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(MIRCELECTR) Mirc Electronics complete technical analysis [charts+indicators] | Buy/Sell Mirc Electronics | (MIRCELECTR) share price targets

Complete technical analysis of Mirc Electronics (MIRCELECTR) by charts plus indicators, forecast predictions and share price targets for Mirc Electronics (MIRCELECTR)

Mirc Electronics trades in NSE in Consumer Electronics sector.

Showing technical analysis as on 2024-03-15 View latest technical analysis

10 day averaged volume of Mirc Electronics is 882646

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	19.25	19.95	20.70	19.00	1.133 times
14 Thu Mar 2024	19.75	18.50	19.75	18.05	0.499 times
13 Wed Mar 2024	18.85	20.95	21.35	18.85	1.834 times
12 Tue Mar 2024	20.95	24.00	24.00	20.95	1.249 times
11 Mon Mar 2024	23.25	23.00	24.70	21.45	1.899 times
07 Thu Mar 2024	22.90	22.90	23.85	22.15	0.68 times
06 Wed Mar 2024	22.85	23.60	23.90	21.75	1.712 times
05 Tue Mar 2024	23.90	24.15	24.65	23.75	0.448 times
04 Mon Mar 2024	24.40	24.80	25.15	23.75	0.688 times
02 Sat Mar 2024	24.70	25.00	25.40	24.05	0.115 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.4, but if it comes above 21.4, then a intra day buy could be more profitable.
If you take a sell trade below 21.4, then use 21.4 as stoploss and 17.8 as target. However if you take a buy trade in stock , then use 21.4 as stoploss and 24.4 as target.

Share price targets for Mirc Electronics (MIRCELECTR)

Target Type	Value
Downside Target	11.45
Downside Target	16.50
Downside Target	17.60
Downside Target	18.05
Downside Target	18.55
Upside Target	19.35
Upside Target	21.75
Upside Target	23.00
Upside Target	23.95
Upside Target	24.70
Upside Target	25.80
Upside Target	27.80
Upside Target	28.15
Upside Target	30.45

Intraday share price targets for Mirc Electronics (MIRCELECTR)

Target Type	Value
Downside Intraday Target	16.63
Downside Intraday Target	14.02
Upside Intraday Target	23.28
Upside Intraday Target	27.32
Upside Intraday Target	20.67

Weekly technical analysis of Mirc Electronics (MIRCELECTR)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	19.25	23.00	24.70	18.05	1.875 times
07 Thu Mar 2024	22.90	24.80	25.15	21.75	0.621 times
02 Sat Mar 2024	24.70	27.80	27.80	23.00	0.491 times
23 Fri Feb 2024	27.65	26.40	30.45	26.05	1.231 times
16 Fri Feb 2024	26.15	27.60	28.15	24.00	0.247 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mirc Electronics (MIRCELECTR)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	19.25	25.10	25.80	18.05	0.126 times
29 Thu Feb 2024	24.80	19.50	30.45	19.35	7.546 times
31 Wed Jan 2024	19.35	19.75	21.75	18.55	0.229 times
20 Thu Jul 2023	22.10	17.20	23.95	16.50	1.453 times

Scroll below to view daily charts

Price has moved down 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 Mirc Electronics (MIRCELECTR)

Price action analysis of Mirc Electronics ( (MIRCELECTR) ) 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 Mirc Electronics ( (MIRCELECTR) ) based on a short to mid 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 Mirc Electronics ( (MIRCELECTR) ) 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 Mirc Electronics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Mirc Electronics in short term and the sell signal is strong.

Mirc Electronics Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a buy signal for Mirc Electronics in short term but BUY signal is weak.

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

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Mirc 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 21.6 and Mirc Electronics (MIRCELECTR) 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 Mirc Electronics (MIRCELECTR) stock. Volume based technical analysis of Mirc Electronics (MIRCELECTR) stock is negative.

Mirc Electronics Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

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