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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)

10 day averaged volume of Mic Electronics is 535186

Date Daily Closing Price Open High Low Volume
11 Fri Oct 2024 97.38 100.98 100.98 94.90 0.56 times
10 Thu Oct 2024 99.10 102.00 102.00 98.00 0.706 times
09 Wed Oct 2024 99.19 99.00 101.00 98.50 0.945 times
08 Tue Oct 2024 97.16 87.91 97.16 87.91 1.105 times
07 Mon Oct 2024 92.54 97.42 98.40 92.54 0.809 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 96.2 as stoploss in an intra day buy trade for a target of 100.2. However, stock will show a bearish move below 96.2.

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 89.53
Downside Intraday Target 81.67
Upside Intraday Target 103.62
Upside Intraday Target 109.85
Downside Intraday Target 95.76

Weekly technical analysis of Mic Electronics (MICEL_BE)

Date Weekly Closing Price Open High Low Volume
11 Fri Oct 2024 97.38 97.42 102.00 87.91 0.866 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 down 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
11 Fri Oct 2024 97.38 97.98 103.40 87.91 0.225 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

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 Mic Electronics (MICEL_BE)

Indicator Name Indicator Value Indicator Signal
ADX 19, 26, 17 Sell
MACD 7, 8Sell
Stochastics 60None
CCI -13Sell
RSI 63Buy
OBV 4747013Sell
VWAP 98Sell
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 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

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 SELL. Signal strength is Weak and stock is gaining 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 red color and prices are in or above the red 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

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 98.1 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.

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