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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Mitek Systems, Inc. (NASDAQ:MITK)

Bear Market Rally (-75) - MITK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MITK as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid MITK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MITK.

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NASDAQ_MITK
Open High Low MITK Price Change
8.78 8.90 8.66 8.67 -0.22
Entry Signal

MarketClub’s Trade Triangles for MITK

long term down The long-term trend has been DOWN since Jun 14th, 2024 at 11.15

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 9.25

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 9.33

Smart Scan Analysis for MITK

Based on our trend formula, MITK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for MITK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.78 8.90 8.66 8.67 -0.22
Prev. Close Volume Bid Ask Time
8.69 302074 2024-11-19 15:59:34
Year High10Year High Date2018-01-17
Year Low6.32Year Low Date2018-10-10
52wk High16.2452wk High Date2024-04-15
52wk Low7.3552wk Low Date2024-08-09
Year End Close3.21Average Volume446,178
Shares Outstanding92,994Short Interest4,826,976
% Institutional24.9Market Cap402M
Assets409,227,000MLiabilities199,591,000M
P/E Ratio78.7647Beta2.56
Volatility54.31
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