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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.

Showing technical analysis as on 2024-08-01 View latest technical analysis

10 day averaged volume of Mitek Systems is 445262

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	13.07	13.41	13.43	12.83	0.813 times
31 Wed Jul 2024	13.31	13.52	13.65	13.30	1.118 times
30 Tue Jul 2024	13.45	13.55	13.57	13.20	1.012 times
29 Mon Jul 2024	13.31	13.34	13.52	13.16	1 times
26 Fri Jul 2024	13.15	13.21	13.72	13.09	1.441 times
25 Thu Jul 2024	12.76	12.30	12.89	12.15	0.934 times
24 Wed Jul 2024	12.24	12.24	12.64	12.21	0.676 times
23 Tue Jul 2024	12.42	12.18	12.58	12.13	0.853 times
22 Mon Jul 2024	12.21	12.17	12.26	12.00	0.763 times
19 Fri Jul 2024	12.10	12.04	12.20	11.98	1.388 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13, but if it comes below 13, then a intra day sell could be more profitable.
If you take a sell trade below 13, then use 13 as stoploss and 12.14 as target. However if you take a buy trade in stock , then use 13 as stoploss and 14 as target.

Share price targets for Mitek Systems (MITK)

Target Type	Value
Downside Target	10.64
Downside Target	11.49
Downside Target	11.76
Downside Target	12.25
Downside Target	12.83
Downside Target	13.05
Upside Target	13.43
Upside Target	13.65
Upside Target	13.72
Upside Target	14.32
Upside Target	16.24

Intraday share price targets for Mitek Systems (MITK)

Target Type	Value
Downside Intraday Target	12.72
Downside Intraday Target	12.36
Upside Intraday Target	13.54
Upside Intraday Target	14
Upside Intraday Target	13.18

Weekly technical analysis of Mitek Systems (MITK)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	13.07	13.34	13.65	12.83	0.845 times
26 Fri Jul 2024	13.15	12.17	13.72	12.00	0.79 times
19 Fri Jul 2024	12.10	11.72	12.41	11.52	1.086 times
12 Fri Jul 2024	11.51	10.98	11.76	10.70	2.83 times
05 Fri Jul 2024	10.96	11.20	11.49	10.88	0.911 times

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

Monthly technical analysis of Mitek Systems (MITK)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Aug 2024	13.07	13.41	13.43	12.83	0.035 times
31 Wed Jul 2024	13.31	11.23	13.72	10.70	0.821 times
28 Fri Jun 2024	11.18	12.63	13.05	10.64	1.066 times
31 Fri May 2024	12.55	12.69	14.32	12.25	0.704 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 Mitek Systems (MITK)

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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mitek Systems Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Mitek Systems in short term but SELL signal is weak.

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

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 12.83 and Mitek Systems (MITK) 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 Mitek Systems (MITK) stock. Volume based technical analysis of Mitek Systems (MITK) stock is negative.

Mitek Systems 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.