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(MICEL_BE) Mic Electronics complete technical analysis [charts+indicators] | Buy/Sell Mic Electronics | (MICEL_BE) share price targets

Complete technical analysis of Mic Electronics (MICEL_BE) by charts plus indicators, forecast predictions and share price targets for Mic Electronics (MICEL_BE)

Showing technical analysis as on 2024-01-05 View latest technical analysis

10 day averaged volume of Mic Electronics is 143866

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	34.30	34.00	34.50	33.40	1.697 times
04 Thu Jan 2024	33.85	33.90	34.15	33.40	1.364 times
03 Wed Jan 2024	33.80	33.95	34.50	33.50	0.812 times
02 Tue Jan 2024	33.85	33.50	34.30	33.45	1.13 times
01 Mon Jan 2024	33.80	34.40	34.40	33.60	0.994 times
29 Fri Dec 2023	33.80	33.80	34.05	33.00	0.917 times
28 Thu Dec 2023	33.30	33.30	33.95	33.20	1.079 times
27 Wed Dec 2023	33.70	34.40	34.40	33.50	1.068 times
26 Tue Dec 2023	33.90	35.00	35.10	33.50	0.801 times
22 Fri Dec 2023	34.10	33.95	34.50	33.00	0.535 times

My analysis of stock is bearish for shortterm, and stock might move down till 33.5 or till 32.3. Use a stoploss of 34.56 and if the stock hits stoploss, then it can shoot up till 35.58

Share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Target	22.85
Downside Target	25.55
Downside Target	31.30
Downside Target	33.00
Upside Target	34.50
Upside Target	34.55
Upside Target	35.10
Upside Target	36.45
Upside Target	36.95
Upside Target	37.90
Upside Target	43.55

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	33.63
Downside Intraday Target	32.97
Upside Intraday Target	34.73
Upside Intraday Target	35.17
Downside Intraday Target	34.07

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	34.30	34.40	34.50	33.40	1.551 times
29 Fri Dec 2023	33.80	35.00	35.10	33.00	0.657 times
22 Fri Dec 2023	34.10	36.15	36.45	31.95	0.536 times
15 Fri Dec 2023	35.80	35.35	37.90	34.55	1.632 times
08 Fri Dec 2023	34.55	35.90	36.95	33.20	0.886 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mic Electronics (MICEL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Jan 2024	34.30	34.40	34.50	33.40	0.207 times
29 Fri Dec 2023	33.80	36.35	37.90	31.95	0.844 times
30 Thu Nov 2023	35.60	43.30	43.55	33.55	1.638 times
29 Fri Sep 2023	25.90	28.50	31.60	22.85	1.68 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_BE)

Price action analysis of Mic Electronics ( (MICEL_BE) ) 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_BE) ) based on a short 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_BE) ) 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_BE) ) 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 losing momentum.

MACD generated a SELL signal for Mic Electronics in short term but the sell 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 green color and prices are in or below the green 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 but buying is losing 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 33.85 and Mic Electronics (MICEL_BE) 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_BE) stock. Volume based technical analysis of Mic Electronics (MICEL_BE) 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.