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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 2024-11-05 View latest technical analysis

10 day averaged volume of Mro Tek is 31877

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	92.97	95.17	95.39	92.24	0.549 times
04 Mon Nov 2024	94.63	95.54	97.75	92.01	0.495 times
01 Fri Nov 2024	95.54	92.68	95.93	91.99	0.281 times
31 Thu Oct 2024	91.37	90.89	93.33	89.33	0.805 times
30 Wed Oct 2024	90.62	88.40	90.89	86.12	0.694 times
29 Tue Oct 2024	86.57	86.95	87.00	82.81	0.791 times
28 Mon Oct 2024	84.36	83.50	86.60	82.00	1.658 times
25 Fri Oct 2024	82.87	84.50	87.21	82.26	1.258 times
24 Thu Oct 2024	86.49	91.90	91.90	85.30	1.823 times
23 Wed Oct 2024	89.48	93.98	93.98	88.20	0.78 times

My analysis of stock is bearish for shortterm, and stock might move down till 87.5 or till 80.6. Use a stoploss of 93.18 and if the stock hits stoploss, then it can shoot up till 98.9

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	74.00
Downside Target	82.00
Downside Target	88.00
Downside Target	91.99
Upside Target	95.93
Upside Target	99.92
Upside Target	101.00
Upside Target	102.00
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	90.74
Downside Intraday Target	88.5
Upside Intraday Target	96.48
Upside Intraday Target	99.98
Upside Intraday Target	94.24

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Nov 2024	92.97	95.54	97.75	92.01	0.247 times
01 Fri Nov 2024	95.54	83.50	95.93	82.00	0.462 times
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

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
05 Tue Nov 2024	92.97	92.68	97.75	91.99	0.023 times
31 Thu Oct 2024	91.37	106.50	106.50	82.00	3.815 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

Scroll below to view daily charts

Price has moved up 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mro Tek Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 87.72 and Mro Tek (MRO-TEK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.