(MITC) complete technical analysis [charts+indicators] | Buy/Sell | (MITC) share price targets
Complete technical analysis of (MITC) by charts plus indicators, forecast predictions and share price targets for (MITC)
10 day averaged volume of is 25450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Aug 2022 | 3.34 | 3.39 | 3.70 | 3.31 | 4.546 times |
| 01 Mon Aug 2022 | 3.31 | 3.39 | 3.50 | 3.30 | 2.102 times |
| 29 Fri Jul 2022 | 3.25 | 3.35 | 3.50 | 3.25 | 1.297 times |
| 28 Thu Jul 2022 | 3.35 | 3.31 | 3.50 | 3.31 | 0.951 times |
| 27 Wed Jul 2022 | 3.50 | 3.49 | 3.60 | 3.47 | 0.409 times |
| 26 Tue Jul 2022 | 3.48 | 3.54 | 3.54 | 3.41 | 0.291 times |
| 25 Mon Jul 2022 | 3.41 | 3.49 | 3.55 | 3.41 | 2.059 times |
| 22 Fri Jul 2022 | 3.44 | 3.54 | 3.54 | 3.38 | 0.978 times |
| 21 Thu Jul 2022 | 3.55 | 3.49 | 3.55 | 3.45 | 0.762 times |
| 20 Wed Jul 2022 | 3.45 | 3.54 | 3.54 | 3.40 | 0.385 times |
Stock of (MITC) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 3.3 as stoploss in an intra day buy trade for a target of 3.39. However, stock will show a bearish move below 3.3.
Share price targets for (MITC)
| Target Type | Value |
| Downside Target | 3.20 |
| Upside Target | 3.47 |
| Upside Target | 3.60 |
| Upside Target | 3.70 |
| Upside Target | 4.11 |
| Upside Target | 4.35 |
| Upside Target | 5.03 |
| Upside Target | 5.27 |
Intraday share price targets for (MITC)
| Target Type | Value |
| Downside Intraday Target | 3.19 |
| Downside Intraday Target | 3.05 |
| Upside Intraday Target | 3.59 |
| Upside Intraday Target | 3.85 |
| Upside Intraday Target | 3.45 |
Weekly technical analysis of (MITC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Aug 2022 | 3.34 | 3.39 | 3.70 | 3.30 | 1.328 times |
| 29 Fri Jul 2022 | 3.25 | 3.49 | 3.60 | 3.25 | 1.395 times |
| 22 Fri Jul 2022 | 3.44 | 3.60 | 3.60 | 3.32 | 0.516 times |
| 15 Fri Jul 2022 | 3.55 | 3.32 | 3.60 | 3.20 | 1.898 times |
| 08 Fri Jul 2022 | 3.32 | 3.37 | 3.47 | 3.20 | 7.008 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of (MITC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Tue Aug 2022 | 3.34 | 3.39 | 3.70 | 3.30 | 0.328 times |
| 29 Fri Jul 2022 | 3.25 | 3.50 | 3.60 | 3.20 | 0.914 times |
| 30 Thu Jun 2022 | 3.31 | 4.25 | 5.03 | 3.20 | 0.603 times |
| 31 Tue May 2022 | 4.20 | 4.35 | 4.35 | 3.26 | 2.556 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of (MITC)
Price action analysis of ( (MITC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (MITC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (MITC) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of ( (MITC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.37 and (MITC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the (MITC) stock. Volume based technical analysis of (MITC) stock is negative.
Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of ( (MITC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (MITC) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of ( (MITC) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of ( (MITC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Stock of is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 3.37 and (MITC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the (MITC) stock. Volume based technical analysis of (MITC) stock is negative.
Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.