MIND CTI LTD (MNDO) Stock Technical Analysis
NASDAQ:MNDO - Nasdaq - IL0010851827 - Common Stock - Currency: USD
Overall MNDO gets a technical rating of 2 out of 10. In the past year, MNDO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, MNDO is a bad performer in the overall market: 91% of all stocks are doing better.
MNDO is part of the Software industry. There are 282 other stocks in this industry, of which 79% are performing better than MNDO.
MNDO 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 MNDO has a been trading in the 1.31 - 1.50 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MNDO has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.31
2.08
We found 1 important support area.
- A support zone ranging from 1.32 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.49 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.03 to 2.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MNDO is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNDO is up. |
| ChartMill Relative Strength | 9.52 | NEGATIVE | MNDO has a low relative strength, it was outperformed by 90.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNDO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MNDO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNDO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.27 | NEUTRAL | The RSI value for MNDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MNDO has a positive trend. |
| Stochastics (14,3) | 75.21 | NEUTRAL | The Stochastics value for MNDO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.26 | MEDIUM VOLATILITY | The ATR as a percentage value for MNDO suggests some volalility. |
| Average Directional Index/ADX (14) | 36.46 | POSITIVE | The high ADX value value for MNDO suggests a strong 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)
1.48
+0.02 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.37%
1 Week4.23%
2 Weeks12.12%
1 Month1.37%
3 Month-14.45%
6 Month-26.73%
12 Month-23.71%
2 Year-23.32%
3 Year-39.59%
5 Year-27.8%
10 Year-49.49%
15 Year-23.32%
Volatility
ATR(14)0.05
ATR(20)%3.26%
ATR Inc-10.75%
Range Today0.02
ADR(20)0.05
ADR(20)%3.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.52
Mansfield-2.55
10 Day High1.51
10 Day Low1.31
20 Day High1.51
20 Day Low1.31
52 Week High2.13
52 Week Low1.31
CS1 End1.32
CR1 Start1.49
Volume & EV
DER(3)4.19%
DER(5)6.91%
Volume18.70K
Volume Incr-19.43%
Vol(5)33.60K
Vol(50)41.38K