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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 2024-04-01 View latest technical analysis

10 day averaged volume of Mic Electronics is 374659

Date	Daily Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	41.45	41.00	41.45	40.35	1.058 times
28 Thu Mar 2024	39.50	39.65	40.75	39.35	0.868 times
27 Wed Mar 2024	38.85	41.45	41.45	38.35	1.448 times
26 Tue Mar 2024	40.10	43.15	43.15	39.75	0.992 times
22 Fri Mar 2024	41.85	41.20	42.70	40.45	0.852 times
21 Thu Mar 2024	40.70	39.95	40.70	39.75	0.478 times
20 Wed Mar 2024	38.80	41.65	41.65	38.60	0.543 times
19 Tue Mar 2024	40.25	42.40	43.70	39.90	1.134 times
18 Mon Mar 2024	41.70	40.15	41.70	40.15	0.501 times
15 Fri Mar 2024	39.75	39.10	39.75	38.70	1.005 times

My analysis of stock is bearish for shortterm, and stock might move down till 38.9 or till 35.3. Use a stoploss of 41.99 and if the stock hits stoploss, then it can shoot up till 45.04

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	41.45
Upside Target	43.15
Upside Target	43.70
Upside Target	45.50
Upside Target	49.95
Upside Target	53.65

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	40.72
Downside Intraday Target	39.98
Upside Intraday Target	41.82
Upside Intraday Target	42.18
Downside Intraday Target	41.08

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Mon Apr 2024	41.45	41.00	41.45	40.35	0.32 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
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

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
01 Mon Apr 2024	41.45	41.00	41.45	40.35	0.049 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 term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 and the sell signal is strong.

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

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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 40.19 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 negative.

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