MICH – Hourly Time FrameMICH is showing a potential bullish continuation setup following a breakout from an Elliott Wave triangle pattern. Price has successfully completed the breakout phase and is now retesting the former resistance area, which may act as new support in the context of Wave 4 development.
The retest is ac
Misr Chemical Industries Ltd.
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Next report date
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Report period
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EPS estimate
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Revenue estimate
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4.91 EGP
569.75 M EGP
1.07 B EGP
25.65 M
About Misr Chemical Industries Ltd.
Sector
Industry
CEO
Mahmoud Abdul Rahman Ashmawi Afifi
Website
Headquarters
Alexandria
Founded
1959
IPO date
May 1, 1993
Identifiers
2
ISIN EGS38211C016
Misr Chemicals Industries Ltd. engages in the manufacture and trade of caustic soda, chlorine, and its derivatives.Its products include liquid caustic soda, caustic soda flakes, liquid chlorine, pure hydrochloric acid, bleaching powder, commercial hydrochloric acid, sodium hypochlorite, sodium hypochlorite, calcium hypochlorite, compressed hydrogen gas, and distilled water.The company was founded on November 15, 1959 and is headquartered in Alexandria, Egypt.
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MICH – Double Top Rejection & The 11% Yield FloorMICH – Double Top Rejection & The 11% Yield Floor 📉🧪
The Reality: The "High-Yield King" is cooling off! 👑
While MICH remains a dominant monopoly in caustic soda and chlorine, it has hit a "Capacity Plateau." Net profit for the first nine months of FY 2025/2026 fell 7% YoY to EGP 397.4M, largely du
MICH (Misr Chemical Industries): Efficiency vs. Headwinds MICH (Misr Chemical Industries): Efficiency vs. Headwinds 🧪🚧
The Risk Profile: Energy price hikes are the #1 threat to their ~52% profit margins. ⚡💸
The Growth Ceiling: Operating at near-full capacity. "milking" existing assets.
Sharia Status: ✅ Confirmed. Firmly in the EGX33 Shariah Index (April
MICH: Bullish but Overheated! MICH: Bullish but Overheated! 🧪🚨
While the fundamentals are rock solid, the technicals are flashing a "Caution" sign as we approach the 39.25 ATH. 📊
RSI Warning: The RSI has hit levels not seen since the massive 2024 peak, suggesting the price is currently stretched too thin. 🎈
The Strategy: Don'
MICH (Misr Chemical): Resuming the Bullish Trend! MICH (Misr Chemical): Resuming the Bullish Trend! 🧪🚀
After consolidating since September, MICH is back in action.
📈 A strong floor has formed at 34.00, sitting right over a Fair Value Gap. 📊
Bullish: Hold 34.00 → Targets: 37.70 (ATH), 46.00, 49.00, and 54.70 (FV). 🚀
Bearish: Break below 34.00.
MICH broke the downtrend channel and the triangle pattern with sMICH broke the downtrend channel and the triangle pattern with strong volume 🔊📐.
After one week of consolidation, it has resumed the uptrend 📈.
✔️ First target achieved
🎯 Target 2: 31 (Fib 50%)
🎯 Target 3: 32.2
🎯 Final Target: 34 (Fair Value & ATH)
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MICH broke out of the triangle pattern ith very strong volume.MICH broke out of the triangle pattern 📐✔️ with very strong volume 📈🔊.
I’d consider entry around 29.4 📍.
Upside targets are 31 🎯, followed by the fair value at 33.7 🚀.
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⚠️ Disclaimer: This is general information only and not financial advice. For
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An aggregate view of professional's ratings.
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of MICH is 36.94 EGP — it has decreased by −3.21% in the past 24 hours. Watch Misr Chemical Industries Ltd. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on EGX exchange Misr Chemical Industries Ltd. stocks are traded under the ticker MICH.
MICH stock has fallen by −1.40% compared to the previous week, the month change is a 3.28% rise, over the last year Misr Chemical Industries Ltd. has showed a 34.13% increase.
We've gathered analysts' opinions on Misr Chemical Industries Ltd. future price: according to them, MICH price has a max estimate of 41.20 EGP and a min estimate of 41.20 EGP. Watch MICH chart and read a more detailed Misr Chemical Industries Ltd. stock forecast: see what analysts think of Misr Chemical Industries Ltd. and suggest that you do with its stocks.
MICH reached its all-time high on Jan 30, 2024 with the price of 45.73 EGP, and its all-time low was 0.92 EGP and was reached on Aug 1, 2001. View more price dynamics on MICH chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MICH stock is 2.71% volatile and has beta coefficient of −0.08. Track Misr Chemical Industries Ltd. stock price on the chart and check out the list of the most volatile stocks — is Misr Chemical Industries Ltd. there?
Today Misr Chemical Industries Ltd. has the market capitalization of 4.00 B, it has decreased by −0.17% over the last week.
Yes, you can track Misr Chemical Industries Ltd. financials in yearly and quarterly reports right on TradingView.
Misr Chemical Industries Ltd. is going to release the next earnings report on Sep 2, 2026. Keep track of upcoming events with our Earnings Calendar.
MICH net income for the last quarter is 114.43 M EGP, while the quarter before that showed 148.02 M EGP of net income which accounts for 0.00% change. Track more Misr Chemical Industries Ltd. financial stats to get the full picture.
Yes, MICH dividends are paid annually. The last dividend per share was 4.00 EGP. As of today, Dividend Yield (TTM)% is 10.96%. Tracking Misr Chemical Industries Ltd. dividends might help you take more informed decisions.
Misr Chemical Industries Ltd. dividend yield was 14.66% in 2025, and payout ratio reached 77.01%. The year before the numbers were 14.14% and 98.60% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. Misr Chemical Industries Ltd. EBITDA is 635.58 M EGP, and current EBITDA margin is 61.70%. See more stats in Misr Chemical Industries Ltd. financial statements.
Like other stocks, MICH shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade Misr Chemical Industries Ltd. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So Misr Chemical Industries Ltd. technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating Misr Chemical Industries Ltd. stock shows the buy signal. See more of Misr Chemical Industries Ltd. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.







