MIND TECHNOLOGY INC (MIND) Stock Technical Analysis
USA - NASDAQ:MIND - US6025663096 - Common Stock
9.87 USD
-0.53 (-5.1%)
9.87 USD
0 (0%)
Taking everything into account, MIND scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MIND 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.
Looking at the yearly performance, MIND did better than 96% of all other stocks. On top of that, MIND also shows a nice and consistent pattern of rising prices.
MIND is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 95% of 61 stocks in the same industry.
MIND 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 MIND is lagging the market slightly.
In the last month MIND has a been trading in the 7.90 - 10.53 range, which is quite wide. It is currently trading near the high of this range.
Although MIND has an excellent technical rating, it does not present a decent entry opportunity 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
6.42
9.97
4 important support areas can be observed.
- Support @8.72 from a trend line in the weekly time frame.
- Support @8.44 from a trend line in the daily time frame.
- A support zone ranging from 8.02 to 8.06. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.48 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for MIND is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MIND is up. |
| ChartMill Relative Strength | 96.09 | POSITIVE | MIND has a high relative strength, it outperformed 96.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MIND is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MIND is above a declining 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) | 57.33 | NEUTRAL | The RSI value for MIND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MIND has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.97 | OVERBOUGHT | The high Stochastics value suggests MIND may be overbought. |
| 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) | 24.1 | NEUTRAL | The ADX value for MIND suggests a possible start of a new 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)
9.87
-0.53 (-5.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-5.1%
1 Week-2.18%
2 Weeks18.49%
1 Month22.46%
3 Month33.74%
6 Month96.61%
12 Month177.25%
2 Year111.36%
3 Year64.5%
5 Year-51.85%
10 Year-77.77%
15 Year-88.59%
Volatility
ATR(14)0.59
ATR(20)%5.98%
ATR Inc63.29%
Range Today0.84
ADR(20)0.56
ADR(20)%5.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.09
Mansfield2.36
10 Day High10.53
10 Day Low8.14
20 Day High10.53
20 Day Low7.9
52 Week High11.5
52 Week Low3.47
CS1 End8.72
CR1 StartN/A
Volume & EV
DER(3)0.13%
DER(5)-1.42%
Volume143.90K
Volume Incr-1.57%
Vol(5)195.88K
Vol(50)203.07K