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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)

10 day averaged volume of Mic Electronics is 112997

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 16.25 15.90 16.25 15.60 0.775 times
23 Mon May 2022 15.50 16.00 16.90 15.45 1.616 times
20 Fri May 2022 16.10 16.70 16.80 15.80 0.724 times
19 Thu May 2022 16.25 16.50 16.95 16.25 1.86 times
18 Wed May 2022 17.10 17.10 17.10 16.95 0.548 times
17 Tue May 2022 16.30 15.85 16.30 15.85 0.375 times
16 Mon May 2022 15.55 15.50 15.55 15.00 0.414 times
13 Fri May 2022 14.85 14.60 15.25 13.90 0.958 times
12 Thu May 2022 14.55 15.45 15.45 14.45 1.401 times
11 Wed May 2022 15.20 15.90 16.20 15.10 0.712 times

My analysis of stock is bearish for shortterm, and stock might move down till 15.4 or till 13.9. Use a stoploss of 16.68 and if the stock hits stoploss, then it can shoot up till 17.93

Share price targets for Mic Electronics (MICEL)

Target Type Value
Downside Target 13.90
Downside Target 15.00
Downside Target 15.45
Downside Target 16.15
Upside Target 16.60
Upside Target 18.75
Upside Target 19.40
Upside Target 19.65
Upside Target 19.70
Upside Target 23.15
Upside Target 38.30

Intraday share price targets for Mic Electronics (MICEL)

Target Type Value
Downside Intraday Target 15.5
Downside Intraday Target 14.75
Upside Intraday Target 16.95
Upside Intraday Target 17.65
Downside Intraday Target 16.2

Weekly technical analysis of Mic Electronics (MICEL)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 16.25 16.00 16.90 15.45 0.61 times
20 Fri May 2022 16.10 15.50 17.10 15.00 0.697 times
13 Fri May 2022 14.85 16.75 17.20 13.90 0.849 times
06 Fri May 2022 16.95 17.85 18.75 16.60 0.551 times
29 Fri Apr 2022 17.60 17.80 19.40 17.25 2.175 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
24 Tue May 2022 16.25 17.85 18.75 13.90 0.517 times
29 Fri Apr 2022 17.60 17.10 19.70 16.15 6.401 times
31 Thu Mar 2022 16.75 18.35 19.65 16.60 0.106 times
12 Wed Jan 2022 35.00 24.95 38.30 23.15 0 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)

Indicator Name Indicator Value Indicator Signal
ADX 18, 31, 27 Sell
MACD -3, -4Buy
Stochastics 63None
CCI 24Buy
RSI 51Buy
OBV -78107Sell
VWAP 16Buy
ADL 0Sell
ROC 3Buy
Force Index 0Sell

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 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 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

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 BUY signal for Mic Electronics in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mic Electronics Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Mic Electronics in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 15.65 and Mic Electronics (MICEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.

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Daily charts

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