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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 2024-06-12 View latest technical analysis

10 day averaged volume of Mirc Elect is 100154

Date Daily Closing Price Open High Low Volume
12 Wed Jun 2024 22.12 22.85 22.94 21.45 1.239 times
11 Tue Jun 2024 22.13 21.50 22.13 21.16 0.436 times
10 Mon Jun 2024 21.08 21.95 21.95 21.00 0.495 times
07 Fri Jun 2024 21.32 20.63 21.75 20.63 0.704 times
06 Thu Jun 2024 20.93 21.35 21.40 20.45 1.216 times
05 Wed Jun 2024 20.78 20.20 20.83 19.00 1.069 times
04 Tue Jun 2024 19.84 20.75 20.75 19.84 0.85 times
03 Mon Jun 2024 20.88 21.34 21.50 20.43 1.922 times
31 Fri May 2024 20.51 20.85 21.23 20.40 1.1 times
30 Thu May 2024 20.77 21.29 21.50 20.50 1.072 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 21.9, but if it comes below 21.9, then a intra day sell could be more profitable.
If you take a sell trade below 21.9, then use 21.9 as stoploss and 21.23 as target. However if you take a buy trade in stock , then use 21.9 as stoploss and 22.7 as target.

Share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Target 18.01
Downside Target 19.00
Downside Target 20.10
Downside Target 21.00
Upside Target 22.55
Upside Target 22.94
Upside Target 25.10
Upside Target 25.99
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 21.1
Downside Intraday Target 20.08
Upside Intraday Target 23.04
Upside Intraday Target 23.96
Downside Intraday Target 22.02

Weekly technical analysis of Mirc Elect (MircElect)

Date Weekly Closing Price Open High Low Volume
12 Wed Jun 2024 22.12 21.95 22.94 21.00 0.377 times
07 Fri Jun 2024 21.32 21.34 21.75 19.00 1.105 times
31 Fri May 2024 20.51 21.15 21.50 20.10 1.145 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

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
12 Wed Jun 2024 22.12 21.34 22.94 19.00 0.158 times
31 Fri May 2024 20.51 27.07 27.78 20.10 0.899 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

Scroll below to view daily charts

Price has moved up 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 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 Mirc Elect ( (MircElect) ) 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 Mirc Elect ( (MircElect) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mirc Elect Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 buy signal for Mirc Elect in short term and BUY 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

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

Stock of Mirc Elect is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.98 and Mirc Elect (MircElect) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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 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 Mirc Elect ( (MircElect) ) 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 Mirc Elect ( (MircElect) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mirc Elect Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 buy signal for Mirc Elect in short term and BUY 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

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

Stock of Mirc Elect is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 20.98 and Mirc Elect (MircElect) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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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