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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 2024-07-29 View latest technical analysis

10 day averaged volume of Mic Electron is 315982

Date	Daily Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	83.47	84.55	85.80	82.30	0.446 times
26 Fri Jul 2024	82.97	82.80	86.00	80.00	0.478 times
25 Thu Jul 2024	83.72	84.80	84.90	82.29	0.482 times
24 Wed Jul 2024	86.62	86.33	89.00	86.33	0.962 times
23 Tue Jul 2024	90.87	92.40	95.20	86.20	0.318 times
22 Mon Jul 2024	90.73	83.65	91.69	82.97	0.479 times
19 Fri Jul 2024	87.33	92.00	92.30	87.27	0.447 times
18 Thu Jul 2024	91.86	96.00	96.00	90.00	0.781 times
16 Tue Jul 2024	94.67	91.60	94.78	90.90	1.194 times
15 Mon Jul 2024	90.27	89.69	90.75	88.05	0.736 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.1, but if it comes above 85.1, then a intra day buy could be more profitable.
If you take a sell trade below 85.1, then use 85.1 as stoploss and 81.1 as target. However if you take a buy trade in stock , then use 85.1 as stoploss and 88.51 as target.

Share price targets for Mic Electron (MicElectron)

Target Type	Value
Downside Target	36.75
Downside Target	39.11
Downside Target	43.86
Downside Target	45.91
Downside Target	49.62
Downside Target	55.81
Downside Target	59.80
Downside Target	80.00
Downside Target	81.69
Upside Target	85.80
Upside Target	93.56
Upside Target	95.20
Upside Target	96.00
Upside Target	100.02

Intraday share price targets for Mic Electron (MicElectron)

Target Type	Value
Downside Intraday Target	81.91
Downside Intraday Target	80.36
Upside Intraday Target	85.41
Upside Intraday Target	87.36
Upside Intraday Target	83.86

Weekly technical analysis of Mic Electron (MicElectron)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Mon Jul 2024	83.47	84.55	85.80	82.30	0.164 times
26 Fri Jul 2024	82.97	83.65	95.20	80.00	0.861 times
19 Fri Jul 2024	87.33	89.69	96.00	87.27	0.221 times
12 Fri Jul 2024	87.50	81.69	93.56	81.69	0.949 times
05 Fri Jul 2024	85.98	86.41	100.02	85.98	1.392 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 Jul 2024	83.47	86.41	100.02	80.00	1.827 times
28 Fri Jun 2024	82.30	50.50	82.30	43.86	1.274 times
31 Fri May 2024	49.02	50.51	59.80	45.91	1.608 times
30 Tue Apr 2024	49.87	41.01	55.81	39.11	1.852 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 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 Mic Electron ( (MicElectron) ) based on a short to mid 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Mic Electron in short term but the sell signal is initial and weak.

Mic Electron 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 moving up

CCI has generated a buy signal for Mic Electron in short term but BUY signal is weak.

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 89.07 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 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.