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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 2024-08-09 View latest technical analysis

10 day averaged volume of Mirc Elect is 157467

Date Daily Closing Price Open High Low Volume
09 Fri Aug 2024 20.85 21.63 21.63 20.75 0.303 times
08 Thu Aug 2024 21.21 21.51 22.00 21.10 0.305 times
07 Wed Aug 2024 21.59 20.60 21.79 19.91 0.841 times
06 Tue Aug 2024 20.11 20.61 21.22 20.01 0.572 times
05 Mon Aug 2024 20.61 20.62 21.20 20.54 1.347 times
02 Fri Aug 2024 21.62 21.70 22.75 21.50 0.841 times
01 Thu Aug 2024 22.12 22.86 23.15 22.05 0.5 times
31 Wed Jul 2024 22.86 24.00 24.30 22.71 0.594 times
30 Tue Jul 2024 23.80 23.54 24.20 23.33 0.474 times
29 Mon Jul 2024 23.54 23.06 24.46 23.06 1.675 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 20.6 as stoploss in an intra day buy trade for a target of 21.69. However, stock will show a bearish move below 20.6.

Share price targets for Mirc Elect (MircElect)

Target Type Value
Downside Target 19.00
Downside Target 19.91
Upside Target 21.50
Upside Target 22.00
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 19.84
Downside Intraday Target 18.83
Upside Intraday Target 21.93
Upside Intraday Target 23.01
Upside Intraday Target 20.92

Weekly technical analysis of Mirc Elect (MircElect)

Date Weekly Closing Price Open High Low Volume
09 Fri Aug 2024 20.85 20.62 22.00 19.91 0.824 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
09 Fri Aug 2024 20.85 22.86 23.15 19.91 0.265 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 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 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 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 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 Weak 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 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 21.97 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 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 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 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 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 Weak 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 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 21.97 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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