MOVING IMAGE TECHNOLOGIES IN (MITQ) Stock Technical Analysis
NYSEARCA:MITQ - NYSE Arca - US62464R1095 - Common Stock - Currency: USD
Overall MITQ gets a technical rating of 5 out of 10. In the past year, MITQ was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
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.
MITQ is one of the better performing stocks in the Entertainment industry, it outperforms 75% of 71 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that MITQ is one of the better performing stocks in the market, outperforming 84% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month MITQ has a been trading in the 0.55 - 0.65 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MITQ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.50
0.89
We found 6 important support areas.
- Support @0.56 from a trend line in the daily time frame.
- Support @0.55 from a horizontal line in the daily time frame.
- Support @0.54 from a horizontal 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.
- Support @0.50 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.62 to 0.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.65 to 0.65. 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 @0.88 from a trend line in the weekly 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 | 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 | 84.09 | POSITIVE | MITQ has a high relative strength, it outperformed 84.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MITQ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MITQ is below the rising 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) | 50.09 | 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) | 42.45 | NEUTRAL | The Stochastics value for MITQ is a neutral value. |
| Average True Range in percent/ATR (20) | 6.57 | HIGH VOLATILITY | The high ATR as a percentage value for MITQ suggests high volalility. |
| Average Directional Index/ADX (14) | 20.73 | NEUTRAL | The ADX value for MITQ suggests a possible start of a new trend. |
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)
NYSEARCA:MITQ (5/23/2025, 8:36:52 PM)
0.593
0 (-0.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryEntertainment
Performance
% Chg-0.19%
1 Week1.89%
2 Weeks-4.4%
1 Month2.6%
3 Month0.51%
6 Month-3.59%
12 Month23.31%
2 Year-48.43%
3 Year-48.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.57%
ATR Inc-56.13%
Range Today0.02
ADR(20)0.04
ADR(20)%6.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.09
Mansfield-0.68
10 Day High0.65
10 Day Low0.57
20 Day High0.65
20 Day Low0.55
52 Week High1.55
52 Week Low0.43
CS1 End0.56
CR1 Start0.6
Volume & EV
DER(3)-4.28%
DER(5)-13.19%
Volume15.40K
Volume Incr-43.65%
Vol(5)44.02K
Vol(50)170.49K