MOVING IMAGE TECHNOLOGIES IN (MITQ) Stock Technical Analysis
NYSEARCA:MITQ • US62464R1095
We assign a technical rating of 0 out of 10 to MITQ. MITQ scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MITQ is a bad performer in the overall market: 78% of all stocks are doing better.
- MITQ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month MITQ has a been trading in the 0.55 - 0.79 range, which is quite wide. It is currently trading near the lows of this range.
- MITQ is part of the Entertainment industry. There are 80 other stocks in this industry, MITQ did better than 46% of them.
Although the technical rating is bad, MITQ does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.63. Right above this resistance zone may be a good entry point.
More info and screens
0.51
We found 4 important support areas.
- Support @0.59 from a trend line in the daily time frame.
- Support @0.58 from a horizontal line in the daily time frame.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.52 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.63 to 0.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.69 to 0.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.72 from a trend line in the daily time frame.
- Resistance @0.79 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 | DOWN | NEGATIVE | The long term trend for MITQ is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MITQ is down. |
| ChartMill Relative Strength | 22.38 | NEGATIVE | MITQ has a low relative strength, it was outperformed by 77.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MITQ is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MITQ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MITQ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.66 | NEUTRAL | The RSI value for MITQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MITQ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.91 | NEUTRAL | The Stochastics value for MITQ is a neutral value. |
| Average True Range in percent/ATR (20) | 9.05 | HIGH VOLATILITY | The high ATR as a percentage value for MITQ suggests high volalility. |
| Average Directional Index/ADX (14) | 21.61 | NEUTRAL | The ADX value for MITQ suggests a possible start of a new trend. |
NYSEARCA:MITQ (2/27/2026, 8:19:32 PM)
After market: 0.6001 -0.01 (-1.62%)0.61
-0.03 (-4.4%)
MOVING IMAGE TECHNOLOGIES IN / MITQ FAQ
What is the ChartMill technical rating of MOVING IMAGE TECHNOLOGIES IN (MITQ) stock?
ChartMill assigns a technical rating of 0 / 10 to MITQ.
What is the current trend direction of MOVING IMAGE TECHNOLOGIES IN (MITQ) stock?
The current trend direction for MOVING IMAGE TECHNOLOGIES IN (MITQ) is Bearish.
Can you provide the RSI signal for MOVING IMAGE TECHNOLOGIES IN?
MOVING IMAGE TECHNOLOGIES IN (MITQ) has an RSI value of 40.6615. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MOVING IMAGE TECHNOLOGIES IN?
The short term momentum for MOVING IMAGE TECHNOLOGIES IN (MITQ) is negative.
What are the support and resistance levels for MOVING IMAGE TECHNOLOGIES IN (MITQ) stock?
MOVING IMAGE TECHNOLOGIES IN (MITQ) has a support level at 0.59 and a resistance level at 0.63. Check the full technical report for our detailed analysis of MITQ support and resistance levels.