Weeks3.84%
1 Month-8.12%
3 Month-11.77%
6 Month-18.16%
12 Month45.67%
2 Year1.95%
3 Year-30.11%
5 Year-61.12%
10 Year-85.16%
15 Year-90.81%
Volatility
ATR(14)0.41
ATR(20)%5.98%
ATR Inc-31.48%
Range Today0.35
ADR(20)0.36
ADR(20)%5.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.98
Mansfield0.47
10 Day High7.2
10 Day Low5.51
20 Day High7.2
20 Day Low5.51
52 Week High11.1
52 Week Low3.05
CS1 End6.16
CR1 Start6.37
Volume & EV
DER(3)1.98%
DER(5)2.82%
Volume154.10K
Volume Incr273.24%
Vol(5)430.66K
Vol(50)188.58K