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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 2024-04-02 View latest technical analysis

10 day averaged volume of Mitek Systems is 635780

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	14.01	14.31	14.46	13.93	1.003 times
01 Mon Apr 2024	14.39	14.12	14.56	14.04	0.924 times
28 Thu Mar 2024	14.10	13.91	14.23	13.78	1.241 times
27 Wed Mar 2024	13.92	13.38	13.98	13.32	1.292 times
26 Tue Mar 2024	13.23	12.95	13.51	12.85	0.994 times
25 Mon Mar 2024	12.90	12.50	13.02	12.50	0.696 times
22 Fri Mar 2024	12.54	12.55	12.64	12.25	0.714 times
21 Thu Mar 2024	12.46	12.55	12.71	12.22	1.033 times
20 Wed Mar 2024	12.50	12.00	12.77	11.15	1.75 times
19 Tue Mar 2024	12.38	12.14	12.53	12.14	0.727 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 13.4, but if it comes below 13.4, then a intra day sell could be more profitable.
If you take a sell trade below 13.4, then use 13.4 as stoploss and 12.48 as target. However if you take a buy trade in stock , then use 13.4 as stoploss and 14.6 as target.

Share price targets for Mitek Systems (MITK)

Target Type	Value
Downside Target	10.56
Downside Target	11.15
Downside Target	11.62
Downside Target	12.02
Downside Target	12.50
Downside Target	12.77
Downside Target	13.04
Downside Target	13.44
Downside Target	13.93
Upside Target	14.23
Upside Target	14.56

Intraday share price targets for Mitek Systems (MITK)

Target Type	Value
Downside Intraday Target	13.77
Downside Intraday Target	13.54
Upside Intraday Target	14.4
Upside Intraday Target	14.8
Upside Intraday Target	14.17

Weekly technical analysis of Mitek Systems (MITK)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Apr 2024	14.01	14.12	14.56	13.93	0.456 times
28 Thu Mar 2024	14.10	12.50	14.23	12.50	0.87 times
22 Fri Mar 2024	12.54	11.67	12.77	11.15	1.66 times
15 Fri Mar 2024	11.71	11.49	12.12	11.39	1.272 times
08 Fri Mar 2024	11.46	11.83	12.02	11.20	0.977 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
02 Tue Apr 2024	14.01	14.12	14.56	13.93	0.131 times
28 Thu Mar 2024	14.10	11.64	14.23	11.15	1.283 times
29 Thu Feb 2024	11.61	12.69	13.04	11.32	0.883 times
31 Wed Jan 2024	12.60	13.03	13.10	11.62	0.974 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 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 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 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

Although the stock is in the BUY zone, but buying 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 13.27 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.