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 2024-04-30 View latest technical analysis

10 day averaged volume of Mro Tek is 64910

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	82.00	81.30	84.50	81.30	0.593 times
29 Mon Apr 2024	81.75	84.00	84.00	81.30	0.258 times
26 Fri Apr 2024	82.00	84.95	85.00	81.50	0.518 times
25 Thu Apr 2024	83.55	83.80	84.80	81.50	1.007 times
24 Wed Apr 2024	82.45	86.00	86.00	81.40	0.571 times
23 Tue Apr 2024	84.50	82.95	86.50	81.50	2.293 times
22 Mon Apr 2024	82.35	80.05	83.15	80.05	0.884 times
19 Fri Apr 2024	80.20	77.35	81.50	77.35	0.534 times
18 Thu Apr 2024	80.50	82.00	83.65	79.35	1.071 times
16 Tue Apr 2024	81.30	78.15	84.85	78.15	1.258 times

My analysis of stock is bullish for shortterm, and stock might move up till 84.7 or till 88.9. Use a stoploss of 81.11 and if this stock hits its stoploss, then it can fall down till 77.57

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	55.55
Downside Target	57.15
Downside Target	62.00
Downside Target	70.90
Downside Target	75.30
Downside Target	77.35
Downside Target	80.05
Upside Target	84.50
Upside Target	84.85
Upside Target	86.50
Upside Target	94.70
Upside Target	95.80

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

Target Type	Value
Downside Intraday Target	80.7
Downside Intraday Target	79.4
Upside Intraday Target	83.9
Upside Intraday Target	85.8
Upside Intraday Target	82.6

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	82.00	84.00	84.50	81.30	0.161 times
26 Fri Apr 2024	82.00	80.05	86.50	80.05	1.18 times
19 Fri Apr 2024	80.20	83.30	84.85	77.35	0.126 times
12 Fri Apr 2024	83.30	76.50	95.80	75.30	11.71 times
05 Fri Apr 2024	76.50	71.10	81.95	71.10	1.387 times

Price has moved down 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 Apr 2024	82.00	71.10	95.80	71.10	1.718 times
28 Thu Mar 2024	71.00	79.80	84.50	57.65	0.331 times
29 Thu Feb 2024	79.15	63.35	94.70	62.00	3.223 times
31 Wed Jan 2024	62.75	58.60	70.90	57.15	3.655 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 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 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 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 mid to longer 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.

ADX buy sell signal for Mro Tek stock for short term is BUY. Signal strength is Strong and stock is gaining 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 in or below 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 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 82.48 and Mro Tek (MRO-TEK) stock is trading below this level. This means that stock is falling with high volumes. 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.