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 2024-08-21 View latest technical analysis

10 day averaged volume of Mro Tek is 656884

Date	Daily Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	91.99	91.50	93.44	91.03	0.054 times
20 Tue Aug 2024	91.01	94.40	94.40	88.00	0.109 times
19 Mon Aug 2024	93.23	90.10	94.80	88.30	0.102 times
17 Fri May 2024	101.40	101.35	103.35	101.35	0.426 times
16 Thu May 2024	112.60	111.90	116.20	110.25	1.174 times
15 Wed May 2024	108.40	101.50	111.90	101.50	2.147 times
14 Tue May 2024	100.90	92.65	106.50	87.10	4.869 times
13 Mon May 2024	90.70	77.50	90.70	75.00	1.098 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

My analysis of stock is bullish for shortterm, and stock might move up till 98.3 or till 110.9. Use a stoploss of 87.77 and if this stock hits its stoploss, then it can fall down till 77.28

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	88.00
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	88.39
Downside Intraday Target	84.8
Upside Intraday Target	95.19
Upside Intraday Target	98.4
Downside Intraday Target	91.6

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Wed Aug 2024	91.99	90.10	94.80	88.00	0.027 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
21 Wed Aug 2024	91.99	90.10	94.80	88.00	0.026 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 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 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. Bears are getting stronger in this stock.

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 but BUY 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 102.41 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.