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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)

10 day averaged volume of Mic Electronics is 266404

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	35.60	33.90	35.60	33.85	0.448 times
29 Wed Nov 2023	33.95	35.15	35.50	33.55	1.842 times
28 Tue Nov 2023	35.15	36.95	37.50	35.00	1 times
24 Fri Nov 2023	36.30	37.10	37.95	36.00	0.628 times
23 Thu Nov 2023	37.10	38.30	38.30	36.50	0.679 times
22 Wed Nov 2023	37.55	39.40	39.40	36.90	0.512 times
21 Tue Nov 2023	38.40	36.65	38.45	36.65	0.973 times
20 Mon Nov 2023	36.65	37.00	37.70	36.25	0.876 times
17 Fri Nov 2023	37.70	39.25	39.30	37.00	1.424 times
16 Thu Nov 2023	38.50	38.90	39.50	38.00	0.972 times

My analysis of stock is bearish for shortterm, and stock might move down till 31.1 or till 25. Use a stoploss of 36.14 and if the stock hits stoploss, then it can shoot up till 41.21

Share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Target	18.10
Downside Target	22.80
Downside Target	23.70
Downside Target	25.55
Downside Target	30.75
Downside Target	33.55
Upside Target	36.00
Upside Target	37.00
Upside Target	37.50
Upside Target	38.70
Upside Target	39.40
Upside Target	40.95
Upside Target	43.55

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	33.6
Downside Intraday Target	31.6
Upside Intraday Target	37.55
Upside Intraday Target	39.5
Downside Intraday Target	35.55

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu Nov 2023	35.60	36.95	37.50	33.55	0.897 times
24 Fri Nov 2023	36.30	37.00	39.40	36.00	0.677 times
17 Fri Nov 2023	37.70	40.90	40.95	37.00	0.884 times
10 Fri Nov 2023	39.00	43.30	43.55	38.70	1.754 times
29 Fri Sep 2023	25.90	25.25	26.00	22.85	0.874 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
30 Thu Nov 2023	35.60	43.30	43.55	33.55	1.632 times
29 Fri Sep 2023	25.90	28.50	31.60	22.85	1.687 times
31 Thu Aug 2023	28.20	27.10	31.30	25.55	0.518 times
31 Mon Jul 2023	28.50	22.80	30.75	22.80	1.073 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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.

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 green color and prices are above the green 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 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 36.5 and Mic Electronics (MICEL_BE) 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_BE) stock. Volume based technical analysis of Mic Electronics (MICEL_BE) stock is negative.

Mic Electronics Stock has given negative 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.