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(MRO-TEK_BE) Mro Tek complete technical analysis [charts+indicators] | Buy/Sell Mro Tek | (MRO-TEK_BE) share price targets

Complete technical analysis of Mro Tek (MRO-TEK_BE) by charts plus indicators, forecast predictions and share price targets for Mro Tek (MRO-TEK_BE)

Showing technical analysis as on 2024-07-18 View latest technical analysis

10 day averaged volume of Mro Tek is 16110

Date	Daily Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	79.42	78.98	79.43	78.50	0.502 times
16 Tue Jul 2024	78.99	79.20	79.90	78.00	0.832 times
15 Mon Jul 2024	78.99	79.97	80.98	78.01	0.923 times
12 Fri Jul 2024	77.20	78.98	78.98	77.00	0.662 times
11 Thu Jul 2024	77.93	79.79	79.89	77.50	1.119 times
10 Wed Jul 2024	79.15	80.50	81.92	78.00	1.242 times
09 Tue Jul 2024	80.21	81.40	81.40	79.01	0.654 times
08 Mon Jul 2024	80.70	81.92	84.00	80.00	0.874 times
05 Fri Jul 2024	83.70	80.11	84.45	80.11	0.795 times
04 Thu Jul 2024	83.51	85.35	85.35	81.82	0.669 times

My analysis of stock is bearish for shortterm, and stock might move down till 77.4 or till 74.6. Use a stoploss of 79.64 and if the stock hits stoploss, then it can shoot up till 81.91

Share price targets for Mro Tek (MRO-TEK_BE)

Target Type	Value
Downside Target	44.15
Downside Target	46.45
Downside Target	48.85
Downside Target	55.80
Downside Target	73.90
Downside Target	77.00
Upside Target	80.24
Upside Target	80.98
Upside Target	84.00
Upside Target	84.30
Upside Target	87.45
Upside Target	96.35

Intraday share price targets for Mro Tek (MRO-TEK_BE)

Target Type	Value
Downside Intraday Target	77.95
Downside Intraday Target	76.49
Upside Intraday Target	80.93
Upside Intraday Target	82.45
Upside Intraday Target	79.47

Weekly technical analysis of Mro Tek (MRO-TEK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	79.42	79.97	80.98	78.00	0.496 times
12 Fri Jul 2024	77.20	81.92	84.00	77.00	0.561 times
05 Fri Jul 2024	83.70	76.70	87.45	75.25	1.883 times
28 Fri Jun 2024	75.71	79.00	79.00	74.60	1.084 times
21 Fri Jun 2024	79.30	80.00	80.24	77.20	0.763 times

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Thu Jul 2024	79.42	76.70	87.45	75.25	0.697 times
28 Fri Jun 2024	75.71	80.80	84.30	73.90	0.983 times
31 Fri May 2024	81.30	96.35	96.35	78.40	12.216 times
13 Mon Sep 2021	44.15	46.45	46.45	44.15	2.265 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_BE)

Price action analysis of Mro Tek ( (MRO-TEK_BE) ) based on a short 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_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer 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.

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 SELL signal for Mro Tek in short term but the sell signal is initial and weak.

Mro Tek Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Mro Tek in short term but BUY signal is weak.

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 79.85 and Mro Tek (MRO-TEK_BE) 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_BE) stock. Volume based technical analysis of Mro Tek (MRO-TEK_BE) stock is negative.

Mro Tek Stock has given negative 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.