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

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

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Mic Electronics is 1147029

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	47.15	47.90	49.20	46.50	0.61 times
29 Thu Feb 2024	47.75	46.20	47.75	45.80	0.45 times
28 Wed Feb 2024	45.50	47.60	48.20	44.80	0.559 times
27 Tue Feb 2024	47.15	50.90	50.90	47.15	0.549 times
26 Mon Feb 2024	49.60	49.25	50.60	49.00	0.762 times
23 Fri Feb 2024	48.25	50.50	51.25	48.00	1.738 times
22 Thu Feb 2024	48.85	46.00	48.85	44.30	0.961 times
21 Wed Feb 2024	46.55	48.05	49.20	46.55	1.069 times
20 Tue Feb 2024	49.00	53.45	53.65	48.95	2.379 times
19 Mon Feb 2024	51.50	51.40	51.50	51.00	0.816 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 48.7 as stoploss in an intra day sell trade for a target of 44.24. However, stock will show a bullish move above 48.7.

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	27.05
Downside Target	33.25
Downside Target	35.20
Downside Target	36.15
Downside Target	41.50
Downside Target	42.70
Downside Target	44.30
Downside Target	46.50
Downside Target	46.85
Upside Target	48.00
Upside Target	49.20
Upside Target	50.90
Upside Target	53.65

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	44.33
Downside Intraday Target	41.52
Upside Intraday Target	50.43
Upside Intraday Target	53.72
Upside Intraday Target	47.62

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	47.15	49.25	50.90	44.80	0.421 times
23 Fri Feb 2024	48.25	51.40	53.65	44.30	1.453 times
16 Fri Feb 2024	46.85	39.85	46.85	36.15	1.116 times
09 Fri Feb 2024	37.95	40.45	42.70	37.05	1.799 times
02 Fri Feb 2024	38.80	40.80	41.50	33.25	0.535 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)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	47.15	47.90	49.20	46.50	0.03 times
29 Thu Feb 2024	47.75	36.75	53.65	35.20	57.101 times
31 Wed Jan 2024	36.50	35.40	36.50	33.25	0.15 times
06 Mon Nov 2023	41.50	36.05	41.50	35.30	0.143 times

Scroll below to view daily charts

Price has moved down 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)

Price action analysis of Mic Electronics ( (MICEL) ) 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) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mic Electronics ( (MICEL) ) based on a short to mid 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) ) based on a mid to longer 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.

ADX buy sell signal for Mic Electronics stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mic Electronics in short term but the sell signal is initial and weak.

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 above the green cloud Prices appear to be coming down

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 and the buying is gaining 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 48.37 and Mic Electronics (MICEL) 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) stock. Volume based technical analysis of Mic Electronics (MICEL) 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.