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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 2024-09-25 View latest technical analysis

10 day averaged volume of Mic Electronics is 1269755

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	102.31	106.90	106.90	102.31	0.654 times
24 Tue Sep 2024	107.70	103.95	108.76	100.05	1.749 times
23 Mon Sep 2024	103.59	95.01	103.59	93.72	2.397 times
20 Fri Sep 2024	98.66	98.66	98.66	98.66	0.178 times
19 Thu Sep 2024	103.86	114.79	114.79	103.86	1.203 times
18 Wed Sep 2024	109.33	109.33	109.33	109.33	0.324 times
17 Tue Sep 2024	104.13	104.13	104.13	103.90	0.396 times
16 Mon Sep 2024	99.18	99.00	99.18	96.35	1.304 times
13 Fri Sep 2024	94.46	93.00	94.46	92.10	1.007 times
12 Thu Sep 2024	89.97	89.90	89.97	85.30	0.911 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 102.2, but if it comes below 102.2, then a intra day sell could be more profitable.
If you take a sell trade below 102.2, then use 102.2 as stoploss and 91.43 as target. However if you take a buy trade in stock , then use 102.2 as stoploss and 115 as target.

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	76.10
Downside Target	78.00
Downside Target	79.80
Downside Target	86.00
Downside Target	88.50
Downside Target	93.72
Downside Target	96.35
Downside Target	97.80
Upside Target	108.76
Upside Target	114.79

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	94.43
Downside Intraday Target	86.56
Upside Intraday Target	109.47
Upside Intraday Target	116.64
Downside Intraday Target	101.6

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	102.31	95.01	108.76	93.72	1.409 times
20 Fri Sep 2024	98.66	99.00	114.79	96.35	1.137 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

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
25 Wed Sep 2024	102.31	86.00	114.79	78.00	1.366 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 losing momentum.

MACD generated a BUY signal for Mic Electronics in short term and the buy 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above 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 but buying is losing 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 101.67 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.