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(MRO-TEK) Mro Tek complete technical analysis [charts+indicators] | Buy/Sell Mro Tek | (MRO-TEK) share price targets

Complete technical analysis of Mro Tek (MRO-TEK) by charts plus indicators, forecast predictions and share price targets for Mro Tek (MRO-TEK)

Mro Tek trades in NSE in Telecom Equipment sector.

Showing technical analysis as on 2024-01-30 View latest technical analysis

10 day averaged volume of Mro Tek is 32659

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	64.45	63.80	67.40	62.80	2.122 times
29 Mon Jan 2024	62.45	64.50	64.55	61.20	0.364 times
25 Thu Jan 2024	63.15	63.80	63.90	62.15	0.519 times
24 Wed Jan 2024	63.20	62.65	63.90	62.25	0.325 times
23 Tue Jan 2024	62.65	66.20	67.70	62.05	0.474 times
22 Mon Jan 2024	66.20	65.30	68.35	65.30	1.035 times
19 Fri Jan 2024	66.10	66.45	66.75	63.70	1.163 times
18 Thu Jan 2024	65.45	63.90	66.15	58.35	3.586 times
17 Wed Jan 2024	63.00	63.80	65.35	62.45	0.559 times
16 Tue Jan 2024	63.95	66.05	67.50	63.00	1.271 times

Stock of Mro Tek (MRO-TEK) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, and stock might move up till 66.5 or till 69.4. Use a stoploss of 64.15 and if this stock hits its stoploss, then it can fall down till 61.75

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	55.15
Downside Target	57.15
Downside Target	60.00
Downside Target	61.20
Upside Target	66.55
Upside Target	67.40
Upside Target	68.35
Upside Target	69.40
Upside Target	70.80
Upside Target	70.90

Intraday share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Intraday Target	61.3
Downside Intraday Target	58.15
Upside Intraday Target	67.5
Upside Intraday Target	70.55
Downside Intraday Target	64.35

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	64.45	64.50	67.40	61.20	1.056 times
25 Thu Jan 2024	63.15	65.30	68.35	62.05	0.323 times
19 Fri Jan 2024	66.10	69.40	69.40	58.35	0.297 times
12 Fri Jan 2024	67.45	64.75	70.90	62.70	1.572 times
05 Fri Jan 2024	62.70	58.60	66.55	57.15	18.394 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 Mro Tek (MRO-TEK)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Jan 2024	64.45	58.60	70.90	57.15	3.58 times
29 Fri Dec 2023	57.50	57.75	62.35	55.55	1.091 times
30 Thu Nov 2023	56.40	57.15	60.00	56.00	0.293 times
31 Tue Oct 2023	56.70	60.65	70.80	55.15	1.834 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mro Tek (MRO-TEK)

Price action analysis of Mro Tek ( (MRO-TEK) ) 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 Mro Tek ( (MRO-TEK) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Mro Tek ( (MRO-TEK) ) 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 Mro Tek ( (MRO-TEK) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Mro Tek stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Mro Tek Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mro Tek in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 Mro Tek is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 64.73 and Mro Tek (MRO-TEK) 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 Mro Tek (MRO-TEK) stock. Volume based technical analysis of Mro Tek (MRO-TEK) stock is negative.

Mro Tek 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.