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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 2024-11-21 View latest technical analysis

10 day averaged volume of Mic Electronics is 474417

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	83.14	86.69	86.69	82.61	0.773 times
19 Tue Nov 2024	86.05	84.48	87.99	84.15	0.739 times
18 Mon Nov 2024	84.02	86.60	86.60	82.91	0.684 times
14 Thu Nov 2024	85.46	84.00	87.95	83.01	0.81 times
13 Wed Nov 2024	84.85	89.98	89.98	84.17	1.335 times
12 Tue Nov 2024	88.60	92.50	93.45	87.55	0.806 times
11 Mon Nov 2024	91.51	91.49	95.18	89.99	1.648 times
08 Fri Nov 2024	90.65	95.00	95.45	90.20	0.687 times
07 Thu Nov 2024	94.19	95.64	96.55	93.11	0.96 times
06 Wed Nov 2024	94.05	91.01	94.37	91.01	1.481 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 84.4, but if it comes above 84.4, then a intra day buy could be more profitable.
If you take a sell trade below 84.4, then use 84.4 as stoploss and 79.7 as target. However if you take a buy trade in stock , then use 84.4 as stoploss and 88.33 as target.

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	81.17
Downside Intraday Target	79.2
Upside Intraday Target	86.55
Upside Intraday Target	89.96
Upside Intraday Target	84.58

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Nov 2024	83.14	86.60	87.99	82.61	0.477 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 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
21 Thu Nov 2024	83.14	95.40	97.15	82.61	1.054 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 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 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 SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 88.89 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.