Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-14 View latest technical analysis

10 day averaged volume of Mro Tek is 440325

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Feb 2024	82.15	86.50	86.50	81.20	0.84 times
13 Tue Feb 2024	87.45	87.45	87.45	81.20	1.542 times
12 Mon Feb 2024	72.90	81.35	81.35	71.70	0.248 times
09 Fri Feb 2024	80.95	79.35	84.30	73.65	0.735 times
08 Thu Feb 2024	78.85	83.80	83.80	78.30	0.432 times
07 Wed Feb 2024	83.90	88.00	94.70	81.00	3.829 times
06 Tue Feb 2024	82.85	69.95	82.85	69.30	2.23 times
05 Mon Feb 2024	69.05	63.65	70.00	63.40	0.628 times
02 Fri Feb 2024	63.40	66.35	66.35	62.80	0.053 times
01 Thu Feb 2024	64.90	63.35	68.45	62.00	0.22 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 78.9, but if it comes below 78.9, then a intra day sell could be more profitable.
If you take a sell trade below 78.9, then use 78.9 as stoploss and 70.29 as target. However if you take a buy trade in stock , then use 78.9 as stoploss and 89.2 as target.

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
Downside Target	68.35
Downside Target	69.40
Downside Target	70.80
Downside Target	70.90
Downside Target	71.70
Upside Target	87.45
Upside Target	94.70

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

Target Type	Value
Downside Intraday Target	73.42
Downside Intraday Target	64.68
Upside Intraday Target	89.17
Upside Intraday Target	96.18
Downside Intraday Target	80.43

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Feb 2024	82.15	81.35	87.45	71.70	0.335 times
09 Fri Feb 2024	80.95	63.65	94.70	63.40	14.576 times
02 Fri Feb 2024	63.40	64.50	68.45	61.20	3.087 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

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
14 Wed Feb 2024	82.15	63.35	94.70	62.00	2.718 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, 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Mro Tek ( (MRO-TEK) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Mro Tek ( (MRO-TEK) ) based on a short to mid 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 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 Strong and stock is losing momentum.

MACD generated a BUY signal for Mro Tek in short term and the buy signal is strong.

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 coming down

CCI has generated a SELL signal for Mro Tek in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 82.04 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.