MOVING IMAGE TECHNOLOGIES IN (MITQ) Technical Analysis
NYSEARCA:MITQ • US62464R1095
Current stock price
0.596 USD
-0.04 (-6.26%)
At close:
0.595 USD
0 (-0.17%)
After Hours:
MITQ Technical Rating and Analysis
We assign a technical rating of 3 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.
- When comparing the yearly performance of all stocks, MITQ is a bad performer in the overall market: 74% 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 0.52 - 0.81 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.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- MITQ is an average performer in the Entertainment industry, it outperforms 53% of 79 stocks in the same industry.
MITQ Weekly and Daily overview Charts
MITQ Setup Rating and Analysis
Although the technical rating is bad, MITQ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
MITQ Support and Resistance Analysis
0.54
0.80
When analyzing the support we can see 2 important areas.
- Support @0.57 from a trend line in the daily time frame.
- A support zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @0.65 from a horizontal line in the weekly time frame.
- Resistance @0.67 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 | NEUTRAL | NEUTRAL | The long term trend for MITQ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MITQ is neutral. |
| ChartMill Relative Strength | 26.87 | NEGATIVE | MITQ has a low relative strength, it was outperformed by 73.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MITQ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MITQ is above 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) | 48.59 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 35.92 | NEUTRAL | The Stochastics value for MITQ is a neutral value. |
| Average True Range in percent/ATR (20) | 11.72 | HIGH VOLATILITY | The high ATR as a percentage value for MITQ suggests high volalility. |
| Average Directional Index/ADX (14) | 42.98 | POSITIVE | The high ADX value value for MITQ suggests a strong trend. |
MITQ Chart- and CandleStick Pattern Analysis
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)
MITQ Technicals: Chart, Performance Metrics, Trend & Indicators
0.596
-0.04 (-6.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-6.26%
1 Week-6.87%
2 Weeks-0.85%
1 Month7.78%
3 Month-11.99%
6 Month-36.6%
12 Month6.58%
2 Year18.25%
3 Year-48.17%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%11.72%
ATR Inc-19.04%
Range Today0.05
ADR(20)0.07
ADR(20)%11.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.87
3 months CRS19.12
6 months CRS12.68
Mansfield-2.47
10 Day High0.77
10 Day Low0.55
20 Day High0.81
20 Day Low0.52
52 Week High1.66
52 Week Low0.42
CS1 End0.57
CR1 Start0.65
Volume & EV
DER(3)-15.99%
DER(5)-10.77%
Volume122.40K
Volume Incr41.28%
Vol(5)642.52K
Vol(50)262.50K
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 3 / 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 48.5901. 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 0.00388604, indicating a bearish trend.