MIND CTI LTD (MNDO) Stock Technical Analysis
NASDAQ:MNDO • IL0010851827
Taking everything into account, MNDO scores 5 out of 10 in our technical rating. MNDO has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, MNDO is a bad performer in the overall market: 85% of all stocks are doing better.
- MNDO 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 MNDO is lagging the market.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- In the last month MNDO has a been trading in the 1.10 - 1.25 range, which is quite wide. It is currently trading near the high of this range.
- MNDO is an average performer in the Software industry, it outperforms 57% of 276 stocks in the same industry.
MNDO has only a medium technical rating, but it does show a decent setup pattern. 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 1.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MNDO 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
1.11
3 important support areas can be observed.
- A support zone ranging from 1.18 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.14 to 1.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.12 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.23 from a horizontal line in the daily time frame.
- A resistance zone ranging from 1.25 to 1.27. 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 | NEUTRAL | NEUTRAL | The long term trend for MNDO is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNDO is up. |
| ChartMill Relative Strength | 15.62 | NEGATIVE | MNDO has a low relative strength, it was outperformed by 84.38% 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) | UP | POSITIVE | The current price of MNDO is above the rising 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) | 58.39 | NEUTRAL | The RSI value for MNDO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MNDO has a positive trend. |
| Stochastics (14,3) | 71.11 | NEUTRAL | The Stochastics value for MNDO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for MNDO suggests some volalility. |
| Average Directional Index/ADX (14) | 16.23 | NEGATIVE | The low ADX value for MNDO suggests a weak or negative trend. |
1.22
+0.02 (+1.67%)
MIND CTI LTD / MNDO FAQ
Can you provide the ChartMill technical rating for MIND CTI LTD?
ChartMill assigns a technical rating of 5 / 10 to MNDO.
Can you provide the trend direction for MIND CTI LTD?
The current trend direction for MIND CTI LTD (MNDO) is Bearish.
What is the RSI signal for MIND CTI LTD (MNDO) stock?
MIND CTI LTD (MNDO) has an RSI value of 58.3902. This indicates that the stock is currently neutral.
What are the support and resistance levels for MIND CTI LTD (MNDO) stock?
MIND CTI LTD (MNDO) has a support level at 1.2 and a resistance level at 1.23. Check the full technical report for our detailed analysis of MNDO support and resistance levels.