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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 2024-10-28 View latest technical analysis

10 day averaged volume of Mic Electronics is 488042

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	86.31	82.90	86.32	81.12	0.882 times
25 Fri Oct 2024	82.21	85.70	86.84	80.98	1.367 times
24 Thu Oct 2024	85.25	87.88	89.60	83.57	0.637 times
23 Wed Oct 2024	87.22	85.00	90.00	81.84	1.207 times
22 Tue Oct 2024	86.15	90.00	90.69	86.15	1.091 times
21 Mon Oct 2024	90.69	93.01	94.10	90.00	0.92 times
18 Fri Oct 2024	94.13	94.00	95.75	90.20	0.903 times
17 Thu Oct 2024	94.22	96.99	97.80	94.00	0.651 times
16 Wed Oct 2024	96.40	95.00	98.60	94.36	1.045 times
15 Tue Oct 2024	94.01	96.77	97.75	93.45	1.077 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 84.1 as stoploss in an intra day buy trade for a target of 89.07. However, stock will show a bearish move below 84.1.

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	80.98
Downside 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	82.85
Downside Intraday Target	79.38
Upside Intraday Target	88.05
Upside Intraday Target	89.78
Downside Intraday Target	84.58

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	86.31	82.90	86.32	81.12	0.169 times
25 Fri Oct 2024	82.21	93.01	94.10	80.98	1.093 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

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
28 Mon Oct 2024	86.31	97.97	100.80	80.98	0.2 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 Strong and stock is losing 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 weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Mic Electronics in short term but BUY signal is weak.

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 89.35 and Mic Electronics (MICEL) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

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