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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 2024-11-18 View latest technical analysis

10 day averaged volume of Mro Tek is 11449

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	87.90	91.60	92.00	86.21	3.208 times
14 Thu Nov 2024	88.43	93.40	93.80	88.00	1.51 times
13 Wed Nov 2024	91.66	92.97	94.00	89.95	1.719 times
12 Tue Nov 2024	93.24	95.75	95.75	91.15	0.703 times
11 Mon Nov 2024	92.65	91.25	94.50	91.10	0.681 times
08 Fri Nov 2024	94.02	94.80	95.00	93.52	0.175 times
07 Thu Nov 2024	94.83	94.67	95.70	93.02	0.519 times
06 Wed Nov 2024	94.68	94.74	96.00	92.82	1.002 times
05 Tue Nov 2024	92.97	95.17	95.39	92.24	1.529 times
04 Mon Nov 2024	94.63	95.54	97.75	92.01	1.38 times

Stock of Mro Tek (MRO-TEK) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 87.2 as stoploss in an intra day buy trade for a target of 90.81. However, stock will show a bearish move below 87.2.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	74.00
Downside Target	82.00
Downside Target	86.21
Upside Target	88.00
Upside Target	92.00
Upside Target	95.75
Upside Target	97.75
Upside Target	99.92
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	85.41
Downside Intraday Target	82.91
Upside Intraday Target	91.2
Upside Intraday Target	94.49
Upside Intraday Target	88.7

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	87.90	91.60	92.00	86.21	0.695 times
14 Thu Nov 2024	88.43	91.25	95.75	88.00	1.002 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

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
18 Mon Nov 2024	87.90	92.68	97.75	86.21	0.083 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 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 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 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 SELL. Signal strength is Weak 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 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 91.34 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.