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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 2024-09-20 View latest technical analysis

10 day averaged volume of Mro Tek is 186390

Date Daily Closing Price Open High Low Volume
20 Fri Sep 2024 120.94 123.97 125.00 119.87 0.652 times
19 Thu Sep 2024 126.18 126.30 126.80 118.17 1.635 times
18 Wed Sep 2024 124.39 126.40 126.40 116.35 1.043 times
17 Tue Sep 2024 120.39 116.60 120.51 116.50 1.251 times
16 Mon Sep 2024 114.78 110.36 115.87 107.30 1.472 times
13 Fri Sep 2024 110.36 111.39 112.75 109.30 0.68 times
12 Thu Sep 2024 111.55 112.98 113.40 107.70 0.501 times
11 Wed Sep 2024 113.32 108.35 113.45 108.35 0.749 times
10 Tue Sep 2024 113.19 112.99 113.90 108.50 1.242 times
09 Mon Sep 2024 113.16 112.45 114.65 107.70 0.625 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 119.6, but if it comes below 119.6, then a intra day sell could be more profitable.
If you take a sell trade below 119.6, then use 119.6 as stoploss and 103.56 as target. However if you take a buy trade in stock , then use 119.6 as stoploss and 138.8 as target.

Share price targets for Mro Tek (MRO-TEK_BE)

Target Type Value
Downside Target 73.90
Downside Target 78.01
Downside Target 80.60
Downside Target 84.30
Downside Target 87.45
Downside Target 96.35
Downside Target 107.30
Downside Target 107.70
Downside Target 108.30
Downside Target 114.65
Downside Target 116.60
Upside Target 126.80

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

Target Type Value
Downside Intraday Target 109.89
Downside Intraday Target 98.85
Upside Intraday Target 129.39
Upside Intraday Target 137.85
Downside Intraday Target 118.35

Weekly technical analysis of Mro Tek (MRO-TEK_BE)

Date Weekly Closing Price Open High Low Volume
20 Fri Sep 2024 120.94 110.36 126.80 107.30 1.595 times
13 Fri Sep 2024 110.36 112.45 114.65 107.70 2.844 times
06 Fri Sep 2024 112.45 112.83 116.60 108.30 4.904 times
16 Fri Aug 2024 86.21 81.30 88.30 80.60 0.242 times
09 Fri Aug 2024 84.62 84.72 88.68 81.00 3.653 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mro Tek (MRO-TEK_BE)

Date Monthly Closing Price Open High Low Volume
20 Fri Sep 2024 120.94 112.83 126.80 107.30 7.55 times
16 Fri Aug 2024 86.21 81.74 88.68 78.01 0.797 times
31 Wed Jul 2024 80.89 76.70 87.45 75.25 1.005 times
28 Fri Jun 2024 75.71 80.80 84.30 73.90 0.983 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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_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 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 Strong and stock is losing momentum.

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

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 green color and prices are above the green 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 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 117.93 and Mro Tek (MRO-TEK_BE) 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_BE) stock. Volume based technical analysis of Mro Tek (MRO-TEK_BE) 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.

Price action analysis of Mro Tek ( (MRO-TEK_BE) ) 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_BE) ) 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_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 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 Strong and stock is losing momentum.

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

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 green color and prices are above the green 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 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 117.93 and Mro Tek (MRO-TEK_BE) 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_BE) stock. Volume based technical analysis of Mro Tek (MRO-TEK_BE) 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.

Click here for Mro Tek charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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