MOVING IMAGE TECHNOLOGIES IN (MITQ) Stock Technical Analysis
NYSEARCA:MITQ - NYSE Arca - US62464R1095 - Common Stock - Currency: USD
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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MITQ is a bad performer in the overall market: 67% 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. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
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.
MITQ is an average performer in the Entertainment industry, it outperforms 50% of 72 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
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 a resistance zone just above the current price starting at 0.57. Right above this resistance zone may be a good entry point. 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
0.50
0.90
4 important support areas can be observed.
- Support @0.56 from a trend line in the daily time frame.
- Support @0.53 from a trend line in the weekly time frame.
- A support zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.70 to 0.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.75 from a horizontal line in the daily time frame.
- Resistance @0.89 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.08
Mansfield-0.98
10 Day High0.6
10 Day Low0.52
20 Day High0.81
20 Day Low0.52
52 Week High1.55
52 Week Low0.42
Performance
1 Week-3.25%
2 Weeks-3.25%
1 Month-21.32%
3 Month-20.23%
6 Month-7.6%
12 Month3.23%
2 Year-51.37%
3 Year-51.79%
5 YearN/A
10 YearN/A
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
RSI(14)44.79
LBB0.52
UBB0.65
0.5592
0 (-0.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.09%
1 Week-3.25%
2 Weeks-3.25%
1 Month-21.32%
3 Month-20.23%
6 Month-7.6%
12 Month3.23%
2 Year-51.37%
3 Year-51.79%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%12.29%
ATR Inc-70.88%
Range Today0.02
ADR(20)0.07
ADR(20)%12.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.08
Mansfield-0.98
10 Day High0.6
10 Day Low0.52
20 Day High0.81
20 Day Low0.52
52 Week High1.55
52 Week Low0.42
CS1 End0.56
CR1 Start0.57
Volume & EV
DER(3)9.39%
DER(5)9.54%
Volume29.60K
Volume Incr-92.25%
Vol(5)27.38K
Vol(50)158.47K