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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 2024-09-02 View latest technical analysis

10 day averaged volume of Mro Tek is 166114

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	107.37	111.42	113.70	105.85	0.551 times
30 Fri Aug 2024	111.42	113.80	113.86	109.11	0.504 times
29 Thu Aug 2024	112.80	113.40	115.00	110.10	0.753 times
28 Wed Aug 2024	112.80	115.23	115.23	109.48	0.885 times
27 Tue Aug 2024	115.25	110.99	119.46	108.91	3.397 times
26 Mon Aug 2024	108.60	100.00	108.60	99.00	0.898 times
23 Fri Aug 2024	98.73	88.23	98.86	88.21	2.1 times
22 Thu Aug 2024	89.88	90.65	94.44	89.00	0.411 times
21 Wed Aug 2024	91.99	91.50	93.44	91.03	0.214 times
20 Tue Aug 2024	91.01	94.40	94.40	88.00	0.433 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 110.9 as stoploss in an intra day sell trade for a target of 97.76. However, stock will show a bullish move above 110.9.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	57.65
Downside Target	71.10
Downside Target	74.00
Downside Target	82.95
Downside Target	88.00
Downside Target	95.80
Downside Target	98.86
Downside Target	105.85
Upside Target	113.70
Upside Target	116.20
Upside Target	119.46

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

Target Type	Value
Downside Intraday Target	104.25
Downside Intraday Target	101.12
Upside Intraday Target	112.1
Upside Intraday Target	116.82
Upside Intraday Target	108.97

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Sep 2024	107.37	111.42	113.70	105.85	0.086 times
30 Fri Aug 2024	111.42	100.00	119.46	99.00	1.807 times
23 Fri Aug 2024	98.73	90.10	98.86	88.00	0.093 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

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
02 Mon Sep 2024	107.37	111.42	113.70	105.85	0.055 times
30 Fri Aug 2024	111.42	90.10	119.46	88.00	0.252 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 107.68 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.