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(MIND) Mitcham Industries complete technical analysis [charts+indicators] | Buy/Sell Mitcham Industries | (MIND) share price targets

Complete technical analysis of Mitcham Industries (MIND) by charts plus indicators, forecast predictions and share price targets for Mitcham Industries (MIND)

Mitcham Industries trades in USA in Technology sector.

Showing technical analysis as on 2024-01-05 View latest technical analysis

10 day averaged volume of Mitcham Industries is 6500

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	6.66	6.66	6.66	6.66	0.123 times
04 Thu Jan 2024	6.67	6.53	6.82	6.50	0.385 times
03 Wed Jan 2024	6.71	6.61	6.85	6.58	0.569 times
02 Tue Jan 2024	6.51	6.51	6.80	6.51	0.554 times
29 Fri Dec 2023	6.59	6.60	6.80	6.59	0.877 times
29 Fri Dec 2023	6.59	6.60	6.80	6.59	0.877 times
28 Thu Dec 2023	6.59	6.67	6.93	6.57	0.846 times
27 Wed Dec 2023	6.53	6.39	6.98	6.29	2.292 times
26 Tue Dec 2023	6.39	5.91	6.48	5.91	1.815 times
22 Fri Dec 2023	6.00	6.00	6.13	6.00	0.846 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 6.6, but if it comes below 6.6, then a intra day sell could be more profitable.
If you take a sell trade below 6.6, then use 6.6 as stoploss and 5.98 as target. However if you take a buy trade in stock , then use 6.6 as stoploss and 7.4 as target.

Share price targets for Mitcham Industries (MIND)

Target Type	Value
Downside Target	0.45
Downside Target	0.48
Downside Target	0.65
Downside Target	4.36
Downside Target	4.76
Downside Target	5.34
Downside Target	5.90
Downside Target	6.13
Downside Target	6.50
Upside Target	6.80
Upside Target	6.85
Upside Target	6.98
Upside Target	7.83

Intraday share price targets for Mitcham Industries (MIND)

Target Type	Value
Downside Intraday Target	6.49
Downside Intraday Target	6.32
Upside Intraday Target	6.84
Upside Intraday Target	7.02
Upside Intraday Target	6.67

Weekly technical analysis of Mitcham Industries (MIND)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	6.66	6.51	6.85	6.50	1.86 times
29 Fri Dec 2023	6.59	6.60	6.80	6.59	0.15 times
29 Fri Dec 2023	6.59	5.91	6.98	5.91	0.312 times
22 Fri Dec 2023	6.00	5.09	6.13	4.76	0.985 times
15 Fri Dec 2023	5.09	5.30	5.90	4.44	3.578 times

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

Monthly technical analysis of Mitcham Industries (MIND)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	6.66	6.51	6.85	6.50	0.032 times
29 Fri Dec 2023	6.59	5.25	6.98	4.44	1.221 times
30 Thu Nov 2023	5.18	4.53	5.34	4.36	0.145 times
31 Tue Oct 2023	4.67	0.51	7.83	0.45	1.995 times

Scroll below to view daily charts

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 Mitcham Industries (MIND)

Price action analysis of Mitcham Industries ( (MIND) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Mitcham Industries ( (MIND) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mitcham Industries ( (MIND) ) 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 Mitcham Industries ( (MIND) ) 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 Mitcham Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Mitcham Industries in short term and the buy signal is strong.

Mitcham Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Mitcham Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mitcham Industries is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.49 and Mitcham Industries (MIND) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Mitcham Industries (MIND) stock. Volume based technical analysis of Mitcham Industries (MIND) stock is negative.

Mitcham Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

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