The stock closed at ₹46.78, down 1.58% from the previous close of ₹47.53, with intraday prices ranging between ₹46.49 and ₹47.69. Over the past 52 weeks, MIC Electronics has traded between ₹44.50 and ₹95.90, indicating significant volatility. The technical trend adjustment to mildly bearish aligns with the weekly MACD and Bollinger Bands, both signalling bearish momentum, while the monthly MACD and Bollinger Bands also reflect a mildly bearish stance. Conversely, the daily moving averages suggest a mildly bullish undertone, indicating some short-term support for the stock price.
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Additional technical indicators provide further insight into MIC Electronics’ price momentum. The weekly and monthly KST (Know Sure Thing) indicators both show mildly bearish signals, while the Dow Theory presents a divergence with a mildly bearish weekly signal but a mildly bullish monthly signal. The On-Balance Volume (OBV) indicator reveals a mildly bearish trend on the weekly chart but a bullish trend on the monthly chart, suggesting volume dynamics that may support price stability over the longer term. The Relative Strength Index (RSI) remains neutral with no clear signals on both weekly and monthly timeframes, indicating neither overbought nor oversold conditions.
From a market performance perspective, MIC Electronics’ returns have contrasted sharply with the broader Sensex index. Over the past week, the stock recorded a return of -6.31%, while Sensex gained 0.96%. The one-month return for MIC Electronics was -13.29%, compared to Sensex’s 0.86%. Year-to-date and one-year returns for the stock stand at -44.78% and -44.41% respectively, whereas Sensex posted positive returns of 8.36% and 9.48% over the same periods. However, MIC Electronics has demonstrated strong long-term growth, with three-year and five-year returns of 321.44% and 4930.11% respectively, significantly outpacing Sensex’s 37.31% and 91.65% returns. The ten-year return for MIC Electronics is 103.39%, compared to Sensex’s 232.28%, reflecting a more moderate performance over the decade.
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MIC Electronics’ market capitalisation grade stands at 3, reflecting its mid-tier market cap status within the Industrial Manufacturing sector. The recent adjustment in its technical evaluation, triggered on 19 Nov 2025, follows a revision in its Mojo Score to 27.0, with the Mojo Grade changing from Sell to Strong Sell on 17 Nov 2025. These changes highlight a recalibration in the stock’s technical parameters, signalling a cautious outlook from a momentum perspective.
Investors analysing MIC Electronics should consider the mixed technical signals and the stock’s relative underperformance against the Sensex in the short term, balanced against its robust long-term returns. The mildly bearish technical trend and the divergence among key indicators such as MACD, KST, and OBV suggest that price momentum is in a state of flux. Monitoring daily moving averages and volume trends may provide further clarity on potential directional shifts.
In summary, MIC Electronics presents a complex technical profile with recent momentum shifts and mixed indicator signals. While short-term trends lean towards caution, the stock’s historical performance and certain bullish monthly indicators warrant close observation for any emerging opportunities or further adjustments in its technical evaluation.
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