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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 2024-04-22 View latest technical analysis

10 day averaged volume of Mic Electronics is 280012

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	44.80	42.95	44.80	42.10	1.288 times
19 Fri Apr 2024	40.75	40.20	41.85	40.00	1.139 times
18 Thu Apr 2024	41.95	42.20	42.50	41.70	0.651 times
16 Tue Apr 2024	41.45	41.20	42.50	40.60	0.681 times
15 Mon Apr 2024	40.60	39.05	41.75	39.00	1.424 times
12 Fri Apr 2024	42.25	43.65	43.65	41.75	0.679 times
10 Wed Apr 2024	42.75	42.60	44.00	42.00	0.889 times
09 Tue Apr 2024	41.80	43.90	44.80	41.00	1.186 times
08 Mon Apr 2024	43.90	45.35	45.70	43.60	0.627 times
05 Fri Apr 2024	44.40	46.00	46.00	43.80	1.199 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.9, but if it comes below 43.9, then a intra day sell could be more profitable.
If you take a sell trade below 43.9, then use 43.9 as stoploss and 41.96 as target. However if you take a buy trade in stock , then use 43.9 as stoploss and 46.2 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	43.15
Downside Target	44.80
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	43
Downside Intraday Target	41.2
Upside Intraday Target	45.7
Upside Intraday Target	46.6
Downside Intraday Target	43.9

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	44.80	42.95	44.80	42.10	0.331 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, 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
22 Mon Apr 2024	44.80	41.00	47.00	39.00	0.57 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 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 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 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 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 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 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 in or above 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 positive zone. This is a BUY 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 42.46 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 negative.

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