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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 2024-10-10 View latest technical analysis

10 day averaged volume of Mic Electronics is 646477

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	99.10	102.00	102.00	98.00	0.584 times
09 Wed Oct 2024	99.19	99.00	101.00	98.50	0.782 times
08 Tue Oct 2024	97.16	87.91	97.16	87.91	0.915 times
07 Mon Oct 2024	92.54	97.42	98.40	92.54	0.67 times
04 Fri Oct 2024	97.42	97.00	101.10	94.10	0.901 times
03 Thu Oct 2024	98.15	99.00	103.40	96.20	1.128 times
01 Tue Oct 2024	101.19	97.98	102.46	95.50	0.91 times
30 Mon Sep 2024	97.61	99.98	101.20	95.10	1.004 times
27 Fri Sep 2024	99.98	100.50	104.80	98.00	0.921 times
26 Thu Sep 2024	101.04	98.50	105.00	97.19	1.485 times

My analysis of stock is bearish for shortterm, and stock might move down till 95.3 or till 89.8. Use a stoploss of 99.83 and if the stock hits stoploss, then it can shoot up till 104.38

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	87.91
Downside Target	93.72
Downside Target	96.35
Upside Target	102.00
Upside Target	103.40
Upside Target	108.76
Upside Target	114.79

Intraday share price targets for Mic Electronics (MICEL_BE)

Target Type	Value
Downside Intraday Target	90.67
Downside Intraday Target	82.25
Upside Intraday Target	104.76
Upside Intraday Target	110.43
Downside Intraday Target	96.34

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	99.10	97.42	102.00	87.91	0.748 times
04 Fri Oct 2024	97.42	99.98	103.40	94.10	0.333 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

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
10 Thu Oct 2024	99.10	97.98	103.40	87.91	0.209 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Mic Electronics ( (MICEL_BE) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 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 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 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 98.61 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 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.