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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 2024-09-26 View latest technical analysis

10 day averaged volume of Mic Electronics is 1285603

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	101.04	98.50	105.00	97.19	0.747 times
25 Wed Sep 2024	102.31	106.90	106.90	102.31	0.646 times
24 Tue Sep 2024	107.70	103.95	108.76	100.05	1.727 times
23 Mon Sep 2024	103.59	95.01	103.59	93.72	2.368 times
20 Fri Sep 2024	98.66	98.66	98.66	98.66	0.176 times
19 Thu Sep 2024	103.86	114.79	114.79	103.86	1.188 times
18 Wed Sep 2024	109.33	109.33	109.33	109.33	0.32 times
17 Tue Sep 2024	104.13	104.13	104.13	103.90	0.391 times
16 Mon Sep 2024	99.18	99.00	99.18	96.35	1.288 times
13 Fri Sep 2024	94.46	93.00	94.46	92.10	0.995 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 103.1 as stoploss in an intra day sell trade for a target of 92.34. However, stock will show a bullish move above 103.1.

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	93.59
Downside Intraday Target	86.13
Upside Intraday Target	108.63
Upside Intraday Target	116.21
Upside Intraday Target	101.17

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Sep 2024	101.04	95.01	108.76	93.72	1.631 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, 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
26 Thu Sep 2024	101.04	86.00	114.79	78.00	1.448 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak 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 tired and bears are picking up momentum.

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 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

Although the stock is in the BUY zone, but buying 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 102.69 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 positive

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