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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 2024-11-12 View latest technical analysis

10 day averaged volume of Mro Tek is 14245

Date	Daily Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	93.24	95.75	95.75	91.15	0.565 times
11 Mon Nov 2024	92.65	91.25	94.50	91.10	0.548 times
08 Fri Nov 2024	94.02	94.80	95.00	93.52	0.141 times
07 Thu Nov 2024	94.83	94.67	95.70	93.02	0.417 times
06 Wed Nov 2024	94.68	94.74	96.00	92.82	0.805 times
05 Tue Nov 2024	92.97	95.17	95.39	92.24	1.229 times
04 Mon Nov 2024	94.63	95.54	97.75	92.01	1.109 times
01 Fri Nov 2024	95.54	92.68	95.93	91.99	0.629 times
31 Thu Oct 2024	91.37	90.89	93.33	89.33	1.801 times
30 Wed Oct 2024	90.62	88.40	90.89	86.12	1.553 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 95 as stoploss in an intra day sell trade for a target of 91.4. However, stock will show a bullish move above 95.

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	95.75
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	90.98
Downside Intraday Target	88.71
Upside Intraday Target	95.63
Upside Intraday Target	98.01
Upside Intraday Target	93.36

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Tue Nov 2024	93.24	91.25	95.75	91.10	0.301 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
12 Tue Nov 2024	93.24	92.68	97.75	91.10	0.043 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Mro Tek in short term and BUY signal is strong.

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 92.88 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.