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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 2024-10-24 View latest technical analysis

10 day averaged volume of Mic Electronics is 1909769

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	85.25	87.88	89.60	83.57	0.163 times
23 Wed Oct 2024	87.22	85.00	90.00	81.84	0.308 times
22 Tue Oct 2024	86.15	90.00	90.69	86.15	0.279 times
21 Mon Oct 2024	90.69	93.01	94.10	90.00	0.235 times
18 Fri Oct 2024	94.13	94.00	95.75	90.20	0.231 times
17 Thu Oct 2024	94.22	96.99	97.80	94.00	0.166 times
16 Wed Oct 2024	96.40	95.00	98.60	94.36	0.267 times
15 Tue Oct 2024	94.01	96.77	97.75	93.45	0.275 times
14 Mon Oct 2024	96.75	97.97	100.80	94.50	0.281 times
09 Tue Jul 2024	89.69	89.51	93.78	85.10	2.893 times

My analysis of stock is bearish for shortterm, and stock might move down till 81 or till 72.8. Use a stoploss of 87.93 and if the stock hits stoploss, then it can shoot up till 94.82

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	39.00
Downside Target	43.90
Downside Target	45.90
Downside Target	55.70
Downside Target	59.80
Downside Target	66.06
Downside Target	81.60
Upside Target	85.90
Upside Target	90.20
Upside Target	93.78
Upside Target	94.10
Upside Target	99.94
Upside Target	100.80

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	80.03
Downside Intraday Target	74.8
Upside Intraday Target	92.29
Upside Intraday Target	99.32
Upside Intraday Target	87.06

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	85.25	93.01	94.10	81.84	0.807 times
18 Fri Oct 2024	94.13	97.97	100.80	90.20	0.153 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

Price has moved down 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
24 Thu Oct 2024	85.25	97.97	100.80	81.84	0.159 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 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mic Electronics in short term but the sell signal is initial and weak.

Mic Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mic Electronics in short term and SELL 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 90.57 and Mic Electronics (MICEL) stock is trading below this level. This means that stock is falling with high volumes. 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 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.