(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 2024-09-13 View latest technical analysis
10 day averaged volume of Mitek Systems is 608150
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 8.47 | 8.27 | 8.55 | 8.27 | 0.923 times |
| 12 Thu Sep 2024 | 8.21 | 8.09 | 8.22 | 7.99 | 0.579 times |
| 11 Wed Sep 2024 | 8.05 | 8.01 | 8.10 | 7.74 | 0.966 times |
| 10 Tue Sep 2024 | 8.10 | 8.28 | 8.36 | 7.97 | 0.961 times |
| 09 Mon Sep 2024 | 8.29 | 8.54 | 8.64 | 8.28 | 0.947 times |
| 06 Fri Sep 2024 | 8.60 | 8.71 | 8.83 | 8.53 | 0.696 times |
| 05 Thu Sep 2024 | 8.65 | 8.54 | 8.77 | 8.45 | 1.277 times |
| 04 Wed Sep 2024 | 8.57 | 8.73 | 9.11 | 8.40 | 1.76 times |
| 03 Tue Sep 2024 | 9.21 | 9.22 | 9.48 | 9.19 | 1.209 times |
| 30 Fri Aug 2024 | 9.32 | 9.38 | 9.59 | 9.26 | 0.802 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 8.4 as stoploss in an intra day buy trade for a target of 8.92. However, stock will show a bearish move below 8.4.
Share price targets for Mitek Systems (MITK)
| Target Type | Value |
| Downside Target | 7.35 |
| Downside Target | 7.74 |
| Downside Target | 8.40 |
| Upside Target | 8.64 |
| Upside Target | 9.03 |
| Upside Target | 9.26 |
| Upside Target | 9.48 |
| Upside Target | 10.64 |
| Upside Target | 10.70 |
| Upside Target | 12.25 |
| Upside Target | 13.05 |
| Upside Target | 13.43 |
| Upside Target | 13.72 |
| Upside Target | 14.32 |
Intraday share price targets for Mitek Systems (MITK)
| Target Type | Value |
| Downside Intraday Target | 7.93 |
| Downside Intraday Target | 7.38 |
| Upside Intraday Target | 8.83 |
| Upside Intraday Target | 9.18 |
| Downside Intraday Target | 8.28 |
Weekly technical analysis of Mitek Systems (MITK)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Fri Sep 2024 | 8.47 | 8.54 | 8.64 | 7.74 | 0.886 times |
| 06 Fri Sep 2024 | 8.60 | 9.22 | 9.48 | 8.40 | 6.161 times |
| 30 Fri Aug 2024 | 9.32 | 9.38 | 9.59 | 9.26 | 0.212 times |
| 30 Fri Aug 2024 | 9.32 | 9.50 | 9.60 | 9.03 | 0.714 times |
| 23 Fri Aug 2024 | 9.43 | 8.74 | 9.60 | 8.67 | 0.6 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 |
| 13 Fri Sep 2024 | 8.47 | 9.22 | 9.48 | 7.74 | 0.311 times |
| 30 Fri Aug 2024 | 9.32 | 13.41 | 13.43 | 7.35 | 1.767 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mitek Systems ( (MITK) ) 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 Mitek Systems ( (MITK) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mitek Systems in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mitek Systems in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 8.57 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.
Price action analysis of Mitek Systems ( (MITK) ) 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 Mitek Systems ( (MITK) ) 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 Mitek Systems ( (MITK) ) 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Mitek Systems in short term but the buy signal is initial and weak.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Mitek Systems in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 8.57 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.