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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 2024-03-20 View latest technical analysis

10 day averaged volume of Mirc Elect is 2858983

Date Daily Closing Price Open High Low Volume
20 Wed Mar 2024 18.85 19.00 19.60 18.36 0.066 times
19 Tue Mar 2024 19.04 18.99 19.53 18.57 0.104 times
18 Mon Mar 2024 18.60 19.37 19.75 18.29 0.039 times
15 Fri Mar 2024 19.25 20.59 20.74 19.00 0.079 times
14 Thu Mar 2024 19.77 18.01 19.77 18.01 0.044 times
13 Wed Mar 2024 18.83 20.61 21.45 18.61 4.622 times
12 Tue Mar 2024 20.53 23.82 23.82 20.20 0.101 times
11 Mon Mar 2024 22.14 22.95 24.60 21.55 4.821 times
07 Thu Mar 2024 22.87 22.50 23.75 22.15 0.047 times
06 Wed Mar 2024 22.79 23.82 23.85 21.80 0.112 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 19.8, but if it comes above 19.8, then a intra day buy could be more profitable.
If you take a sell trade below 19.8, then use 19.8 as stoploss and 16.1 as target. However if you take a buy trade in stock , then use 19.8 as stoploss and 22.91 as target.

Share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Target 15.70
Downside Target 17.83
Upside Target 19.29
Upside Target 19.75
Upside Target 21.78
Upside Target 22.90
Upside Target 24.60
Upside Target 25.11
Upside Target 25.99
Upside Target 26.02
Upside Target 27.99
Upside Target 30.37
Upside Target 30.68

Intraday share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Intraday Target 18.18
Downside Intraday Target 17.5
Upside Intraday Target 19.64
Upside Intraday Target 20.42
Upside Intraday Target 18.96

Weekly technical analysis of Mirc Elect (MircElect)

Date Weekly Closing Price Open High Low Volume
20 Wed Mar 2024 18.85 19.37 19.75 18.29 0.022 times
15 Fri Mar 2024 19.25 22.95 24.60 18.01 45.556 times
07 Thu Mar 2024 22.87 24.80 25.11 21.80 0.548 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

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
20 Wed Mar 2024 18.85 25.36 25.99 18.01 2.001 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, and volume has increased substantially. This means that the move can 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 and the sell signal is strong.

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 red color and prices are below the red 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 negative zone. This is the SELL 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 20.51 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 negative.

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 and the sell signal is strong.

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 red color and prices are below the red 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 negative zone. This is the SELL 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 20.51 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 negative.

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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