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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 2024-03-27 View latest technical analysis

10 day averaged volume of Mic Electronics is 353475

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	38.85	41.45	41.45	38.35	1.535 times
26 Tue Mar 2024	40.10	43.15	43.15	39.75	1.051 times
22 Fri Mar 2024	41.85	41.20	42.70	40.45	0.903 times
21 Thu Mar 2024	40.70	39.95	40.70	39.75	0.506 times
20 Wed Mar 2024	38.80	41.65	41.65	38.60	0.575 times
19 Tue Mar 2024	40.25	42.40	43.70	39.90	1.202 times
18 Mon Mar 2024	41.70	40.15	41.70	40.15	0.532 times
15 Fri Mar 2024	39.75	39.10	39.75	38.70	1.065 times
14 Thu Mar 2024	37.90	37.15	38.50	36.85	2.311 times
13 Wed Mar 2024	38.75	40.05	40.45	38.75	0.976 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39.3, but if it comes above 39.3, then a intra day buy could be more profitable.
If you take a sell trade below 39.3, then use 39.3 as stoploss and 35.4 as target. However if you take a buy trade in stock , then use 39.3 as stoploss and 42.61 as target.

Share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Target	27.05
Downside Target	33.25
Downside Target	35.20
Downside Target	36.50
Downside Target	38.35
Upside Target	41.50
Upside Target	43.15
Upside Target	44.80
Upside Target	45.50
Upside Target	48.00
Upside Target	49.95
Upside Target	50.90
Upside Target	53.65

Intraday share price targets for Mic Electronics (MICEL)

Target Type	Value
Downside Intraday Target	37.08
Downside Intraday Target	35.32
Upside Intraday Target	41.88
Upside Intraday Target	44.92
Upside Intraday Target	40.12

Weekly technical analysis of Mic Electronics (MICEL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	38.85	43.15	43.15	38.35	0.696 times
22 Fri Mar 2024	41.85	40.15	43.70	38.60	0.595 times
15 Fri Mar 2024	39.75	45.45	45.50	36.85	0.904 times
07 Thu Mar 2024	45.10	49.50	49.95	43.15	0.678 times
02 Sat Mar 2024	48.90	49.25	50.90	44.80	0.451 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
27 Wed Mar 2024	38.85	47.90	49.95	36.85	0.337 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 SELL signal for Mic Electronics in short term and the sell 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 red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining 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 39.49 and Mic Electronics (MICEL) 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) stock. Volume based technical analysis of Mic Electronics (MICEL) stock is negative.

Mic Electronics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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