Mitsubishi Electric shares below 38-day line – boerse.de

Analysis of Mitsubishi Electric stock history

GD	Now	Distance in %
GD 20	15,17	-3,41%
GD 38	14,66	-0.04%
GD 50	14,31	2.41%
100 GD	13,51	8.40%
GD 200	12,70	15.36%

Shares of Mitsubishi Electric are now at mid-term and long-term highs but short-term lows when the price crossed the 20-day line yesterday. However, the open trend in the full-time horizon is now within reach as the price would only need to rise by 3.53 percent to cross the 20-day GD at 15.17.

Mitsubishi Electric shares up and down

Time limit	Hoch Depth	in the morning	The distance
6 Happiness	15,98 8,87	27.03.24 08.11.22	-26,35% 32.69%
12 Entertainment	15,98 8,74	27.03.24 31.10.22	-26,35% 34,67%
24 Happiness	15,98 8,74	27.03.24 31.10.22	-26,35% 34,67%
36 Happiness	15,98 8,74	27.03.24 31.10.22	-26,35% 34,67%
4 years	15,98 8,74	27.03.24 31.10.22	-26,35% 34,67%
5 years	15,98 8,74	27.03.24 31.10.22	-26,35% 34,67%
ten years	16,30 6,71	19.01.18 25.06.13	-27,79% 75.41%
15 years	16,30 2,86	19.01.18 10.03.09	-27,79% 311.54%
20 years	16,30 2,25	19.01.18 27.05.03	-27,79% 423.11%
Max. (06.08.1998)	16,30 1.51	19.01.18 28.09.98	-27,79% 679.47%

As long as the price does not cross another downtrend line, the next price target is the 5-year high of 15.98 marked on March 27, 2024, which implies a temporary upside potential of 9.08 percent.