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

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

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Mirc Elect is 199339

Date Daily Closing Price Open High Low Volume
05 Tue Mar 2024 23.94 24.22 24.79 23.79 0.445 times
04 Mon Mar 2024 24.45 24.80 25.11 23.84 0.321 times
02 Sat Mar 2024 24.67 24.90 25.99 24.49 0.121 times
01 Fri Mar 2024 24.89 25.36 25.90 24.67 0.731 times
29 Thu Feb 2024 24.86 23.97 25.30 22.90 1.12 times
28 Wed Feb 2024 23.97 25.23 26.50 23.76 2.151 times
27 Tue Feb 2024 25.71 26.59 27.66 25.56 0.762 times
26 Mon Feb 2024 26.86 27.94 27.99 26.57 0.668 times
23 Fri Feb 2024 27.60 28.55 28.95 27.35 0.539 times
22 Thu Feb 2024 28.65 27.21 29.15 26.11 1.817 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 24.8, but if it comes above 24.8, then a intra day buy could be more profitable.
If you take a sell trade below 24.8, then use 24.8 as stoploss and 23 as target. However if you take a buy trade in stock , then use 24.8 as stoploss and 26.26 as target.

Share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Target 15.70
Downside Target 17.83
Downside Target 19.29
Downside Target 19.82
Downside Target 21.78
Downside Target 22.90
Downside Target 23.79
Upside Target 24.57
Upside Target 25.11
Upside Target 25.99
Upside Target 27.99
Upside Target 28.05
Upside Target 30.37
Upside Target 30.68

Intraday share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Intraday Target 23.45
Downside Intraday Target 22.96
Upside Intraday Target 24.77
Upside Intraday Target 25.6
Upside Intraday Target 24.28

Weekly technical analysis of Mirc Elect (MircElect)

Date Weekly Closing Price Open High Low Volume
05 Tue Mar 2024 23.94 24.80 25.11 23.79 0.138 times
02 Sat Mar 2024 24.67 27.94 27.99 22.90 0.473 times
23 Fri Feb 2024 27.60 26.02 30.37 26.02 1.212 times
16 Fri Feb 2024 26.30 27.36 28.05 24.00 0.307 times
09 Fri Feb 2024 26.19 24.76 30.68 24.57 0.948 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 Mirc Elect (MircElect)

Date Monthly Closing Price Open High Low Volume
05 Tue Mar 2024 23.94 25.36 25.99 23.79 0.022 times
29 Thu Feb 2024 24.86 19.50 30.68 19.29 2.408 times
31 Wed Jan 2024 19.39 15.88 21.78 15.80 5.629 times
29 Fri Dec 2023 15.88 16.85 19.82 15.88 0.91 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 Elect (MircElect)

Price action analysis of Mirc Elect ( (MircElect) ) 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 Mirc Elect ( (MircElect) ) 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 Elect ( (MircElect) ) 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 Elect ( (MircElect) ) 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 Elect stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mirc Elect in short term but the sell signal is initial and weak.

Mirc Elect 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mirc Elect 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 Mirc Elect is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.77 and Mirc Elect (MircElect) 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 Elect (MircElect) stock. Volume based technical analysis of Mirc Elect (MircElect) stock is negative.

Mirc Elect 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.

Price action analysis of Mirc Elect ( (MircElect) ) 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 Mirc Elect ( (MircElect) ) 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 Elect ( (MircElect) ) 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 Elect ( (MircElect) ) 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 Elect stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mirc Elect in short term but the sell signal is initial and weak.

Mirc Elect 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Mirc Elect 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 Mirc Elect is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 25.77 and Mirc Elect (MircElect) 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 Elect (MircElect) stock. Volume based technical analysis of Mirc Elect (MircElect) stock is negative.

Mirc Elect 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.

Click here for Mirc Elect charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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