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(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 2024-09-03 View latest technical analysis

10 day averaged volume of Mitcham Industries is 12079

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	13.44	13.59	13.60	13.04	2.475 times
30 Fri Aug 2024	13.64	14.00	14.00	13.58	1.117 times
30 Fri Aug 2024	13.64	14.00	14.00	13.58	1.109 times
29 Thu Aug 2024	13.85	12.65	14.04	12.64	4.897 times
28 Wed Aug 2024	12.62	12.65	12.69	12.47	1.151 times
27 Tue Aug 2024	12.65	12.51	12.65	12.51	0.19 times
26 Mon Aug 2024	12.51	12.67	12.70	12.40	0.455 times
23 Fri Aug 2024	12.72	12.60	12.72	12.60	0.352 times
22 Thu Aug 2024	12.61	12.80	12.80	12.50	0.108 times
21 Wed Aug 2024	12.67	12.52	12.67	12.35	0.571 times

Stock of Mitcham Industries (MINDP) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.2, but if it comes below 13.2, then a intra day sell could be more profitable.
If you take a sell trade below 13.2, then use 13.2 as stoploss and 12.79 as target. However if you take a buy trade in stock , then use 13.2 as stoploss and 13.8 as target.

Share price targets for Mitcham Industries (MINDP)

Target Type	Value
Downside Target	10.11
Downside Target	10.73
Downside Target	11.54
Downside Target	12.32
Downside Target	12.80
Downside Target	13.36
Upside Target	13.60
Upside Target	13.65
Upside Target	14.00
Upside Target	14.04
Upside Target	14.94
Upside Target	16.60

Intraday share price targets for Mitcham Industries (MINDP)

Target Type	Value
Downside Intraday Target	13.12
Downside Intraday Target	12.8
Upside Intraday Target	13.68
Upside Intraday Target	13.92
Downside Intraday Target	13.36

Weekly technical analysis of Mitcham Industries (MINDP)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	13.44	13.59	13.60	13.04	2.216 times
30 Fri Aug 2024	13.64	14.00	14.00	13.58	0.143 times
30 Fri Aug 2024	13.64	12.67	14.04	12.40	7.221 times
23 Fri Aug 2024	12.72	12.32	12.80	12.32	0.618 times
16 Fri Aug 2024	12.60	12.57	13.36	11.70	0.283 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 (MINDP)

Date	Monthly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	13.44	13.59	13.60	13.04	0.134 times
30 Fri Aug 2024	13.64	13.18	14.04	11.70	0.585 times
31 Wed Jul 2024	13.05	11.68	13.65	10.73	1.2 times
28 Fri Jun 2024	12.07	13.86	16.60	11.54	1.065 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 (MINDP)

Price action analysis of Mitcham Industries ( (MINDP) ) 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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Mitcham Industries 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.

Mitcham Industries 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 Mitcham Industries 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 13.45 and Mitcham Industries (MINDP) 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 (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 positive

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