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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 2024-08-05 View latest technical analysis

10 day averaged volume of Mirc Elect is 152691

Date Daily Closing Price Open High Low Volume
05 Mon Aug 2024 20.61 20.62 21.20 20.54 1.389 times
02 Fri Aug 2024 21.62 21.70 22.75 21.50 0.867 times
01 Thu Aug 2024 22.12 22.86 23.15 22.05 0.516 times
31 Wed Jul 2024 22.86 24.00 24.30 22.71 0.613 times
30 Tue Jul 2024 23.80 23.54 24.20 23.33 0.488 times
29 Mon Jul 2024 23.54 23.06 24.46 23.06 1.727 times
26 Fri Jul 2024 23.68 23.47 23.69 22.36 2.941 times
25 Thu Jul 2024 22.57 22.30 23.00 22.00 0.435 times
24 Wed Jul 2024 22.19 21.45 22.45 21.45 1.211 times
23 Tue Jul 2024 21.45 21.73 22.20 20.99 0.476 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 20.7, but if it comes above 20.7, then a intra day buy could be more profitable.
If you take a sell trade below 20.7, then use 20.7 as stoploss and 19.4 as target. However if you take a buy trade in stock , then use 20.7 as stoploss and 21.72 as target.

Share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Target 19.00
Downside Target 20.00
Upside Target 21.20
Upside Target 22.16
Upside Target 22.21
Upside Target 23.15
Upside Target 23.22
Upside Target 23.69
Upside Target 24.46
Upside Target 26.71
Upside Target 27.78

Intraday share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Intraday Target 20.37
Downside Intraday Target 20.12
Upside Intraday Target 21.03
Upside Intraday Target 21.44
Upside Intraday Target 20.78

Weekly technical analysis of Mirc Elect (MircElect)

Date Weekly Closing Price Open High Low Volume
05 Mon Aug 2024 20.61 20.62 21.20 20.54 0.33 times
02 Fri Aug 2024 21.62 23.06 24.46 21.50 0.728 times
26 Fri Jul 2024 23.68 20.35 23.69 20.22 1.339 times
19 Fri Jul 2024 20.17 20.78 22.16 20.10 1.601 times
12 Fri Jul 2024 20.78 22.21 22.21 20.11 0.998 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 Mon Aug 2024 20.61 22.86 23.15 20.54 0.151 times
31 Wed Jul 2024 22.86 21.10 24.46 20.00 1.143 times
28 Fri Jun 2024 20.64 21.34 23.22 19.00 0.489 times
31 Fri May 2024 20.51 27.07 27.78 20.10 0.899 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mirc Elect ( (MircElect) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mirc Elect stock for short term is SELL. Signal strength is Weak 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 but buying is losing 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 22.66 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mirc Elect ( (MircElect) ) based on a short to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mirc Elect stock for short term is SELL. Signal strength is Weak 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 but buying is losing 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 22.66 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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