Technical Analysis for MITK - Mitek Systems, Inc.

Grade Last Price % Change Price Change
C 12.20 4.18% 0.49
MITK closed up 4.18 percent on Monday, March 18, 2024, on 1.14 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Earnings due: Mar 19
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Above Upper BB Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
20 DMA Support Bullish 4.18%
Bollinger Band Squeeze Range Contraction 4.18%
Gapped Down Weakness 4.18%

   Recent Intraday Alerts

Alert Time
Up 5% about 12 hours ago
60 Minute Opening Range Breakout about 12 hours ago
Rose Above 50 DMA about 12 hours ago
Upper Bollinger Band Resistance about 12 hours ago
1.5x Volume Pace about 13 hours ago

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Profile

Mitek Systems, Inc. Description

Mitek Systems, Inc. engages in the development, sale, and service of software solutions related to mobile imaging solutions and intelligent character recognition software. It provides Mobile Deposit, a software application that allows users to remotely deposit a check using their smartphone or tablet cameras; Mobile Photo Bill Pay, a mobile bill paying application that allows users to pay their bills; Mobile Balance Transfer, a product to transfer an existing credit card balance by capturing an image of the user's current credit card statement; Mobile Enrollment, an application that enables consumers to enroll their checking accounts as funding sources for mobile payments; and Mobile Photo Quoting, a product that enables users to receive insurance quotes. The company also offers character recognition toolkits under the brand ImageNet that provide accuracy in remittance processing, proof of deposit, and lock box processing applications. Its ImageNet products are used to reduce manual labor by automatically extracting amounts and routing information from checks and distinguishing between common document types, such as personal and business checks, substitute checks, pre-authorized drafts, and other document types. The company markets its mobile solutions directly, as well as through various channel partners to enterprise customers and end-users in the United States. Mitek Systems, Inc. was founded in 1983 and is headquartered in San Diego, California.


Classification

Sector: Technology
Industry: Software - Application
Keywords: Payment Systems E-Commerce Camera Software Application Transaction Account Mobile Telecommunications Mobile Payments Cognition Lock Box Mobile Solutions Mobile Deposit E Checks Remote Deposit

Is MITK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.98
52 Week Low 8.775
Average Volume 351,915
200-Day Moving Average 11.36
50-Day Moving Average 12.12
20-Day Moving Average 11.69
10-Day Moving Average 11.71
Average True Range 0.40
RSI (14) 56.71
ADX 21.78
+DI 20.62
-DI 20.83
Chandelier Exit (Long, 3 ATRs) 11.26
Chandelier Exit (Short, 3 ATRs) 12.39
Upper Bollinger Bands 12.12
Lower Bollinger Band 11.25
Percent B (%b) 1.09
BandWidth 7.43
MACD Line -0.07
MACD Signal Line -0.14
MACD Histogram 0.0773
Fundamentals Value
Market Cap 556.19 Million
Num Shares 45.6 Million
EPS 0.20
Price-to-Earnings (P/E) Ratio 61.00
Price-to-Sales 3.34
Price-to-Book 2.79
PEG Ratio 1.28
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.22
Resistance 3 (R3) 13.16 12.75 13.05
Resistance 2 (R2) 12.75 12.49 12.79 12.99
Resistance 1 (R1) 12.48 12.33 12.62 12.54 12.94
Pivot Point 12.07 12.07 12.14 12.11 12.07
Support 1 (S1) 11.80 11.81 11.94 11.86 11.46
Support 2 (S2) 11.39 11.65 11.43 11.41
Support 3 (S3) 11.12 11.39 11.35
Support 4 (S4) 11.18