MIND TECHNOLOGY INC. - 15 min. - Technical analysis published on 03/07/2022 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 1.08 USD
My targets
1.22 USD (+3.39%)
1.33 USD (+12.97%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MIND TECHNOLOGY INC. as long as the price remains well above 1.08 USD. The buyers' bullish objective is set at 1.22 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.33 USD. If there is any crossing, the next objective would be the resistance located at 1.37 USD.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
6.3
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Additional analysis
Quotes
The MIND TECHNOLOGY INC. price is 1.18 USD. The price has increased by +11.32% since the last closing and was traded between 1.06 USD and 1.19 USD over the period. The price is currently at +11.32% from its lowest and -0.84% from its highest.1.06
1.19
1.18
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MIND TECHNOLOGY INC.:
Technical
Technical analysis of this 15 min. chart of MIND TECHNOLOGY INC. indicates that the overall trend is bullish. 75.00% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, 12 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
MACD indicator: bearish divergence
Type : Bearish
Timeframe : 15 minutes
MACD crosses DOWN its Moving Average
Type : Bearish
Timeframe : 15 minutes
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near resistance of triangle
Type : Bearish
Timeframe : 15 minutes
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.99 | 1.05 | 1.13 | 1.18 | 1.20 | 1.37 | 1.43 |
| Change (%) | -16.10% | -11.02% | -4.24% | - | +1.69% | +16.10% | +21.19% |
| Change | -0.19 | -0.13 | -0.05 | - | +0.02 | +0.19 | +0.25 |
| Level | Intermediate | Minor | Minor | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.92 | 0.98 | 1.02 | 1.08 | 1.12 | 1.18 | 1.22 |
| Camarilla | 1.03 | 1.04 | 1.05 | 1.06 | 1.07 | 1.08 | 1.09 |
| Woodie | 0.91 | 0.98 | 1.01 | 1.08 | 1.11 | 1.18 | 1.21 |
| Fibonacci | 0.98 | 1.02 | 1.04 | 1.08 | 1.12 | 1.14 | 1.18 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.66 | 0.79 | 0.93 | 1.06 | 1.20 | 1.33 | 1.47 |
| Camarilla | 0.99 | 1.01 | 1.04 | 1.06 | 1.09 | 1.11 | 1.13 |
| Woodie | 0.66 | 0.79 | 0.93 | 1.06 | 1.20 | 1.33 | 1.47 |
| Fibonacci | 0.79 | 0.90 | 0.96 | 1.06 | 1.17 | 1.23 | 1.33 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.52 | 0.75 | 0.96 | 1.19 | 1.40 | 1.63 | 1.84 |
| Camarilla | 1.04 | 1.08 | 1.12 | 1.16 | 1.20 | 1.24 | 1.28 |
| Woodie | 0.50 | 0.75 | 0.94 | 1.19 | 1.38 | 1.63 | 1.82 |
| Fibonacci | 0.75 | 0.92 | 1.03 | 1.19 | 1.36 | 1.47 | 1.63 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 55.64 | |
| MACD (12,26,9): | 0.0200 | |
| Directional Movement: | 29.29 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 1.11 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.05 | |
| Elder Ray (13): | 0.01 | |
| Super Trend (3,10): | 1.04 | |
| Zig ZAG (10): | 1.10 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 56.65 | |
| TEMA (21): | 1.11 | |
| Williams %R (14): | -49.40 | |
| Chande Momentum Oscillator (20): | 0.04 | |
| Repulse (5,40,3): | -0.6800 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2200 | |
| Courbe Coppock: | 7.64 |
| MA7: | 1.08 | |
| MA20: | 1.16 | |
| MA50: | 1.39 | |
| MA100: | 1.51 | |
| MAexp7: | 1.10 | |
| MAexp20: | 1.08 | |
| MAexp50: | 1.07 | |
| MAexp100: | 1.07 | |
| Price / MA7: | +9.26% | |
| Price / MA20: | +1.72% | |
| Price / MA50: | -15.11% | |
| Price / MA100: | -21.85% | |
| Price / MAexp7: | +7.27% | |
| Price / MAexp20: | +9.26% | |
| Price / MAexp50: | +10.28% | |
| Price / MAexp100: | +10.28% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on MIND TECHNOLOGY INC.. At the time of publication of this analysis, the latest news was as follows:
- MIND TECHNOLOGY ANNOUNCES PASSING OF BOARD MEMBER ROBERT J. ALBERS
- MIND Technology Declares Cash Dividend on its 9.00% Series A Cumulative Preferred Stock
- MIND TECHNOLOGY ENTERS INTO COOPERATIVE RESEARCH AND DEVELOPMENT AGREEMENT WITH US NAVY
- MIND Technology, Inc. Reports Fiscal 2022 Third Quarter Results
- MIND Technology Provides Operational Update
This member declared not having a position on this financial instrument or a related financial instrument.
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