MITEK SYSTEMS INC (MITK)

US6067102003 - Common Stock

10.76  -0.17 (-1.56%)

After market: 10.55 -0.21 (-1.95%)

Technical Rating and Analysis

6

Overall MITK gets a technical rating of 6 out of 10. MITK has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

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 MITK has a been trading in the 8.57 - 11.56 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, MITK turns out to be only a medium performer in the overall market: it outperformed 58% of all stocks.
MITK is part of the Software industry. There are 278 other stocks in this industry, MITK did better than 45% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MITK Weekly chart
MITK Daily chart
Setup Rating and Analysis

1

MITK has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

8.34

11.70

We found 4 important support areas.

  • A support zone ranging from 9.34 to 9.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 8.81 to 8.86. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @8.59 from a horizontal line in the daily time frame.
  • Support @8.42 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 10.77 to 11.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @11.58 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.01
Mansfield-1.2
10 Day High11.56
10 Day Low8.58
20 Day High11.56
20 Day Low8.57
52 Week High16.24
52 Week Low7.35
Performance
1 Week18.24%
2 Weeks17.34%
1 Month23.82%
3 Month22.97%
6 Month-6.76%
12 Month-16.52%
2 Year11.04%
3 Year-39.38%
5 Year40.65%
10 Year225.08%
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)70.2
LBB8.13
UBB10.64
MITK Daily chart

MITEK SYSTEMS INC

NASDAQ:MITK (12/18/2024, 4:42:05 PM)

After market: 10.55 -0.21 (-1.95%)

10.76

-0.17 (-1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.56%
1 Week18.24%
2 Weeks17.34%
1 Month23.82%
3 Month22.97%
6 Month-6.76%
12 Month-16.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.49
ATR(20)%3.97%
ATR Inc
Range Today0.9
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High11.56
10 Day Low8.58
20 Day High11.56
20 Day Low8.57
52 Week High16.24
52 Week Low7.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.61M
Volume Incr361.68%
Vol(5)1.78M
Vol(50)575.22K