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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 2024-04-05 View latest technical analysis

10 day averaged volume of Mic Electronics is 384668

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Apr 2024	44.40	46.00	46.00	43.80	0.873 times
04 Thu Apr 2024	45.30	47.00	47.00	44.70	1.11 times
03 Wed Apr 2024	45.05	43.40	45.05	42.30	1.754 times
02 Tue Apr 2024	42.95	42.70	43.50	41.55	1.06 times
01 Mon Apr 2024	41.45	41.00	41.45	40.35	1.031 times
28 Thu Mar 2024	39.50	39.65	40.75	39.35	0.845 times
27 Wed Mar 2024	38.85	41.45	41.45	38.35	1.411 times
26 Tue Mar 2024	40.10	43.15	43.15	39.75	0.966 times
22 Fri Mar 2024	41.85	41.20	42.70	40.45	0.83 times
21 Thu Mar 2024	40.70	39.95	40.70	39.75	0.465 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.8, but if it comes below 43.8, then a intra day sell could be more profitable.
If you take a sell trade below 43.8, then use 43.8 as stoploss and 41.52 as target. However if you take a buy trade in stock , then use 43.8 as stoploss and 46.6 as target.

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	41.50
Downside Target	43.15
Upside Target	45.50
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	40.83
Downside Intraday Target	37.27
Upside Intraday Target	47.48
Upside Intraday Target	50.57
Downside Intraday Target	43.92

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
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
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, 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
05 Fri Apr 2024	44.40	41.00	47.00	40.35	0.275 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 losing 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 red color and prices are in or above the red 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.23 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.