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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 2024-12-18 View latest technical analysis

10 day averaged volume of Mic Electronics is 500415

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	86.01	88.01	89.00	85.60	0.582 times
17 Tue Dec 2024	87.91	89.76	89.78	87.60	0.594 times
16 Mon Dec 2024	89.31	89.90	91.24	88.55	0.772 times
13 Fri Dec 2024	88.83	88.70	90.62	86.85	0.62 times
12 Thu Dec 2024	88.62	90.79	91.27	86.50	0.959 times
11 Wed Dec 2024	90.39	91.26	92.76	90.14	0.867 times
10 Tue Dec 2024	92.78	95.00	96.00	91.25	1.718 times
09 Mon Dec 2024	94.14	91.50	94.50	90.56	2.383 times
06 Fri Dec 2024	90.00	91.30	91.30	89.27	0.707 times
05 Thu Dec 2024	90.26	89.93	91.40	89.00	0.587 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 84.4 as stoploss in an intra day buy trade for a target of 87.75. However, stock will show a bearish move below 84.4.

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	43.90
Downside Target	80.98
Upside Target	86.50
Upside Target	87.99
Upside Target	91.24
Upside Target	92.57
Upside Target	96.00
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	83.99
Downside Intraday Target	81.98
Upside Intraday Target	89.63
Upside Intraday Target	93.26
Upside Intraday Target	87.62

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Dec 2024	86.01	89.90	91.24	85.60	0.297 times
13 Fri Dec 2024	88.83	91.50	96.00	86.50	1.3 times
06 Fri Dec 2024	90.00	85.60	92.57	84.50	2.002 times
29 Fri Nov 2024	83.98	85.05	86.35	83.05	0.976 times
22 Fri Nov 2024	83.34	86.60	87.99	82.00	0.591 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
18 Wed Dec 2024	86.01	85.60	96.00	84.50	0.833 times
29 Fri Nov 2024	83.98	95.40	97.15	82.00	1.294 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

Scroll below to view daily charts

Price has moved up 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mic Electronics ( (MICEL) ) based on a mid to longer 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.

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 red color and prices are below the red 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 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 90.92 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.