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Is MITK showing upside potential? MACD Bullish Signal Line Cross shows up after sinking 1.64%

Mitek Systems, Inc. (MITK) — SwingTradeBot Technical Analysis Report · Sep 19, 2025, 17:51 ET
On Friday, September 19th, MITK moved down 1.64% while volume increased to 1.6× the usual levels. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 10.06, 9.92 & 9.72, with resistance at 10.39, 10.59 & 10.73.

Current SwingTradeBot Technical Rating of MITK: C

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Mitek Systems, Inc. (MITK)