(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.
10 day averaged volume of Mitcham Industries is 19628
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 13.58 | 13.84 | 13.95 | 13.52 | 0.375 times |
| 16 Thu May 2024 | 13.99 | 13.98 | 14.00 | 13.78 | 0.417 times |
| 15 Wed May 2024 | 13.91 | 13.91 | 14.00 | 13.68 | 0.257 times |
| 14 Tue May 2024 | 13.84 | 13.92 | 14.05 | 13.84 | 0.515 times |
| 13 Mon May 2024 | 14.10 | 14.00 | 14.25 | 13.92 | 1.207 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 13.8 as stoploss in an intra day sell trade for a target of 11.42. However, stock will show a bullish move above 13.8.
Share price targets for Mitcham Industries (MINDP)
| Target Type | Value |
| Downside Target | 7.00 |
| Downside Target | 7.50 |
| Downside Target | 7.88 |
| Downside Target | 8.24 |
| Downside Target | 8.64 |
| Downside Target | 8.99 |
| Downside Target | 10.11 |
| Downside Target | 10.82 |
| Downside Target | 11.20 |
| Downside Target | 11.81 |
| Downside Target | 13.52 |
| Upside Target | 14.25 |
| Upside Target | 14.94 |
Intraday share price targets for Mitcham Industries (MINDP)
| Target Type | Value |
| Downside Intraday Target | 13.32 |
| Downside Intraday Target | 13.05 |
| Upside Intraday Target | 14.05 |
| Upside Intraday Target | 14.51 |
| Upside Intraday Target | 13.78 |
Weekly technical analysis of Mitcham Industries (MINDP)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 13.58 | 14.00 | 14.25 | 13.52 | 0.383 times |
| 10 Fri May 2024 | 14.15 | 11.19 | 14.94 | 10.21 | 1.39 times |
| 03 Fri May 2024 | 11.16 | 8.35 | 11.20 | 8.35 | 2.49 times |
| 26 Fri Apr 2024 | 8.48 | 8.29 | 8.99 | 8.02 | 3.306 times |
| 19 Fri Apr 2024 | 8.40 | 8.41 | 8.64 | 8.02 | 0.372 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 Mitcham Industries (MINDP)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 13.58 | 10.88 | 14.94 | 10.11 | 1.41 times |
| 30 Tue Apr 2024 | 10.85 | 9.52 | 10.97 | 7.88 | 1.399 times |
| 28 Thu Mar 2024 | 9.43 | 8.05 | 11.81 | 8.00 | 1.877 times |
| 29 Thu Feb 2024 | 8.03 | 7.90 | 8.24 | 7.50 | 0.508 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 38, 10, 59 | Buy |
| MACD | 2, 2 | Buy |
| Stochastics | 76 | Buy |
| CCI | 24 | Sell |
| RSI | 73 | Buy |
| OBV | 54058 | Sell |
| VWAP | 14 | Sell |
| ADL | 0 | Sell |
| ROC | 22 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Mitcham Industries ( (MINDP) ) 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 Mitcham Industries ( (MINDP) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is losing momentum.
MACD generated a BUY signal for Mitcham Industries in short term and the buy signal is strong.
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 red color and prices are in or above the red 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 13.85 and Mitcham Industries (MINDP) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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