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(MICEL) Mic Electronics complete technical analysis [charts+indicators] | Buy/Sell Mic Electronics | (MICEL) share price targets

Complete technical analysis of Mic Electronics (MICEL) by charts plus indicators, forecast predictions and share price targets for Mic Electronics (MICEL)

10 day averaged volume of Mic Electronics is 338145

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	41.95	42.20	42.50	41.70	0.539 times
16 Tue Apr 2024	41.45	41.20	42.50	40.60	0.564 times
15 Mon Apr 2024	40.60	39.05	41.75	39.00	1.18 times
12 Fri Apr 2024	42.25	43.65	43.65	41.75	0.563 times
10 Wed Apr 2024	42.75	42.60	44.00	42.00	0.737 times
09 Tue Apr 2024	41.80	43.90	44.80	41.00	0.982 times
08 Mon Apr 2024	43.90	45.35	45.70	43.60	0.519 times
05 Fri Apr 2024	44.40	46.00	46.00	43.80	0.993 times
04 Thu Apr 2024	45.30	47.00	47.00	44.70	1.262 times
03 Wed Apr 2024	45.05	43.40	45.05	42.30	1.996 times

My analysis of stock is bullish for shortterm, and stock might move up till 43.6 or till 45.8. Use a stoploss of 41.78 and if this stock hits its stoploss, then it can fall down till 39.94

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	33.25
Downside Target	35.20
Downside Target	36.50
Downside Target	38.35
Downside Target	40.35
Upside Target	42.50
Upside Target	43.15
Upside Target	43.70
Upside Target	45.70
Upside Target	47.00
Upside Target	49.95
Upside Target	53.65

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	39.8
Downside Intraday Target	37.65
Upside Intraday Target	43.3
Upside Intraday Target	44.65
Downside Intraday Target	41.15

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	41.95	39.05	42.50	39.00	0.815 times
12 Fri Apr 2024	42.25	45.35	45.70	41.00	0.422 times
05 Fri Apr 2024	44.40	41.00	47.00	40.35	1.809 times
28 Thu Mar 2024	39.50	43.15	43.15	38.35	0.943 times
22 Fri Mar 2024	41.85	40.15	43.70	38.60	0.595 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Mic Electronics (MICEL)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Apr 2024	41.95	41.00	47.00	39.00	0.486 times
28 Thu Mar 2024	39.50	47.90	49.95	36.85	0.351 times
29 Thu Feb 2024	47.75	36.75	53.65	35.20	57.101 times
31 Wed Jan 2024	36.50	35.40	36.50	33.25	0.15 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mic Electronics (MICEL)

Price action analysis of Mic Electronics ( (MICEL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Mic Electronics ( (MICEL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mic Electronics ( (MICEL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Mic Electronics stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Mic Electronics in short term but the sell signal is initial and weak.

Mic Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mic Electronics in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Mic Electronics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 43.3 and Mic Electronics (MICEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mic Electronics (MICEL) stock. Volume based technical analysis of Mic Electronics (MICEL) stock is negative.

Mic Electronics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.