MITEK SYSTEMS INC (MITK)
US6067102003 - Common Stock
We assign a technical rating of 4 out of 10 to MITK. Although MITK 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.
In the last month MITK has a been trading in the 11.88 - 16.24 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that MITK is one of the better performing stocks in the market, outperforming 81% of all stocks.
MITK is one of the better performing stocks in the Software industry, it outperforms 70% of 275 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MITK 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 MITK is lagging the market slightly.
MITK has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.65
12.14
We found 4 important support areas.
- Support @11.90 from a trend line in the daily time frame.
- A support zone ranging from 11.33 to 11.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.26 from a trend line in the weekly time frame.
- Support @8.74 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.99 to 12.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.7
Mansfield-0.31
10 Day High16.24
10 Day Low11.88
20 Day High16.24
20 Day Low11.88
52 Week High16.24
52 Week Low8.78
Performance
1 Week-18.28%
2 Weeks-15.93%
1 Month-4.16%
3 Month-1.88%
6 Month24.92%
12 Month33.56%
2 Year7.25%
3 Year-26.09%
5 Year0.67%
10 Year267.49%
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)-0.29
RSI(14)35.67
LBB12.27
UBB15.75
MITEK SYSTEMS INC
NASDAQ:MITK (4/18/2024, 7:08:02 PM)
After market: 11.98 0 (0%)11.98
-0.19 (-1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.56%
1 Week-18.28%
2 Weeks-15.93%
1 Month-4.16%
3 Month-1.88%
6 Month24.92%
12 Month33.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.74
ATR(20)%5.68%
ATR Inc
Range Today0.44
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 High16.24
10 Day Low11.88
20 Day High16.24
20 Day Low11.88
52 Week High16.24
52 Week Low8.78
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume958.70K
Volume Incr175.48%
Vol(5)1.48M
Vol(50)530.96K