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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 2024-11-19 View latest technical analysis

10 day averaged volume of Mic Electronics is 510641

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	86.05	84.48	87.99	84.15	0.687 times
18 Mon Nov 2024	84.02	86.60	86.60	82.91	0.636 times
14 Thu Nov 2024	85.46	84.00	87.95	83.01	0.752 times
13 Wed Nov 2024	84.85	89.98	89.98	84.17	1.24 times
12 Tue Nov 2024	88.60	92.50	93.45	87.55	0.749 times
11 Mon Nov 2024	91.51	91.49	95.18	89.99	1.531 times
08 Fri Nov 2024	90.65	95.00	95.45	90.20	0.638 times
07 Thu Nov 2024	94.19	95.64	96.55	93.11	0.892 times
06 Wed Nov 2024	94.05	91.01	94.37	91.01	1.376 times
05 Tue Nov 2024	89.88	88.93	91.59	88.05	0.79 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 84.7 as stoploss in an intra day buy trade for a target of 88.48. However, stock will show a bearish move below 84.7.

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	43.90
Downside Target	45.90
Downside Target	59.80
Downside Target	80.98
Upside Target	87.99
Upside Target	94.10
Upside Target	95.18
Upside Target	96.55
Upside Target	97.15
Upside Target	99.94
Upside Target	100.80

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	83.31
Downside Intraday Target	80.57
Upside Intraday Target	88.39
Upside Intraday Target	90.73
Downside Intraday Target	85.65

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Nov 2024	86.05	86.60	87.99	82.91	0.31 times
14 Thu Nov 2024	85.46	91.49	95.18	83.01	0.839 times
08 Fri Nov 2024	90.65	95.48	96.55	88.05	1.181 times
01 Fri Nov 2024	96.09	82.90	97.15	81.12	0.864 times
25 Fri Oct 2024	82.21	93.01	94.10	80.98	1.093 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
19 Tue Nov 2024	86.05	95.40	97.15	82.91	0.996 times
31 Thu Oct 2024	92.53	97.97	100.80	80.98	0.237 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 but buying is losing 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 89.42 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 negative.

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