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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 481706

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	50.40	55.70	55.70	50.40	5.003 times
24 Wed Apr 2024	53.05	50.60	53.05	50.60	1.907 times
23 Tue Apr 2024	48.25	47.45	48.85	46.00	3.478 times
22 Mon Apr 2024	44.80	42.95	44.80	42.10	0.749 times
19 Fri Apr 2024	40.75	40.20	41.85	40.00	0.662 times
18 Thu Apr 2024	41.95	42.20	42.50	41.70	0.378 times
16 Tue Apr 2024	41.45	41.20	42.50	40.60	0.396 times
15 Mon Apr 2024	40.60	39.05	41.75	39.00	0.828 times
12 Fri Apr 2024	42.25	43.65	43.65	41.75	0.395 times
10 Wed Apr 2024	42.75	42.60	44.00	42.00	0.517 times

Stock of Mic Electronics (MICEL) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 51.3, for a target of 47 or 43.48

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
Downside Target	43.15
Downside Target	45.70
Downside Target	47.00
Downside Target	49.95
Upside Target	53.65
Upside Target	55.70

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	43.1
Downside Intraday Target	35.8
Upside Intraday Target	56.7
Upside Intraday Target	63
Downside Intraday Target	49.4

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	50.40	42.95	55.70	42.10	4.918 times
19 Fri Apr 2024	40.75	39.05	42.50	39.00	1.152 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mic Electronics (MICEL)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	50.40	41.00	55.70	39.00	1.184 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mic Electronics ( (MICEL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mic Electronics ( (MICEL) ) based on a mid to longer term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Mic Electronics stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mic Electronics in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mic Electronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 47.95 and Mic Electronics (MICEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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