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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 2024-10-16 View latest technical analysis

10 day averaged volume of Mic Electronics is 2896921

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	96.40	95.00	98.60	94.36	0.176 times
15 Tue Oct 2024	94.01	96.77	97.75	93.45	0.181 times
14 Mon Oct 2024	96.75	97.97	100.80	94.50	0.186 times
09 Tue Jul 2024	89.69	89.51	93.78	85.10	1.907 times
08 Mon Jul 2024	89.32	82.00	90.19	81.60	3.338 times
05 Fri Jul 2024	85.90	85.90	87.00	85.90	0.508 times
04 Thu Jul 2024	90.43	99.94	99.94	90.43	3.215 times
03 Wed Jul 2024	95.19	95.19	95.19	95.19	0.033 times
02 Tue Jul 2024	90.66	90.66	90.66	90.66	0.035 times
01 Mon Jul 2024	86.35	86.35	86.35	86.35	0.125 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 93.4, but if it comes below 93.4, then a intra day sell could be more profitable.
If you take a sell trade below 93.4, then use 93.4 as stoploss and 79.08 as target. However if you take a buy trade in stock , then use 93.4 as stoploss and 110.5 as target.

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	39.00
Downside Target	43.90
Downside Target	45.90
Downside Target	53.41
Downside Target	55.70
Downside Target	59.80
Downside Target	64.45
Downside Target	66.06
Downside Target	81.60
Downside Target	85.90
Downside Target	93.45
Upside Target	99.94
Upside Target	100.80

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	92.97
Downside Intraday Target	89.53
Upside Intraday Target	100.32
Upside Intraday Target	104.23
Upside Intraday Target	96.88

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Oct 2024	96.40	97.97	100.80	93.45	0.104 times
09 Tue Jul 2024	89.69	82.00	93.78	81.60	1.34 times
05 Fri Jul 2024	85.90	86.35	99.94	85.90	1.348 times
28 Fri Jun 2024	82.24	67.67	82.24	66.06	2.328 times
21 Fri Jun 2024	64.45	54.55	64.45	53.41	0.809 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
16 Wed Oct 2024	96.40	97.97	100.80	93.45	0.059 times
09 Tue Jul 2024	89.69	86.35	99.94	81.60	1.328 times
28 Fri Jun 2024	82.24	51.25	82.24	43.90	1.186 times
31 Fri May 2024	48.90	50.40	59.80	45.90	1.485 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 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.

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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 89.93 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.