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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 2024-09-17 View latest technical analysis

10 day averaged volume of Mic Electronics is 671499

Date	Daily Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	104.13	104.13	104.13	103.90	0.749 times
16 Mon Sep 2024	99.18	99.00	99.18	96.35	2.467 times
13 Fri Sep 2024	94.46	93.00	94.46	92.10	1.905 times
12 Thu Sep 2024	89.97	89.90	89.97	85.30	1.723 times
11 Wed Sep 2024	85.69	82.50	85.69	82.05	1 times
10 Tue Sep 2024	81.61	81.00	82.50	80.65	0.424 times
09 Mon Sep 2024	80.65	81.95	82.40	79.80	0.612 times
06 Fri Sep 2024	80.02	82.00	82.50	78.50	0.51 times
05 Thu Sep 2024	81.00	79.42	82.00	78.00	0.503 times
04 Wed Sep 2024	79.42	79.80	80.00	78.00	0.387 times

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 100.1, for a target of 91.3 or 83.91

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	75.60
Downside Target	78.00
Downside Target	79.80
Downside Target	86.00
Downside Target	88.50
Downside Target	94.46
Downside Target	96.35
Downside Target	97.80
Downside Target	104.13

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	98.94
Downside Intraday Target	93.76
Upside Intraday Target	106.72
Upside Intraday Target	109.32
Downside Intraday Target	101.54

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Tue Sep 2024	104.13	99.00	104.13	96.35	0.568 times
13 Fri Sep 2024	94.46	81.95	94.46	79.80	2.119 times
06 Fri Sep 2024	80.02	86.00	86.00	78.00	0.46 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

Price has moved up 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
17 Tue Sep 2024	104.13	86.00	104.13	78.00	0.662 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 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 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 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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 91.4 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.