Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-29 View latest technical analysis

10 day averaged volume of Mic Electron is 205101

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	49.31	50.45	51.30	48.86	0.753 times
26 Fri Apr 2024	48.89	51.15	51.40	48.86	0.753 times
25 Thu Apr 2024	51.43	55.80	55.81	50.51	3.701 times
24 Wed Apr 2024	53.16	50.45	53.16	50.45	1.682 times
23 Tue Apr 2024	48.33	47.35	48.79	46.18	2.151 times
22 Mon Apr 2024	44.84	42.98	44.84	42.10	0.483 times
19 Fri Apr 2024	40.77	40.85	41.69	40.60	0.135 times
18 Thu Apr 2024	41.90	42.20	42.49	41.75	0.273 times
16 Tue Apr 2024	41.53	40.53	42.50	40.53	0.238 times
15 Mon Apr 2024	40.85	40.00	41.73	39.11	0.387 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.2, but if it comes below 48.2, then a intra day sell could be more profitable.
If you take a sell trade below 48.2, then use 48.2 as stoploss and 44.53 as target. However if you take a buy trade in stock , then use 48.2 as stoploss and 52.7 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	39.11
Downside Target	40.50
Downside Target	42.10
Downside Target	45.69
Downside Target	47.25
Downside Target	48.86
Upside Target	51.30
Upside Target	53.80
Upside Target	55.81

Intraday share price targets for Mic Electron (MicElectron)

Target Type	Value
Downside Intraday Target	48.35
Downside Intraday Target	47.38
Upside Intraday Target	50.79
Upside Intraday Target	52.26
Upside Intraday Target	49.82

Weekly technical analysis of Mic Electron (MicElectron)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	49.31	50.45	51.30	48.86	0.086 times
26 Fri Apr 2024	48.89	42.98	55.81	42.10	8.485 times
19 Fri Apr 2024	40.77	40.00	42.50	39.11	0.736 times
12 Fri Apr 2024	42.20	44.51	45.69	41.06	0.556 times
05 Fri Apr 2024	44.43	41.01	47.25	40.50	2.297 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 Mic Electron (MicElectron)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Mon Apr 2024	49.31	41.01	55.81	39.11	1.83 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, and volume has increased substantially. This means that the move can 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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 green color and prices are above the green 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 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 49.45 and Mic Electron (MicElectron) stock is trading below this level. This means that stock is falling with high volumes. 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.