Technical Analysis for MIND - Mitcham Industries, Inc.

Grade Last Price % Change Price Change
grade A 3.8 0.00% 0.00
MIND closed unchanged on Wednesday, January 16, 2019, on 15 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. It was able to bounce off of its 200 day moving average, an important long-term support line. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

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

Date Alert Name Type % Chg
Jan 16 200 DMA Support Bullish 0.00%
Jan 16 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Jan 16 NR7 Range Contraction 0.00%
Jan 16 Wide Bands Range Expansion 0.00%
Jan 16 Overbought Stochastic Strength 0.00%
Jan 15 200 DMA Support Bullish 0.00%
Jan 15 Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Jan 15 Wide Bands Range Expansion 0.00%
Jan 15 Overbought Stochastic Strength 0.00%
Jan 14 Crossed Above 200 DMA Bullish 0.00%

Older signals for MIND ...

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Profile
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.
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: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 4.57
52 Week Low 2.5
Average Volume 14,572
200-Day Moving Average 3.7674
50-Day Moving Average 3.5284
20-Day Moving Average 3.3088
10-Day Moving Average 3.708
Average True Range 0.2507
ADX 28.76
+DI 25.1311
-DI 14.8507
Chandelier Exit (Long, 3 ATRs ) 3.2379
Chandelier Exit (Short, 3 ATRs ) 3.2521
Upper Bollinger Band 4.2669
Lower Bollinger Band 2.3507
Percent B (%b) 0.76
BandWidth 57.912234
MACD Line 0.1155
MACD Signal Line 0.0242
MACD Histogram 0.0913
Fundamentals Value
Market Cap 45.9 Million
Num Shares 12.1 Million
EPS -2.16
Price-to-Earnings (P/E) Ratio -1.76
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) 4.01
Resistance 3 (R3) 3.99 3.89 3.98
Resistance 2 (R2) 3.89 3.84 3.91 3.96
Resistance 1 (R1) 3.85 3.81 3.87 3.87 3.95
Pivot Point 3.75 3.75 3.77 3.77 3.75
Support 1 (S1) 3.71 3.70 3.73 3.73 3.65
Support 2 (S2) 3.61 3.67 3.63 3.64
Support 3 (S3) 3.57 3.61 3.63
Support 4 (S4) 3.59