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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 2024-07-10 View latest technical analysis

10 day averaged volume of Mic Electronics is 143120

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	87.70	89.00	89.90	85.20	14.154 times
30 Tue Jan 2024	34.80	35.50	35.50	34.20	0.801 times
29 Mon Jan 2024	35.00	35.75	35.75	34.50	1.329 times
25 Thu Jan 2024	34.70	34.80	34.95	33.80	0.805 times
24 Wed Jan 2024	34.20	34.55	35.00	33.05	0.646 times
23 Tue Jan 2024	33.85	35.35	36.10	33.50	1.75 times
22 Mon Jan 2024	34.70	35.50	35.50	33.75	0.923 times
19 Fri Jan 2024	34.95	35.00	35.50	34.55	0.78 times
18 Thu Jan 2024	34.80	35.00	35.20	34.05	0.767 times
17 Wed Jan 2024	34.90	35.30	35.65	34.15	1.272 times

Stock of Mic Electronics (MICEL_BE) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 63.1, for a target of 49.3 or 37.82

Share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Target	22.85
Downside Target	31.60
Downside Target	33.05
Downside Target	36.10
Downside Target	36.90
Downside Target	37.90
Downside Target	38.70
Downside Target	43.55
Downside Target	85.20
Upside Target	89.90

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	51.3
Downside Intraday Target	14.9
Upside Intraday Target	107
Upside Intraday Target	126.3
Downside Intraday Target	70.6

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	87.70	35.75	89.90	34.20	3.949 times
25 Thu Jan 2024	34.70	35.50	36.10	33.05	0.81 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mic Electronics (MICEL_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	87.70	89.00	89.90	85.20	0.461 times
30 Tue Jan 2024	34.80	34.40	38.70	33.05	1.057 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

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 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 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_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 BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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 and BUY 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

Although the stock is in the SELL zone, but selling 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 66.96 and Mic Electronics (MICEL_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.