Technical Analysis for MITK - Mitek Systems, Inc.

Grade Last Price % Change Price Change
B 13.15 3.06% 0.39
MITK closed up 3.06 percent on Friday, July 26, 2024, on 1.18 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. 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.
Earnings due: Aug 8
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
New Uptrend Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 9 hours ago
Possible Pocket Pivot about 9 hours ago
Up 2 ATRs about 14 hours ago
1.5x Volume Pace about 14 hours ago
Gapped Up (Full) about 14 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 16.24
52 Week Low 9.47
Average Volume 542,926
200-Day Moving Average 12.07
50-Day Moving Average 11.98
20-Day Moving Average 11.72
10-Day Moving Average 12.28
Average True Range 0.44
RSI (14) 70.85
ADX 26.67
+DI 41.61
-DI 10.77
Chandelier Exit (Long, 3 ATRs) 12.39
Chandelier Exit (Short, 3 ATRs) 12.03
Upper Bollinger Bands 13.01
Lower Bollinger Band 10.43
Percent B (%b) 1.06
BandWidth 21.96
MACD Line 0.26
MACD Signal Line 0.07
MACD Histogram 0.1934
Fundamentals Value
Market Cap 599.5 Million
Num Shares 45.6 Million
EPS 0.20
Price-to-Earnings (P/E) Ratio 65.75
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) 14.10
Resistance 3 (R3) 14.18 13.95 13.94
Resistance 2 (R2) 13.95 13.71 13.91 13.88
Resistance 1 (R1) 13.55 13.56 13.44 13.47 13.83
Pivot Point 13.32 13.32 13.26 13.28 13.32
Support 1 (S1) 12.92 13.08 12.81 12.84 12.47
Support 2 (S2) 12.69 12.93 12.65 12.42
Support 3 (S3) 12.29 12.69 12.36
Support 4 (S4) 12.21