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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 2024-05-29 View latest technical analysis

10 day averaged volume of Mirc Elect is 227289

Date Daily Closing Price Open High Low Volume
29 Wed May 2024 20.85 20.10 21.10 20.10 0.501 times
28 Tue May 2024 20.80 21.13 21.38 20.33 0.459 times
27 Mon May 2024 20.96 21.15 21.19 20.66 0.38 times
24 Fri May 2024 20.74 20.79 21.55 20.40 0.6 times
23 Thu May 2024 21.00 21.71 22.22 20.90 0.534 times
22 Wed May 2024 22.00 22.20 22.38 21.76 0.254 times
21 Tue May 2024 21.78 22.12 22.55 21.71 0.619 times
18 Sat May 2024 22.50 21.60 22.51 21.59 0.616 times
17 Fri May 2024 21.44 21.99 22.38 21.10 2.032 times
16 Thu May 2024 22.14 22.14 23.10 22.14 3.983 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 21.2, but if it comes above 21.2, then a intra day buy could be more profitable.
If you take a sell trade below 21.2, then use 21.2 as stoploss and 19.1 as target. However if you take a buy trade in stock , then use 21.2 as stoploss and 23.03 as target.

Share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Target 15.80
Downside Target 18.01
Downside Target 19.11
Downside Target 20.10
Upside Target 21.10
Upside Target 22.46
Upside Target 25.10
Upside Target 25.99
Upside Target 26.02
Upside Target 26.71
Upside Target 27.78
Upside Target 30.68

Intraday share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Intraday Target 20.17
Downside Intraday Target 19.5
Upside Intraday Target 21.45
Upside Intraday Target 22.06
Downside Intraday Target 20.78

Weekly technical analysis of Mirc Elect (MircElect)

Date Weekly Closing Price Open High Low Volume
29 Wed May 2024 20.85 21.15 21.38 20.10 0.668 times
24 Fri May 2024 20.74 22.12 22.55 20.40 0.223 times
18 Sat May 2024 22.50 24.32 25.10 21.10 1.808 times
10 Fri May 2024 23.72 25.06 26.02 22.46 0.252 times
03 Fri May 2024 25.54 25.44 27.78 25.44 7.392 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 Mirc Elect (MircElect)

Date Monthly Closing Price Open High Low Volume
29 Wed May 2024 20.85 27.07 27.78 20.10 0.86 times
30 Tue Apr 2024 26.66 19.38 26.71 19.11 0.184 times
28 Thu Mar 2024 19.00 25.36 25.99 18.01 2.09 times
29 Thu Feb 2024 24.86 19.50 30.68 19.29 2.408 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mirc Elect in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 21.68 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mirc Elect in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 21.68 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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