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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 2024-04-08 View latest technical analysis

10 day averaged volume of Mic Electron is 90937

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	43.92	44.51	45.69	43.51	0.643 times
05 Fri Apr 2024	44.43	46.00	46.00	43.97	0.795 times
04 Thu Apr 2024	45.31	46.90	47.25	44.86	0.757 times
03 Wed Apr 2024	45.03	43.40	45.03	42.30	0.973 times
02 Tue Apr 2024	42.89	42.80	43.55	41.65	1.577 times
01 Mon Apr 2024	41.48	41.01	41.51	40.50	1.597 times
28 Thu Mar 2024	39.54	39.85	41.02	39.25	1.153 times
27 Wed Mar 2024	39.07	39.94	41.14	38.52	0.645 times
26 Tue Mar 2024	39.93	43.05	43.05	39.78	0.684 times
22 Fri Mar 2024	41.87	42.48	42.48	40.45	0.951 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 43.8, but if it comes below 43.8, then a intra day sell could be more profitable.
If you take a sell trade below 43.8, then use 43.8 as stoploss and 41.53 as target. However if you take a buy trade in stock , then use 43.8 as stoploss and 46.5 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	45.69
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	43.06
Downside Intraday Target	42.19
Upside Intraday Target	45.24
Upside Intraday Target	46.55
Upside Intraday Target	44.37

Weekly technical analysis of Mic Electron (MicElectron)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	43.92	44.51	45.69	43.51	0.113 times
05 Fri Apr 2024	44.43	41.01	47.25	40.50	2.297 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

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 Mic Electron (MicElectron)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	43.92	41.01	47.25	40.50	0.355 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 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 Mic Electron stock for short term is BUY. Signal strength is Strong and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 SELL signal for Mic Electron in short term but SELL signal is weak.

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 Mic Electron is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 42.3 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.