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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 315601

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	40.75	40.20	41.85	40.00	1.011 times
18 Thu Apr 2024	41.95	42.20	42.50	41.70	0.578 times
16 Tue Apr 2024	41.45	41.20	42.50	40.60	0.604 times
15 Mon Apr 2024	40.60	39.05	41.75	39.00	1.264 times
12 Fri Apr 2024	42.25	43.65	43.65	41.75	0.603 times
10 Wed Apr 2024	42.75	42.60	44.00	42.00	0.789 times
09 Tue Apr 2024	41.80	43.90	44.80	41.00	1.052 times
08 Mon Apr 2024	43.90	45.35	45.70	43.60	0.556 times
05 Fri Apr 2024	44.40	46.00	46.00	43.80	1.064 times
04 Thu Apr 2024	45.30	47.00	47.00	44.70	1.353 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 39.9 as stoploss in an intra day buy trade for a target of 41.73. However, stock will show a bearish move below 39.9.

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	33.25
Downside Target	35.20
Downside Target	36.50
Downside Target	38.35
Downside Target	40.35
Upside Target	42.50
Upside Target	43.15
Upside Target	43.70
Upside Target	45.70
Upside Target	47.00
Upside Target	49.95
Upside Target	53.65

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	39
Downside Intraday Target	37.25
Upside Intraday Target	42.5
Upside Intraday Target	44.25
Downside Intraday Target	40.75

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Apr 2024	40.75	39.05	42.50	39.00	1.152 times
12 Fri Apr 2024	42.25	45.35	45.70	41.00	0.422 times
05 Fri Apr 2024	44.40	41.00	47.00	40.35	1.809 times
28 Thu Mar 2024	39.50	43.15	43.15	38.35	0.943 times
22 Fri Mar 2024	41.85	40.15	43.70	38.60	0.595 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
19 Fri Apr 2024	40.75	41.00	47.00	39.00	0.526 times
28 Thu Mar 2024	39.50	47.90	49.95	36.85	0.351 times
29 Thu Feb 2024	47.75	36.75	53.65	35.20	57.101 times
31 Wed Jan 2024	36.50	35.40	36.50	33.25	0.15 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 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 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 neutral. A longer time frame might give a better analysis.

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 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 weakening, and bulls are picking up momentum!

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 and the buying is gaining 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 42.59 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.