MYnd Analytics, Inc. ($MYND) Heads Up Against Catasys, Inc. ($CATS)

2019-08-16 | Welcome! Today we compared how two different stocks in the Hospital/Nursing Management industry are trading: MYnd Analytics, Inc. and Catasys, Inc.. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, MYnd Analytics, Inc. opened at 5.1, got to a maximum price of 5.93 and dropped to as low as 5.1 before finishing the session at 5.46. In total there were 61796 shares traded, which is enough to conduct our analysis. Compare that now to Catasys, Inc., which opened at 17.17, had a high of 17.77, a low of 15.03, closed at 15.45 and had a total volume of 347300.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator MYnd Analytics, Inc. Catasys, Inc.
Accumulation-distribution index 12.39244 342.576
on-balance volume -5.01 17.78
chaikin money flow

1.0 8.13333
force index

1.38999 3.927
ease of movement rating

-0.04291 -0.00174
volume-price trend

12.34517 -1.27775
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator MYnd Analytics, Inc. Catasys, Inc.
Average true range 0.22143 0.56657
Bolinger bands 5.69424 19.12642
Upper bollinger band 3.85576 13.07358
Lower bollinger band

5.1 15.03
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

5.37667 16.65667
High band keltner channel

4.54667 16.05667
Low band keltner channel

6.20667 17.25667
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

5.1 15.03
Donchain channel low band

5.1 15.03
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator MYnd Analytics, Inc. Catasys, Inc.
Moving Average Convergence Divergence (MACD) trend_macd 0.04801
MACD signal -0.0081 0.02667
MACD difference -0.00648 0.02134
fast Exponential Moving Average (EMA) indicator

5.1 15.03
slow Exponential Moving Average (EMA) indicator

5.1 15.03
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.10993 0.20403

130.93809 -10.89877
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 66.66667
Detrended Price Oscillator (DPO)

-3.52338 1.3309
KST Oscillator (KST)

2234.76189 -81.34638
KST Oscillator (KST Signal)

2234.76189 -81.34638
KST difference

-103.06839 32.69991
Ichimoku rating

5.515 17.47
Ichimoku B rating

5.515 17.47
Ichimoku visual trend A

2.33854 17.547
Ichimoku visual trend B

3.6732 17.88565
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

-4.0 4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator MYnd Analytics, Inc. Catasys, Inc.
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 54.84047
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

100.0 -164.49141
stochastic oscillator

100.0 456.66667
stochastic oscillator signal

100.0 456.66667
Williams %R rating

78.31325 356.66667
awesome oscillator

0.2331 -0.086

RETURNS: That’s all for technical analysis. Now let’s just list the returns for MYnd Analytics, Inc. and Catasys, Inc..

Daily return 223.47619 -8.13464
Daily log return -13.63364 13.31155
Cumulative return -12.7451 14.23819

So there you have it: our deep, grueling analysis comparing MYnd Analytics, Inc. and Catasys, Inc. together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s MYnd Analytics, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether MYND is strong or weak. Again – this is not a reliable indication of whether MYnd Analytics, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with Catasys, Inc.

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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