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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)

Showing technical analysis as on 2024-03-21 View latest technical analysis

10 day averaged volume of Mic Electronics is 399925

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	40.70	39.95	40.70	39.75	0.448 times
20 Wed Mar 2024	38.80	41.65	41.65	38.60	0.508 times
19 Tue Mar 2024	40.25	42.40	43.70	39.90	1.062 times
18 Mon Mar 2024	41.70	40.15	41.70	40.15	0.47 times
15 Fri Mar 2024	39.75	39.10	39.75	38.70	0.941 times
14 Thu Mar 2024	37.90	37.15	38.50	36.85	2.043 times
13 Wed Mar 2024	38.75	40.05	40.45	38.75	0.863 times
12 Tue Mar 2024	40.75	42.95	43.00	40.75	0.777 times
11 Mon Mar 2024	42.90	45.45	45.50	42.85	0.896 times
07 Thu Mar 2024	45.10	45.70	46.50	44.05	1.149 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 40.2 as stoploss in an intra day buy trade for a target of 43.82. However, stock will show a bearish move below 40.2.

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	27.05
Downside Target	33.25
Downside Target	35.20
Downside Target	36.50
Downside Target	38.60
Upside Target	41.50
Upside Target	43.15
Upside Target	48.00
Upside Target	49.95
Upside Target	50.90
Upside Target	53.65

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	38.3
Downside Intraday Target	35.9
Upside Intraday Target	43.4
Upside Intraday Target	46.1
Upside Intraday Target	41

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Mar 2024	40.70	40.15	43.70	38.60	0.451 times
15 Fri Mar 2024	39.75	45.45	45.50	36.85	0.904 times
07 Thu Mar 2024	45.10	49.50	49.95	43.15	0.678 times
02 Sat Mar 2024	48.90	49.25	50.90	44.80	0.451 times
23 Fri Feb 2024	48.25	51.40	53.65	44.30	1.453 times

Price has moved up 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
21 Thu Mar 2024	40.70	47.90	49.95	36.85	0.283 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
06 Mon Nov 2023	41.50	36.05	41.50	35.30	0.143 times

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mic Electronics ( (MICEL) ) based on a short 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.

Price action analysis of Mic Electronics ( (MICEL) ) based on a short to mid 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 mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 and the sell signal is strong.

Mic Electronics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

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 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 40.46 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 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 positive

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