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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)

10 day averaged volume of Mic Electron is 212132

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 49.87 51.49 51.49 49.40 0.166 times
29 Mon Apr 2024 49.31 50.45 51.30 48.86 0.728 times
26 Fri Apr 2024 48.89 51.15 51.40 48.86 0.728 times
25 Thu Apr 2024 51.43 55.80 55.81 50.51 3.578 times
24 Wed Apr 2024 53.16 50.45 53.16 50.45 1.627 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.7, but if it comes below 48.7, then a intra day sell could be more profitable.
If you take a sell trade below 48.7, then use 48.7 as stoploss and 45.05 as target. However if you take a buy trade in stock , then use 48.7 as stoploss and 53.2 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 51.49
Upside Target 53.80
Upside Target 55.81

Intraday share price targets for Mic Electron (MicElectron)

Target Type Value
Downside Intraday Target 48.66
Downside Intraday Target 47.44
Upside Intraday Target 51.29
Upside Intraday Target 52.7
Upside Intraday Target 50.07

Weekly technical analysis of Mic Electron (MicElectron)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 49.87 50.45 51.49 48.86 0.105 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
30 Tue Apr 2024 49.87 41.01 55.81 39.11 1.852 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

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)

Indicator Name Indicator Value Indicator Signal
ADX 39, 16, 41 Buy
MACD 4, 3Buy
Stochastics 60None
CCI 53Buy
RSI 55Buy
OBV 452182Sell
VWAP 50Buy
ADL 0Sell
ROC 22Buy
Force Index 0Sell

Price action analysis of Mic Electron ( (MicElectron) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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 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 49.77 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 positive

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

Click here for Mic Electron charts

Click here for further forecast and predictions for tomorrow

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