Technical Analysis for MITK - Mitek Systems, Inc.

Grade Last Price % Change Price Change
grade D 9.085 -0.76% -0.07
MITK closed down 0.76 percent on Thursday, July 9, 2020, on 80 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Down
Historical MITK trend table...

Date Alert Name Type % Chg
Stochastic Buy Signal Bullish 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Touch Weakness -0.76%
Oversold Stochastic Weakness -0.76%
Stochastic Reached Oversold Weakness 0.72%
Down 3 Days in a Row Weakness 0.72%
Down 4 Days in a Row Weakness 0.72%
Oversold Stochastic Weakness 0.72%
Fell Below 50 DMA Bearish -2.52%
MACD Bearish Centerline Cross Bearish -2.52%

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Profile

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.
Financial Services E-Commerce Software Solutions Payment Systems Smartphone Mobile Telecommunications Software Application Transaction Account Mobile Payment OVI A Software Application 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 11.43
52 Week Low 5.26
Average Volume 343,489
200-Day Moving Average 8.69
50-Day Moving Average 9.36
20-Day Moving Average 9.49
10-Day Moving Average 9.28
Average True Range 0.37
ADX 12.87
+DI 16.59
-DI 23.44
Chandelier Exit (Long, 3 ATRs ) 9.34
Chandelier Exit (Short, 3 ATRs ) 9.92
Upper Bollinger Band 10.06
Lower Bollinger Band 8.91
Percent B (%b) 0.15
BandWidth 12.17
MACD Line -0.08
MACD Signal Line 0.00
MACD Histogram -0.0791
Fundamentals Value
Market Cap 305.12 Million
Num Shares 33.6 Million
EPS 0.06
Price-to-Earnings (P/E) Ratio 151.42
Price-to-Sales 7.17
Price-to-Book 6.54
PEG Ratio 1.61
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.63
Resistance 3 (R3) 9.64 9.47 9.54
Resistance 2 (R2) 9.47 9.33 9.46 9.50
Resistance 1 (R1) 9.28 9.25 9.19 9.27 9.47
Pivot Point 9.11 9.11 9.07 9.10 9.11
Support 1 (S1) 8.92 8.97 8.83 8.91 8.70
Support 2 (S2) 8.75 8.89 8.74 8.67
Support 3 (S3) 8.56 8.75 8.64
Support 4 (S4) 8.55