Stock analysis Mic Electronics Ltd MICEL
More indepth analysis on MunafaSutra.com
Recent prices of MICEL Mic Electronics Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 03 Fri May 2024 | 48.30 | 48.00 to 50.40 | -0.41% | 0.4 times |
| 02 Thu May 2024 | 48.50 | 48.20 to 50.65 | -2.61% | 0.52 times |
| 30 Tue Apr 2024 | 49.80 | 49.15 to 51.35 | 0.81% | 0.52 times |
| 29 Mon Apr 2024 | 49.40 | 48.80 to 51.15 | 1.23% | 0.75 times |
| 26 Fri Apr 2024 | 48.80 | 48.65 to 51.20 | -4.69% | 0.87 times |
| 25 Thu Apr 2024 | 51.20 | 50.40 to 55.70 | -3.49% | 3.02 times |
| 24 Wed Apr 2024 | 53.05 | 50.60 to 53.05 | 9.95% | 1.15 times |
| 23 Tue Apr 2024 | 48.25 | 46.00 to 48.85 | 7.7% | 2.1 times |
| 22 Mon Apr 2024 | 44.80 | 42.10 to 44.80 | 9.94% | 0.45 times |
| 19 Fri Apr 2024 | 40.75 | 40.00 to 41.85 | -2.86% | 0.4 times |
| 18 Thu Apr 2024 | 41.95 | 41.70 to 42.50 | 1.21% | 0.23 times |
| 16 Tue Apr 2024 | 41.45 | 40.60 to 42.50 | 2.09% | 0.24 times |
Technical analysis forecast of Mic Electronics Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Mic Electronics Ltd MICEL at this time. Stock is rising and might rise more.
It appears as if Mic Electronics Ltd MICEL gave a large move recently.
Stock of Mic Electronics Ltd (MICEL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Mic Electronics Ltd is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 49.9 as stoploss in an intra day sell trade for a target of 46.27. However, stock will show a bullish move above 49.9.