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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 2024-02-01 View latest technical analysis

10 day averaged volume of Mro Tek is 36726

Date	Daily Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	64.90	63.35	68.45	62.00	2.638 times
31 Wed Jan 2024	62.75	66.00	66.00	61.65	0.977 times
30 Tue Jan 2024	64.45	63.80	67.40	62.80	1.887 times
29 Mon Jan 2024	62.45	64.50	64.55	61.20	0.324 times
25 Thu Jan 2024	63.15	63.80	63.90	62.15	0.461 times
24 Wed Jan 2024	63.20	62.65	63.90	62.25	0.289 times
23 Tue Jan 2024	62.65	66.20	67.70	62.05	0.422 times
22 Mon Jan 2024	66.20	65.30	68.35	65.30	0.921 times
19 Fri Jan 2024	66.10	66.45	66.75	63.70	1.034 times
18 Thu Jan 2024	65.45	63.90	66.15	58.35	3.188 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 66.6 or till 69.1. Use a stoploss of 64.5 and if this stock hits its stoploss, then it can fall down till 62.43

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	55.15
Downside Target	57.15
Downside Target	58.35
Downside Target	60.00
Downside Target	61.20
Upside Target	66.55
Upside Target	68.35
Upside Target	68.45
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	61.25
Downside Intraday Target	57.6
Upside Intraday Target	68.5
Upside Intraday Target	72.1
Downside Intraday Target	64.85

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	64.90	64.50	68.45	61.20	2.783 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mro Tek (MRO-TEK)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Thu Feb 2024	64.90	63.35	68.45	62.00	0.056 times
31 Wed Jan 2024	62.75	58.60	70.90	57.15	3.655 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

Scroll below to view daily charts

Price has moved up 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 Mro Tek (MRO-TEK)

Price action analysis of Mro Tek ( (MRO-TEK) ) based on a short 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.

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 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 gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting stronger in this stock.

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 64.75 and Mro Tek (MRO-TEK) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.