Is Mitek Systems, Inc. technically bullish or bearish?

As of 8 May 2025, the technical trend for Mitek Systems, Inc. has changed from bearish to mildly bearish. The current stance is mildly bearish, driven primarily by the daily moving averages indicating a bearish sentiment and the weekly Dow Theory also showing a mildly bearish outlook. While the MACD is bullish on the weekly timeframe, it is bearish on the monthly, suggesting mixed signals. The Bollinger Bands reflect a bullish stance on the weekly but are mildly bearish on the monthly, further contributing to the overall mildly bearish sentiment. The RSI shows no signals on both weekly and monthly timeframes, indicating a lack of momentum. Overall, the strength of the bearish stance is moderate, with some bullish indicators on shorter timeframes.