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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 2024-11-11 View latest technical analysis

10 day averaged volume of Mro Tek is 18750

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	92.65	91.25	94.50	91.10	0.416 times
08 Fri Nov 2024	94.02	94.80	95.00	93.52	0.107 times
07 Thu Nov 2024	94.83	94.67	95.70	93.02	0.317 times
06 Wed Nov 2024	94.68	94.74	96.00	92.82	0.612 times
05 Tue Nov 2024	92.97	95.17	95.39	92.24	0.933 times
04 Mon Nov 2024	94.63	95.54	97.75	92.01	0.842 times
01 Fri Nov 2024	95.54	92.68	95.93	91.99	0.478 times
31 Thu Oct 2024	91.37	90.89	93.33	89.33	1.368 times
30 Wed Oct 2024	90.62	88.40	90.89	86.12	1.18 times
29 Tue Oct 2024	86.57	86.95	87.00	82.81	1.344 times

My analysis of stock is bullish for shortterm, and stock might move up till 95.5 or till 100.1. Use a stoploss of 91.61 and if this stock hits its stoploss, then it can fall down till 87.77

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	91.10
Upside Target	94.50
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	91
Downside Intraday Target	89.35
Upside Intraday Target	94.4
Upside Intraday Target	96.15
Upside Intraday Target	92.75

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Nov 2024	92.65	91.25	94.50	91.10	0.148 times
08 Fri Nov 2024	94.02	95.54	97.75	92.01	0.391 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

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
11 Mon Nov 2024	92.65	92.68	97.75	91.10	0.038 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 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 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 losing momentum.

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

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 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 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 91.74 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 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 negative.

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