Technical Analysis for MIND - Mitcham Industries, Inc.

Grade Last Price % Change Price Change
grade F 2.5 -1.19% -0.03
MIND closed down 5.6 percent on Thursday, October 17, 2019, on 1.42 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical MIND trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish -1.19%
Stochastic Reached Oversold Weakness -1.19%
Wide Bands Range Expansion -1.19%
Oversold Stochastic Weakness -1.19%
NR7 Range Contraction -6.72%
Wide Bands Range Expansion -6.72%
New Downtrend Bearish -12.28%
Lower Bollinger Band Walk Weakness -12.89%
Wide Bands Range Expansion -12.89%
Lower Bollinger Band Touch Weakness -12.89%

Older signals for MIND ...

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Basic chart:
Mitcham Industries, Inc., through its subsidiaries, engages in the leasing, sale, and service of geophysical and other equipment to the seismic industry worldwide. The company operates in two segments, Equipment Leasing and Manufacturing. The Equipment Leasing segment leases seismic equipment for short-term leasing primarily to seismic data acquisition contractors and oil field service providers. Its land equipment lease pool includes seismic recording land channels, geophones and cables, and other peripheral equipment; marine seismic equipment lease pool comprises streamers, air guns, streamer positioning equipment, energy source controllers, and other equipment; and downhole equipment lease pool consists of downhole seismic tools. This segment is also involved in the sale of new seismic equipment of other manufacturers; heli-pickers and related equipment used in the deployment and retrieval of seismic equipment by helicopter; and equipment, consumables, systems integration, engineering hardware, and software maintenance support services to the seismic, hydrographic, oceanographic, environmental, and defense industries, as well as sells used equipment from its lease pool. The Seamap segment designs, manufactures, and sells a range of products for the marine seismic industry. Its products include GunLink seismic source acquisition and control systems, which are designed to provide operators of marine seismic surveys with precise control of energy sources; and BuoyLink RGPS tracking systems that are used to offer precise positioning of seismic sources and streamers. The company was founded in 1987 and is headquartered in Huntsville, Texas.
Control Systems Mechanics Energy Sources Geophysics Ion Geophysical Reflection Seismology Mitcham Industries Peripheral Equipment Seismic Source Downhole Seismic Tools Energy Source Controllers Oil Field Service Providers Seismic Equipment Software Maintenance Support Services
Is MIND a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 4.42
52 Week Low 2.5
Average Volume 29,589
200-Day Moving Average 3.7685
50-Day Moving Average 3.3546
20-Day Moving Average 2.9995
10-Day Moving Average 2.782
Average True Range 0.2338
ADX 28.46
+DI 8.2088
-DI 21.558
Chandelier Exit (Long, 3 ATRs ) 2.7986
Chandelier Exit (Short, 3 ATRs ) 3.2314
Upper Bollinger Band 3.5039
Lower Bollinger Band 2.4951
Percent B (%b) 0.03
BandWidth 33.632272
MACD Line -0.2003
MACD Signal Line -0.1824
MACD Histogram -0.0179
Fundamentals Value
Market Cap 30.56 Million
Num Shares 12.1 Million
EPS -2.16
Price-to-Earnings (P/E) Ratio -1.17
Price-to-Sales 0.79
Price-to-Book 0.60
PEG Ratio -0.17
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.85
Resistance 3 (R3) 2.88 2.81 2.79
Resistance 2 (R2) 2.81 2.73 2.79 2.77
Resistance 1 (R1) 2.67 2.68 2.64 2.64 2.76
Pivot Point 2.60 2.60 2.58 2.58 2.60
Support 1 (S1) 2.46 2.52 2.43 2.43 2.30
Support 2 (S2) 2.39 2.47 2.37 2.29
Support 3 (S3) 2.25 2.39 2.27
Support 4 (S4) 2.22