MIND TECHNOLOGY INC (MIND) Stock Technical Analysis
NASDAQ:MIND - Nasdaq - US6025663096 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to MIND. MIND has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month MIND has a been trading in the 6.21 - 7.25 range, which is quite wide. It is currently trading near the lows of this range.
MIND is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 88% of 62 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, MIND did better than 79% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MIND 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 MIND is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
MIND has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
4.89
7.20
When analyzing the support we can see 3 important areas.
- Support @6.31 from a horizontal line in the daily time frame.
- Support @5.27 from a trend line in the weekly time frame.
- Support @4.94 from a trend line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 6.56 to 6.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.86 from a horizontal line in the weekly time frame.
- Resistance @6.99 from a trend line in the daily time frame.
- 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 | NEUTRAL | NEUTRAL | The short term trend for MIND is neutral. |
| ChartMill Relative Strength | 79.1 | POSITIVE | MIND has a high relative strength, it outperformed 79.1% 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) | 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) | 50.27 | NEUTRAL | The RSI value for MIND is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MIND has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.64 | OVERSOLD | The low Stochastics value suggests MIND may be oversold. |
| Average True Range in percent/ATR (20) | 5.11 | HIGH VOLATILITY | The high ATR as a percentage value for MIND suggests high volalility. |
| Average Directional Index/ADX (14) | 22.27 | 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)
NASDAQ:MIND (5/23/2025, 8:36:47 PM)
6.49
+0.17 (+2.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.69%
1 Week-4.14%
2 Weeks-1.82%
1 Month-0.61%
3 Month-35.16%
6 Month69.45%
12 Month50.93%
2 Year3.02%
3 Year-30.22%
5 Year-57.86%
10 Year-84.36%
15 Year-89.55%
Volatility
ATR(14)0.31
ATR(20)%5.11%
ATR Inc-7.17%
Range Today0.4
ADR(20)0.32
ADR(20)%4.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.1
Mansfield1.57
10 Day High7.25
10 Day Low6.21
20 Day High7.25
20 Day Low6.21
52 Week High11.1
52 Week Low3.05
CS1 End6.31
CR1 Start6.56
Volume & EV
DER(3)2.3%
DER(5)-0.73%
Volume128.10K
Volume Incr-49.94%
Vol(5)102.78K
Vol(50)168.30K