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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 2024-10-25 View latest technical analysis

10 day averaged volume of Mro Tek is 120210

Date	Daily Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	82.87	84.50	87.21	82.26	0.334 times
24 Thu Oct 2024	86.49	91.90	91.90	85.30	0.483 times
23 Wed Oct 2024	89.48	93.98	93.98	88.20	0.207 times
22 Tue Oct 2024	90.99	92.01	95.90	89.02	0.375 times
21 Mon Oct 2024	92.82	97.00	99.92	91.26	1.026 times
18 Fri Oct 2024	95.17	91.50	95.17	88.61	0.607 times
17 Thu Oct 2024	90.64	92.20	93.34	89.35	1.981 times
16 Wed Oct 2024	94.06	94.00	95.70	92.59	1.274 times
15 Tue Oct 2024	97.47	98.80	98.90	94.41	1.879 times
14 Mon Oct 2024	99.38	101.00	101.00	96.25	1.204 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 79.8, for a target of 90.7 or 99.84

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	71.10
Downside Target	74.00
Downside Target	82.26
Upside Target	88.00
Upside Target	95.80
Upside Target	106.50
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	76.78
Downside Intraday Target	70.69
Upside Intraday Target	94.44
Upside Intraday Target	106.01
Upside Intraday Target	88.35

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Fri Oct 2024	82.87	97.00	99.92	82.26	0.349 times
18 Fri Oct 2024	95.17	101.00	101.00	88.61	1.47 times
11 Fri Oct 2024	101.32	106.50	106.50	97.60	1.19 times
04 Wed Sep 2024	112.83	111.42	113.70	102.00	0.446 times
30 Fri Aug 2024	111.42	100.00	119.46	99.00	1.807 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
25 Fri Oct 2024	82.87	106.50	106.50	82.26	3.551 times
04 Wed Sep 2024	112.83	111.42	113.70	102.00	0.287 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

Scroll below to view daily charts

Price has moved down 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 to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Mro Tek in short term and the sell signal is strong.

Mro Tek Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mro Tek in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY 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 93.63 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.