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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 2024-01-19 View latest technical analysis

10 day averaged volume of Mic Electronics is 277082

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	34.95	35.00	35.50	34.55	0.403 times
18 Thu Jan 2024	34.80	35.00	35.20	34.05	0.396 times
17 Wed Jan 2024	34.90	35.30	35.65	34.15	0.657 times
16 Tue Jan 2024	35.75	35.45	36.00	35.25	0.479 times
15 Mon Jan 2024	35.45	36.45	36.90	35.05	0.694 times
12 Fri Jan 2024	36.35	37.40	37.45	35.75	0.67 times
11 Thu Jan 2024	36.90	37.00	38.40	36.40	0.81 times
10 Wed Jan 2024	36.65	38.00	38.70	36.00	1.544 times
09 Tue Jan 2024	37.80	37.45	37.80	37.20	1.807 times
08 Mon Jan 2024	36.00	34.50	36.00	34.15	2.061 times

My analysis of stock is bullish for shortterm, and stock might move up till 36.2 or till 37.7. Use a stoploss of 34.9 and if this stock hits its stoploss, then it can fall down till 33.64

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	34.50
Upside 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	33.7
Downside Intraday Target	32.45
Upside Intraday Target	36.55
Upside Intraday Target	38.15
Upside Intraday Target	35.3

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jan 2024	34.95	36.45	36.90	34.05	0.381 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
19 Fri Jan 2024	34.95	34.40	38.70	33.40	0.841 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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.

Mic Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a buy signal for Mic Electronics in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 36.33 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.