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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 2024-10-01 View latest technical analysis

10 day averaged volume of Mic Electronics is 1096809

Date	Daily Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	101.19	97.98	102.46	95.50	0.536 times
30 Mon Sep 2024	97.61	99.98	101.20	95.10	0.592 times
27 Fri Sep 2024	99.98	100.50	104.80	98.00	0.543 times
26 Thu Sep 2024	101.04	98.50	105.00	97.19	0.876 times
25 Wed Sep 2024	102.31	106.90	106.90	102.31	0.757 times
24 Tue Sep 2024	107.70	103.95	108.76	100.05	2.024 times
23 Mon Sep 2024	103.59	95.01	103.59	93.72	2.775 times
20 Fri Sep 2024	98.66	98.66	98.66	98.66	0.206 times
19 Thu Sep 2024	103.86	114.79	114.79	103.86	1.393 times
18 Wed Sep 2024	109.33	109.33	109.33	109.33	0.376 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 105 as stoploss in an intra day sell trade for a target of 95.07. However, stock will show a bullish move above 105.

Share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Target	33.05
Downside Target	38.70
Downside Target	72.01
Downside Target	78.00
Downside Target	79.80
Downside Target	86.00
Downside Target	88.50
Downside Target	93.72
Downside Target	97.80
Upside Target	102.46
Upside Target	108.76
Upside Target	114.79

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	96.71
Downside Intraday Target	92.22
Upside Intraday Target	104.07
Upside Intraday Target	106.94
Downside Intraday Target	99.58

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Tue Oct 2024	101.19	99.98	102.46	95.10	0.162 times
27 Fri Sep 2024	99.98	95.01	108.76	93.72	1.769 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

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
01 Tue Oct 2024	101.19	97.98	102.46	95.50	0.032 times
30 Mon Sep 2024	97.61	86.00	114.79	78.00	1.554 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

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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Mic Electronics stock for short term is SELL. 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 getting stronger in this stock.

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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 103.58 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.