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(MIRCELECTR) Mirc Electronics complete technical analysis [charts+indicators] | Buy/Sell Mirc Electronics | (MIRCELECTR) share price targets

Complete technical analysis of Mirc Electronics (MIRCELECTR) by charts plus indicators, forecast predictions and share price targets for Mirc Electronics (MIRCELECTR)

10 day averaged volume of Mirc Electronics is 986011

Date Daily Closing Price Open High Low Volume
22 Wed May 2024 22.00 21.85 22.50 21.75 0.406 times
21 Tue May 2024 21.80 22.30 22.75 21.70 0.579 times
20 Mon May 2024 22.45 21.50 22.45 21.35 0.253 times
17 Fri May 2024 21.40 21.50 22.65 21.25 2.054 times
16 Thu May 2024 22.20 22.20 23.15 22.20 2.296 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 22.3, but if it comes above 22.3, then a intra day buy could be more profitable.
If you take a sell trade below 22.3, then use 22.3 as stoploss and 20.5 as target. However if you take a buy trade in stock , then use 22.3 as stoploss and 23.86 as target.

Share price targets for Mirc Electronics (MIRCELECTR)

Target Type Value
Downside Target 18.05
Downside Target 18.55
Downside Target 19.20
Downside Target 20.60
Downside Target 21.25
Upside Target 22.45
Upside Target 24.15
Upside Target 25.05
Upside Target 25.80
Upside Target 26.00
Upside Target 26.60
Upside Target 27.75
Upside Target 30.45

Intraday share price targets for Mirc Electronics (MIRCELECTR)

Target Type Value
Downside Intraday Target 21.32
Downside Intraday Target 20.63
Upside Intraday Target 22.72
Upside Intraday Target 23.43
Upside Intraday Target 22.03

Weekly technical analysis of Mirc Electronics (MIRCELECTR)

Date Weekly Closing Price Open High Low Volume
22 Wed May 2024 22.00 21.50 22.75 21.35 0.176 times
17 Fri May 2024 21.40 24.00 25.05 21.25 1.198 times
10 Fri May 2024 23.75 25.25 26.00 22.45 0.49 times
03 Fri May 2024 25.55 25.35 27.75 25.35 6.328 times
26 Fri Apr 2024 24.15 21.10 24.15 20.60 1.477 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 Mirc Electronics (MIRCELECTR)

Date Monthly Closing Price Open High Low Volume
22 Wed May 2024 22.00 27.00 27.75 21.25 1.091 times
30 Tue Apr 2024 26.55 19.20 26.60 19.20 1.024 times
28 Thu Mar 2024 19.00 25.10 25.80 18.05 0.205 times
29 Thu Feb 2024 24.80 19.50 30.45 19.35 7.546 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Mirc Electronics (MIRCELECTR)

Indicator Name Indicator Value Indicator Signal
ADX 18, 28, 21 Sell
MACD 0, 1Sell
Stochastics 19Sell
CCI -68Sell
RSI 44Sell
OBV 6478213Sell
VWAP 23Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Mirc Electronics ( (MIRCELECTR) ) 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 Mirc Electronics ( (MIRCELECTR) ) 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 Mirc Electronics ( (MIRCELECTR) ) 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 Mirc Electronics ( (MIRCELECTR) ) based on a mid to longer 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.

ADX buy sell signal for Mirc Electronics stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Mirc Electronics 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mirc Electronics in short term

RSI is generating a SELL signal in short term and selling is picking up 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 Mirc Electronics is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 22.87 and Mirc Electronics (MIRCELECTR) 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 Mirc Electronics (MIRCELECTR) stock. Volume based technical analysis of Mirc Electronics (MIRCELECTR) stock is negative.

Mirc Electronics 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.

Click here for Mirc Electronics charts

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