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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 2024-11-28 View latest technical analysis

10 day averaged volume of Mic Electronics is 332356

Date	Daily Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	84.05	85.45	85.80	83.71	0.936 times
27 Wed Nov 2024	84.32	84.00	84.95	83.05	0.542 times
26 Tue Nov 2024	83.83	84.08	86.00	83.50	0.677 times
25 Mon Nov 2024	84.08	85.05	86.35	83.90	0.69 times
22 Fri Nov 2024	83.34	83.79	84.95	82.00	0.746 times
21 Thu Nov 2024	83.14	86.69	86.69	82.61	1.103 times
19 Tue Nov 2024	86.05	84.48	87.99	84.15	1.055 times
18 Mon Nov 2024	84.02	86.60	86.60	82.91	0.977 times
14 Thu Nov 2024	85.46	84.00	87.95	83.01	1.156 times
13 Wed Nov 2024	84.85	89.98	89.98	84.17	1.905 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 83.9 as stoploss in an intra day buy trade for a target of 88. However, stock will show a bearish move below 83.9.

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	86.35
Upside Target	88.05
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	82.62
Downside Intraday Target	81.18
Upside Intraday Target	85.92
Upside Intraday Target	87.78
Upside Intraday Target	84.48

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Thu Nov 2024	84.05	85.05	86.35	83.05	0.733 times
22 Fri Nov 2024	83.34	86.60	87.99	82.00	0.591 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

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 Thu Nov 2024	84.05	95.40	97.15	82.00	1.244 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mic Electronics ( (MICEL) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 coming down

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

RSI is generating a SELL signal in short term but selling is losing 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 84.43 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.