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(MicElectron) Mic Electron complete technical analysis [charts+indicators] | Buy/Sell Mic Electron | (MicElectron) share price targets

Complete technical analysis of Mic Electron (MicElectron) by charts plus indicators, forecast predictions and share price targets for Mic Electron (MicElectron)

Showing technical analysis as on 2024-04-04 View latest technical analysis

10 day averaged volume of Mic Electron is 91799

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	45.31	46.90	47.25	44.86	0.75 times
03 Wed Apr 2024	45.03	43.40	45.03	42.30	0.964 times
02 Tue Apr 2024	42.89	42.80	43.55	41.65	1.563 times
01 Mon Apr 2024	41.48	41.01	41.51	40.50	1.582 times
28 Thu Mar 2024	39.54	39.85	41.02	39.25	1.143 times
27 Wed Mar 2024	39.07	39.94	41.14	38.52	0.638 times
26 Tue Mar 2024	39.93	43.05	43.05	39.78	0.677 times
22 Fri Mar 2024	41.87	42.48	42.48	40.45	0.942 times
21 Thu Mar 2024	40.85	39.53	40.85	39.53	0.86 times
20 Wed Mar 2024	38.91	41.42	41.42	38.61	0.621 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.9, but if it comes below 43.9, then a intra day sell could be more profitable.
If you take a sell trade below 43.9, then use 43.9 as stoploss and 41.57 as target. However if you take a buy trade in stock , then use 43.9 as stoploss and 46.6 as target.

Share price targets for Mic Electron (MicElectron)

Target Type	Value
Downside Target	31.95
Downside Target	33.16
Downside Target	35.50
Downside Target	36.75
Downside Target	37.97
Downside Target	40.50
Downside Target	43.05
Upside Target	45.79
Upside Target	47.25
Upside Target	49.62
Upside Target	53.80

Intraday share price targets for Mic Electron (MicElectron)

Target Type	Value
Downside Intraday Target	41.46
Downside Intraday Target	37.6
Upside Intraday Target	48.21
Upside Intraday Target	51.1
Downside Intraday Target	44.35

Weekly technical analysis of Mic Electron (MicElectron)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	45.31	41.01	47.25	40.50	1.976 times
28 Thu Mar 2024	39.54	43.05	43.05	38.52	0.567 times
22 Fri Mar 2024	41.87	40.41	43.60	38.61	1.578 times
15 Fri Mar 2024	39.89	45.27	45.79	36.75	0.483 times
07 Thu Mar 2024	45.03	49.62	49.62	43.15	0.621 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mic Electron (MicElectron)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	45.31	41.01	47.25	40.50	0.275 times
28 Thu Mar 2024	39.54	48.02	49.62	36.75	0.371 times
29 Thu Feb 2024	47.93	36.65	53.80	35.50	4.783 times
31 Wed Jan 2024	36.69	34.30	39.20	33.16	0.88 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 Mic Electron (MicElectron)

Price action analysis of Mic Electron ( (MicElectron) ) 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 Mic Electron ( (MicElectron) ) based on a short to mid 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 Mic Electron ( (MicElectron) ) based on a mid to longer 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.

ADX buy sell signal for Mic Electron stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mic Electron in short term and the buy signal is strong.

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

Mic Electron Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Mic Electron in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Mic Electron is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 41.68 and Mic Electron (MicElectron) 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 Mic Electron (MicElectron) stock. Volume based technical analysis of Mic Electron (MicElectron) stock is negative.

Mic Electron 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.