(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 2024-01-18 View latest technical analysis
10 day averaged volume of Mitcham Industries is 3260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 5.80 | 5.94 | 5.94 | 5.65 | 2.055 times |
| 17 Wed Jan 2024 | 5.70 | 5.81 | 6.00 | 5.70 | 0.613 times |
| 16 Tue Jan 2024 | 5.63 | 5.70 | 5.98 | 5.61 | 2.055 times |
| 12 Fri Jan 2024 | 5.99 | 5.85 | 6.22 | 5.81 | 0.675 times |
| 12 Fri Jan 2024 | 5.99 | 5.85 | 6.22 | 5.81 | 0.675 times |
| 11 Thu Jan 2024 | 5.90 | 6.09 | 6.09 | 5.75 | 0.951 times |
| 10 Wed Jan 2024 | 6.10 | 6.19 | 6.32 | 6.10 | 0.828 times |
| 09 Tue Jan 2024 | 6.20 | 6.20 | 6.20 | 6.20 | 1.043 times |
| 08 Mon Jan 2024 | 6.20 | 6.25 | 6.59 | 6.20 | 2.147 times |
| 05 Fri Jan 2024 | 6.66 | 6.66 | 6.66 | 6.66 | 0.245 times |
Stock of Mitcham Industries (MIND) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 5.9, but if it comes above 5.9, then a intra day buy could be more profitable.
If you take a sell trade below 5.9, then use 5.9 as stoploss and 5.5 as target. However if you take a buy trade in stock , then use 5.9 as stoploss and 6.24 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 | 5.34 |
| Downside Target | 5.61 |
| Downside Target | 5.75 |
| Upside Target | 6.00 |
| Upside Target | 6.22 |
| Upside 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 | 5.61 |
| Downside Intraday Target | 5.41 |
| Upside Intraday Target | 6 |
| Upside Intraday Target | 6.19 |
| Upside Intraday Target | 5.8 |
Weekly technical analysis of Mitcham Industries (MIND)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 5.80 | 5.70 | 6.00 | 5.61 | 7 times |
| 12 Fri Jan 2024 | 5.99 | 5.85 | 6.22 | 5.81 | 0.12 times |
| 12 Fri Jan 2024 | 5.99 | 6.25 | 6.59 | 5.75 | 1.736 times |
| 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 |
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 Mitcham Industries (MIND)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 18 Thu Jan 2024 | 5.80 | 6.51 | 6.85 | 5.61 | 0.141 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 down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mitcham Industries ( (MIND) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mitcham Industries ( (MIND) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mitcham Industries in short term but the sell signal is initial and weak.
Mitcham Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Mitcham Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 5.95 and Mitcham Industries (MIND) 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 Mitcham Industries (MIND) stock. Volume based technical analysis of Mitcham Industries (MIND) stock is negative.
Mitcham Industries Stock has given negative 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.
Price action analysis of Mitcham Industries ( (MIND) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mitcham Industries ( (MIND) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Mitcham Industries ( (MIND) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Mitcham Industries in short term but the sell signal is initial and weak.
Mitcham Industries Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Mitcham Industries in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 5.95 and Mitcham Industries (MIND) 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 Mitcham Industries (MIND) stock. Volume based technical analysis of Mitcham Industries (MIND) stock is negative.
Mitcham Industries Stock has given negative 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.