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 2024-08-19 View latest technical analysis

10 day averaged volume of Mro Tek is 647198

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	93.23	90.10	94.80	88.30	0.104 times
17 Fri May 2024	101.40	101.35	103.35	101.35	0.433 times
16 Thu May 2024	112.60	111.90	116.20	110.25	1.192 times
15 Wed May 2024	108.40	101.50	111.90	101.50	2.179 times
14 Tue May 2024	100.90	92.65	106.50	87.10	4.942 times
13 Mon May 2024	90.70	77.50	90.70	75.00	1.115 times
10 Fri May 2024	75.60	74.00	76.05	74.00	0.022 times
09 Thu May 2024	75.55	78.60	79.50	75.00	0.031 times
08 Wed May 2024	78.55	78.45	79.90	78.05	0.021 times
07 Tue May 2024	78.50	79.05	79.95	78.00	0.031 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 97.5 as stoploss in an intra day sell trade for a target of 86.96. However, stock will show a bullish move above 97.5.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	57.65
Downside Target	62.00
Downside Target	71.10
Downside Target	74.00
Downside Target	80.05
Downside Target	82.95
Downside Target	88.30
Upside Target	94.70
Upside Target	94.80
Upside Target	95.80
Upside Target	116.20

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

Target Type	Value
Downside Intraday Target	89.42
Downside Intraday Target	85.61
Upside Intraday Target	95.92
Upside Intraday Target	98.61
Downside Intraday Target	92.11

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	93.23	90.10	94.80	88.30	0.011 times
17 Fri May 2024	101.40	77.50	116.20	75.00	70.705 times
10 Fri May 2024	75.60	82.95	82.95	74.00	0.492 times
03 Fri May 2024	81.85	84.00	85.80	80.95	0.536 times
26 Fri Apr 2024	82.00	80.05	86.50	80.05	1.18 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
19 Mon Aug 2024	93.23	90.10	94.80	88.30	0.01 times
17 Fri May 2024	101.40	83.00	116.20	74.00	2.066 times
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

Scroll below to view daily charts

Price has moved down 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 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 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 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 Weak and stock is losing momentum.

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

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below 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

Stock of Mro Tek is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 102.47 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 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.