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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 2024-01-16 View latest technical analysis

10 day averaged volume of Mic Electronics is 282165

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	35.75	35.45	36.00	35.25	0.471 times
15 Mon Jan 2024	35.45	36.45	36.90	35.05	0.681 times
12 Fri Jan 2024	36.35	37.40	37.45	35.75	0.658 times
11 Thu Jan 2024	36.90	37.00	38.40	36.40	0.795 times
10 Wed Jan 2024	36.65	38.00	38.70	36.00	1.517 times
09 Tue Jan 2024	37.80	37.45	37.80	37.20	1.775 times
08 Mon Jan 2024	36.00	34.50	36.00	34.15	2.024 times
05 Fri Jan 2024	34.30	34.00	34.50	33.40	0.865 times
04 Thu Jan 2024	33.85	33.90	34.15	33.40	0.695 times
03 Wed Jan 2024	33.80	33.95	34.50	33.50	0.414 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 36.1 as stoploss in an intra day sell trade for a target of 34.78. However, stock will show a bullish move above 36.1.

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	35.05
Downside Target	35.10
Upside Target	36.45
Upside Target	36.90
Upside Target	37.90
Upside Target	38.70
Upside Target	43.55

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	34.9
Downside Intraday Target	34.05
Upside Intraday Target	36.75
Upside Intraday Target	37.75
Upside Intraday Target	35.9

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	35.75	36.45	36.90	35.05	0.17 times
12 Fri Jan 2024	36.35	34.50	38.70	34.15	2.214 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Jan 2024	35.75	34.40	38.70	33.40	0.744 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 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 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_BE) ) 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_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 gaining momentum.

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

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. Bears 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 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 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 36.08 and Mic Electronics (MICEL_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.