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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 2024-09-03 View latest technical analysis

10 day averaged volume of Mic Electronics is 586616

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	80.31	81.00	82.30	79.00	0.537 times
02 Mon Sep 2024	80.51	86.00	86.00	79.31	0.92 times
30 Fri Aug 2024	83.31	84.90	86.10	83.00	0.699 times
29 Thu Aug 2024	82.89	87.40	88.50	82.35	1.539 times
28 Wed Aug 2024	85.70	84.00	85.70	81.55	2.006 times
27 Tue Aug 2024	81.62	78.90	81.62	77.15	1.49 times
26 Mon Aug 2024	77.74	76.10	78.99	76.10	0.918 times
23 Fri Aug 2024	77.19	75.82	78.90	75.75	0.647 times
22 Thu Aug 2024	75.82	78.20	78.95	75.60	0.616 times
21 Wed Aug 2024	76.96	78.00	78.00	76.00	0.437 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 81.7 as stoploss in an intra day sell trade for a target of 78.7. However, stock will show a bullish move above 81.7.

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	72.01
Downside Target	75.00
Downside Target	79.00
Upside Target	82.90
Upside Target	84.50
Upside Target	86.00
Upside Target	88.50
Upside Target	97.80

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	77.54
Downside Intraday Target	74.77
Upside Intraday Target	84.54
Upside Intraday Target	88.77
Upside Intraday Target	81.77

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Sep 2024	80.31	86.00	86.00	79.00	0.219 times
30 Fri Aug 2024	83.31	76.10	88.50	76.10	2.04 times
23 Fri Aug 2024	77.19	81.00	81.00	75.60	0.845 times
16 Fri Aug 2024	80.33	75.00	82.90	72.01	0.914 times
09 Fri Aug 2024	75.41	78.00	84.50	75.00	0.678 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
03 Tue Sep 2024	80.31	86.00	86.00	79.00	0.073 times
30 Fri Aug 2024	83.31	85.15	88.50	72.01	0.619 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

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 losing 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mic Electronics in short term but SELL signal is weak.

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 81.37 and Mic Electronics (MICEL_BE) 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_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 negative.

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