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(MITK) Mitek Systems complete technical analysis [charts+indicators] | Buy/Sell Mitek Systems | (MITK) share price targets

Complete technical analysis of Mitek Systems (MITK) by charts plus indicators, forecast predictions and share price targets for Mitek Systems (MITK)

Mitek Systems trades in USA in Technology sector.

10 day averaged volume of Mitek Systems is 653883

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 13.04 13.93 13.93 12.91 1.503 times
16 Thu May 2024 13.86 13.80 14.04 13.67 1.344 times
15 Wed May 2024 14.18 13.99 14.18 13.80 0.884 times
14 Tue May 2024 13.84 14.19 14.32 13.41 1.027 times
13 Mon May 2024 14.18 13.59 14.26 12.83 2.023 times

My analysis of stock is bearish for shortterm, and stock might move down till 12.7 or till 12. Use a stoploss of 13.19 and if the stock hits stoploss, then it can shoot up till 13.73

Share price targets for Mitek Systems (MITK)

Target Type Value
Downside Target 11.15
Downside Target 11.62
Downside Target 12.27
Downside Target 12.83
Upside Target 13.28
Upside Target 13.75
Upside Target 13.82
Upside Target 14.23
Upside Target 14.32
Upside Target 16.24

Intraday share price targets for Mitek Systems (MITK)

Target Type Value
Downside Intraday Target 12.47
Downside Intraday Target 11.91
Upside Intraday Target 13.96
Upside Intraday Target 14.89
Upside Intraday Target 13.4

Weekly technical analysis of Mitek Systems (MITK)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 13.04 13.59 14.32 12.83 2.106 times
10 Fri May 2024 13.37 13.48 13.75 13.15 0.893 times
03 Fri May 2024 13.38 12.65 13.82 12.44 0.728 times
26 Fri Apr 2024 12.70 12.28 13.28 12.27 0.408 times
19 Fri Apr 2024 12.18 15.19 16.24 11.83 3.711 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mitek Systems (MITK)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 13.04 12.69 14.32 12.46 0.486 times
30 Tue Apr 2024 12.63 14.12 16.24 11.83 1.793 times
28 Thu Mar 2024 14.10 11.64 14.23 11.15 1.283 times
29 Thu Feb 2024 11.61 12.69 13.04 11.32 0.915 times

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mitek Systems (MITK)

Indicator Name Indicator Value Indicator Signal
ADX 23, 23, 0 Sell
MACD 0, 0Buy
Stochastics 59None
CCI -91Sell
RSI 53Buy
OBV 793828Sell
VWAP 14Sell
ADL 0Sell
ROC -3Sell
Force Index 0Sell

Price action analysis of Mitek Systems ( (MITK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mitek Systems ( (MITK) ) based on a short term time period is

Price action analysis of Mitek Systems ( (MITK) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mitek Systems ( (MITK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mitek Systems stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Mitek Systems in short term and the buy signal is strong.

Mitek Systems Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mitek Systems in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mitek Systems is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 13.68 and Mitek Systems (MITK) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mitek Systems (MITK) stock. Volume based technical analysis of Mitek Systems (MITK) stock is negative.

Mitek Systems Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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