MITEK SYSTEMS INC (MITK) Stock Technical Analysis
NASDAQ:MITK - Nasdaq - US6067102003 - Common Stock
Taking everything into account, MITK scores 3 out of 10 in our technical rating. In the last year, MITK was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
71% of all other stocks performed better in the past year than MITK.
MITK is one of the lesser performing stocks in the Software industry. 65% of 285 stocks in the same industry do better.
In the last month MITK has a been trading in the 9.93 - 11.78 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MITK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MITK is lagging the market.
MITK has a poor technical rating and the quality of the setup is also not perfect 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
8.50
11.57
3 important support areas can be observed.
- A support zone ranging from 9.89 to 10.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.00 to 9.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.59 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @10.99 from a trend line in the weekly time frame.
- Resistance @11.20 from a trend line in the daily time frame.
- A resistance zone ranging from 11.44 to 11.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.77
Mansfield-1.74
10 Day High11.23
10 Day Low9.93
20 Day High11.78
20 Day Low9.93
52 Week High16.24
52 Week Low7.35
Performance
1 Week-1.38%
2 Weeks-7.66%
1 Month-6.97%
3 Month14.53%
6 Month-23.88%
12 Month-20.62%
2 Year1.52%
3 Year-38.85%
5 Year2.56%
10 Year191.84%
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)-0.16
RSI(14)43.63
LBB9.67
UBB11.38
MITEK SYSTEMS INC
NASDAQ:MITK (1/21/2025, 8:14:23 PM)
After market: 10.01 0 (0%)10.01
-0.07 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.69%
1 Week-1.38%
2 Weeks-7.66%
1 Month-6.97%
3 Month14.53%
6 Month-23.88%
12 Month-20.62%
2 Year1.52%
3 Year-38.85%
5 Year2.56%
10 Year191.84%
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%3.84%
ATR Inc-40.88%
Range Today0.24
ADR(20)0.37
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.77
Mansfield-1.74
10 Day High11.23
10 Day Low9.93
20 Day High11.78
20 Day Low9.93
52 Week High16.24
52 Week Low7.35
CS1 End10
CR1 Start10.99
Volume & EV
DER(3)0.27%
DER(5)0.55%
Volume400.00K
Volume Incr-51.71%
Vol(5)471.06K
Vol(50)640.09K