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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 2024-08-07 View latest technical analysis

10 day averaged volume of Mic Electronics is 862449

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	76.87	75.50	79.90	75.50	0.645 times
06 Tue Aug 2024	76.97	78.35	82.50	76.55	0.628 times
05 Mon Aug 2024	80.46	78.00	84.50	77.02	0.816 times
02 Fri Aug 2024	81.08	80.10	83.80	80.00	0.54 times
01 Thu Aug 2024	82.59	85.15	86.70	80.88	0.821 times
31 Wed Jul 2024	85.13	81.50	85.15	81.30	1.245 times
30 Tue Jul 2024	81.10	82.59	84.95	80.80	1.044 times
29 Mon Jul 2024	83.78	86.00	86.40	82.00	0.584 times
26 Fri Jul 2024	82.93	82.60	85.00	80.50	0.865 times
25 Thu Jul 2024	83.58	83.91	84.90	82.57	1.717 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 74.9, for a target of 80.6 or 85.37

Share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Target	31.95
Downside Target	33.05
Downside Target	37.90
Downside Target	38.70
Downside Target	43.55
Downside Target	75.50
Upside Target	80.00
Upside Target	84.50
Upside Target	86.70
Upside Target	87.82
Upside Target	89.90
Upside Target	94.50
Upside Target	97.80

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	73.41
Downside Intraday Target	69.96
Upside Intraday Target	82.41
Upside Intraday Target	87.96
Upside Intraday Target	78.96

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Aug 2024	76.87	78.00	84.50	75.50	0.493 times
02 Fri Aug 2024	81.08	86.00	86.70	80.00	0.605 times
26 Fri Jul 2024	82.93	83.50	94.50	80.50	1.024 times
19 Fri Jul 2024	87.82	89.20	97.80	87.82	1.217 times
12 Fri Jul 2024	87.29	35.75	89.90	34.20	8.203 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
07 Wed Aug 2024	76.87	85.15	86.70	75.50	0.157 times
31 Wed Jul 2024	85.13	89.00	97.80	80.50	4.309 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

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_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 BUY. 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 in or below the green 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 positive zone. This is a BUY 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 81.98 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.