RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MNDO
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Evaluation of MIND C.T.I. Ltd. stock downgraded after the last trading session.
(Updated on Mar 28, 2024)

Sell candidate since Mar 28, 2024 PDF

The MIND C.T.I. Ltd. stock price fell by -1.70% on the last day (Thursday, 28th Mar 2024) from $1.93 to $1.90. During the last trading day the stock fluctuated 2.11% from a day low at $1.89 to a day high of $1.93. The price has fallen in 6 of the last 10 days and is down by -12.57% for this period. Volume has increased on the last day by 26 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 36 thousand shares were bought and sold for approximately $68.73 thousand.

Given the current horizontal trend, you can expect MIND C.T.I. Ltd. stock with a 90% probability to be traded between $1.90 and $2.25 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

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MNDO Signals & Forecast

There are few to no technical positive signals at the moment. The MIND C.T.I. Ltd. stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $1.91 and $2.08. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, March 18, 2024, and so far it has fallen -15.30%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). MIND C.T.I. Ltd. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for MIND C.T.I. Ltd. stock

There is no support from accumulated volume below today's level and given the right condition the stock may perform very badly in the next couple of days.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0399 between high and low, or 2.11%. For the last week, the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MNDO) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect MIND C.T.I. Ltd. to open at $1.91, and during the day (based on 14 day Average True Range), to move between $1.84 and $1.95, which gives a possible trading interval of +/-$0.0566 (+/-2.98%) up or down from last closing price. If MIND C.T.I. Ltd. takes out the full calculated possible swing range there will be an estimated 5.97% move between the lowest and the highest trading price during the day.

With no support below and resistance from accumulated volume @ $2.00, some $0.103 (5.42%) from the current price of $1.90, our system finds the risk reward not very attractive.

Is MIND C.T.I. Ltd. stock A Buy?

MIND C.T.I. Ltd. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -2.582 Sell Candidate Downgraded

Predicted Opening Price for MIND C.T.I. Ltd. of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.91 ( 0.448%) $1.90

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MNDO

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.95 2.55 %
R2 1.93 1.75 %
R1 1.92 1.25 %
Current price: 1.90
Support S1 1.89 -0.355 %
S2 1.88 -0.85 %
S3 1.87 -1.66 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 2.24 18.07 %
R2 2.07 9.11 %
R1 2.00 5.42 %
Current price 1.90
Support S1 0 .
S2 0 .
S3 0 .

MNDO Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 06, 2024 Mar 19, 2024 Apr 04, 2024 $0.240 12.63%
2 Mar 08, 2023 Mar 21, 2023 Apr 06, 2023 $0.240 12.50%
3 Mar 15, 2022 Mar 23, 2022 Apr 06, 2022 $0.260 8.97%
4 Mar 04, 2021 Mar 17, 2021 Apr 08, 2021 $0.260 8.70%
5 Mar 16, 2020 Mar 24, 2020 Apr 16, 2020 $0.240 13.87%

FAQ

What is the symbol for MIND C.T.I. Ltd. Stock and on which exchange is it traded?
The symbol for MIND C.T.I. Ltd. is MNDO and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell MIND C.T.I. Ltd. Stock?
MIND C.T.I. Ltd. holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy MIND C.T.I. Ltd. Stock?
MIND C.T.I. Ltd. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy MIND C.T.I. Ltd. Stock.

What's the current price of MIND C.T.I. Ltd. Stock?
As of the end of day on the 2024-03-28, the price of an MIND C.T.I. Ltd. (MNDO) share was $1.90.

What is the 52-week high and low for MIND C.T.I. Ltd. Stock?
The 52-week high for MIND C.T.I. Ltd. Stock is $2.28 and the 52-week low is $1.82.

What is the market capitalization of MIND C.T.I. Ltd. Stock?
As of the 2024-03-28, the market capitalization of MIND C.T.I. Ltd. is 38.295M.

When is the next earnings date for MIND C.T.I. Ltd.?
The upcoming earnings date for MIND C.T.I. Ltd. is May 08, 2024.
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About MIND C.T.I. Ltd.

MIND C.T.I. Ltd. MIND C.T.I. Ltd., together with its subsidiaries, designs, develops, markets, supports, implements, and operates billing and customer care systems in the Americas, Europe, Israel, the Asia Pacific, and Africa. It operates in two segments, Billing and Related Services and Messaging. The company offers billing and customer care solutions that support various services, such as voice, data, and content services, as well as prepaid, postpaid, and pay-... MNDO Profile

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