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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 2024-07-31 View latest technical analysis

10 day averaged volume of Mic Electron is 182947

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	85.12	81.84	85.12	81.20	0.763 times
30 Tue Jul 2024	81.07	84.00	85.50	80.60	0.348 times
29 Mon Jul 2024	83.47	84.55	85.80	82.30	0.771 times
26 Fri Jul 2024	82.97	82.80	86.00	80.00	0.826 times
25 Thu Jul 2024	83.72	84.80	84.90	82.29	0.833 times
24 Wed Jul 2024	86.62	86.33	89.00	86.33	1.662 times
23 Tue Jul 2024	90.87	92.40	95.20	86.20	0.55 times
22 Mon Jul 2024	90.73	83.65	91.69	82.97	0.827 times
19 Fri Jul 2024	87.33	92.00	92.30	87.27	0.772 times
18 Thu Jul 2024	91.86	96.00	96.00	90.00	1.349 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 84.2 as stoploss in an intra day buy trade for a target of 87.96. However, stock will show a bearish move below 84.2.

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
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	81.88
Downside Intraday Target	78.64
Upside Intraday Target	87.08
Upside Intraday Target	89.04
Downside Intraday Target	83.84

Weekly technical analysis of Mic Electron (MicElectron)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	85.12	84.55	85.80	80.60	0.401 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
31 Wed Jul 2024	85.12	86.41	100.02	80.00	1.86 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 weakening, and bulls are picking up momentum!

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 86.9 and Mic Electron (MicElectron) 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 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.