Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

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

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

Mitcham Industries trades in USA in Technology sector.

Showing technical analysis as on 2024-07-15 View latest technical analysis

10 day averaged volume of Mitcham Industries is 18230

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	12.90	12.89	13.27	12.71	1.103 times
12 Fri Jul 2024	12.71	12.45	12.95	12.30	2.666 times
11 Thu Jul 2024	12.41	11.40	12.65	11.05	4.432 times
10 Wed Jul 2024	11.34	10.73	11.51	10.73	0.516 times
09 Tue Jul 2024	11.60	11.16	11.90	10.74	1.119 times
08 Mon Jul 2024	11.24	11.41	11.41	11.24	0.258 times
05 Fri Jul 2024	11.70	11.70	11.81	11.60	0.208 times
03 Wed Jul 2024	11.70	11.54	11.75	11.54	0.06 times
03 Wed Jul 2024	11.70	11.54	11.75	11.54	0.06 times
02 Tue Jul 2024	11.71	11.76	12.36	11.65	0.549 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 12.6, but if it comes below 12.6, then a intra day sell could be more profitable.
If you take a sell trade below 12.6, then use 12.6 as stoploss and 12.1 as target. However if you take a buy trade in stock , then use 12.6 as stoploss and 13.2 as target.

Share price targets for Mitcham Industries (MINDP)

Target Type	Value
Downside Target	7.88
Downside Target	10.11
Downside Target	10.73
Downside Target	10.97
Downside Target	11.54
Downside Target	11.81
Downside Target	12.36
Downside Target	12.71
Upside Target	12.95
Upside Target	13.24
Upside Target	13.27
Upside Target	14.94
Upside Target	16.60

Intraday share price targets for Mitcham Industries (MINDP)

Target Type	Value
Downside Intraday Target	12.65
Downside Intraday Target	12.4
Upside Intraday Target	13.21
Upside Intraday Target	13.52
Upside Intraday Target	12.96

Weekly technical analysis of Mitcham Industries (MINDP)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	12.90	12.89	13.27	12.71	0.123 times
12 Fri Jul 2024	12.71	11.41	12.95	10.73	33.449 times
05 Fri Jul 2024	11.70	11.54	11.81	11.54	0.363 times
03 Wed Jul 2024	11.70	11.68	12.36	11.54	0.378 times
28 Fri Jun 2024	12.07	12.50	13.24	11.54	0.895 times

Price has moved up 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 Mitcham Industries (MINDP)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	12.90	11.68	13.27	10.73	0.638 times
28 Fri Jun 2024	12.07	13.86	16.60	11.54	1.065 times
30 Thu May 2024	13.86	10.88	14.94	10.11	1.694 times
30 Tue Apr 2024	10.85	9.52	10.97	7.88	1.399 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 (MINDP)

Price action analysis of Mitcham Industries ( (MINDP) ) 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 Mitcham Industries ( (MINDP) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mitcham Industries ( (MINDP) ) 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 gaining momentum.

MACD generated a BUY signal for Mitcham Industries 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.

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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mitcham Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 12.32 and Mitcham Industries (MINDP) 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 (MINDP) stock. Volume based technical analysis of Mitcham Industries (MINDP) stock is negative.

Mitcham Industries Stock is giving positive 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.