MOVING IMAGE TECHNOLOGIES IN (MITQ) Technical Analysis
NYSEARCA:MITQ • US62464R1095
Current stock price
MITQ Technical Rating and Analysis
Taking everything into account, MITQ scores 0 out of 10 in our technical rating. MITQ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 87% of all other stocks performed better in the past year than MITQ.
- MITQ is part of the Entertainment industry. There are 79 other stocks in this industry, of which 64% are performing better than MITQ.
- MITQ is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MITQ is lagging the market.
- In the last month MITQ has a been trading in the 0.50 - 0.63 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.
MITQ Weekly and Daily overview Charts
MITQ Setup Rating and Analysis
MITQ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for MITQ in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MITQ Support and Resistance Analysis
0.53
When analyzing the support we notice one important area.
- Support @0.54 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @0.58 from a trend line in the daily time frame.
- A resistance zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.65 from a trend line in the daily time frame.
- Resistance @0.79 from a horizontal line in the daily time frame.
MITQ Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for MITQ is neutral. |
| ChartMill Relative Strength | 13.52 | NEGATIVE | MITQ has a low relative strength, it was outperformed by 86.48% 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) | UP | MIXED | The current price of MITQ is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.72 | NEUTRAL | The RSI value for MITQ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MITQ has a positive trend. |
| Stochastics (14,3) | 37.95 | NEUTRAL | The Stochastics value for MITQ is a neutral value. |
| Average True Range in percent/ATR (20) | 9.14 | HIGH VOLATILITY | The high ATR as a percentage value for MITQ suggests high volalility. |
| Average Directional Index/ADX (14) | 20.55 | NEUTRAL | The ADX value for MITQ suggests a possible start of a new trend. |
MITQ Chart- and CandleStick Pattern Analysis
MITQ Technicals: Chart, Performance Metrics, Trend & Indicators
0.553
-0.02 (-4.16%)
MOVING IMAGE TECHNOLOGIES IN / MITQ TA 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.
What is the RSI signal for MITQ stock?
MOVING IMAGE TECHNOLOGIES IN (MITQ) has an RSI value of 44.7159. This indicates that the stock is currently neutral.
What is the MACD signal for MOVING IMAGE TECHNOLOGIES IN (MITQ) stock?
The MACD indicator for MOVING IMAGE TECHNOLOGIES IN (MITQ) has a value of 0.00109071, indicating a bearish trend.