Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-01-09 View latest technical analysis

10 day averaged volume of Mic Electronics is 198991

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	37.80	37.45	37.80	37.20	2.516 times
08 Mon Jan 2024	36.00	34.50	36.00	34.15	2.87 times
05 Fri Jan 2024	34.30	34.00	34.50	33.40	1.227 times
04 Thu Jan 2024	33.85	33.90	34.15	33.40	0.986 times
03 Wed Jan 2024	33.80	33.95	34.50	33.50	0.587 times
02 Tue Jan 2024	33.85	33.50	34.30	33.45	0.817 times
01 Mon Jan 2024	33.80	34.40	34.40	33.60	0.719 times
29 Fri Dec 2023	33.80	33.80	34.05	33.00	0.663 times
28 Thu Dec 2023	33.30	33.30	33.95	33.20	0.78 times
27 Wed Dec 2023	33.70	34.40	34.40	33.50	0.772 times

Stock of Mic Electronics (MICEL_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 37.4, for a target of 35.9 or 34.71

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
Downside Target	34.55
Downside Target	35.10
Downside Target	36.45
Downside Target	37.80
Upside Target	37.90
Upside Target	43.55

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	35.37
Downside Intraday Target	32.93
Upside Intraday Target	39.02
Upside Intraday Target	40.23
Downside Intraday Target	36.58

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	37.80	34.50	37.80	34.15	1.242 times
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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	37.80	34.40	37.80	33.40	0.465 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mic Electronics in short term and the buy signal is strong.

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

Mic Electronics Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 35.19 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.