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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 2024-12-20 View latest technical analysis

10 day averaged volume of Mro Tek is 71593

Date	Daily Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	89.96	93.13	95.45	89.03	0.233 times
19 Thu Dec 2024	93.73	94.35	95.35	92.60	0.374 times
18 Wed Dec 2024	93.29	96.48	96.48	92.54	0.32 times
17 Tue Dec 2024	94.68	95.05	96.79	94.10	0.43 times
16 Mon Dec 2024	94.86	97.00	98.59	93.61	0.856 times
13 Fri Dec 2024	95.89	90.65	98.80	89.78	1.923 times
12 Thu Dec 2024	90.80	91.93	94.45	89.50	0.281 times
11 Wed Dec 2024	91.73	94.00	94.00	91.00	0.188 times
10 Tue Dec 2024	92.91	91.31	95.70	91.00	1.427 times
09 Mon Dec 2024	91.53	97.40	97.90	91.40	1.02 times

My analysis of stock is bearish for shortterm, and stock might move down till 86.3 or till 81.9. Use a stoploss of 90.04 and if the stock hits stoploss, then it can shoot up till 93.74

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	82.00
Downside Target	88.00
Upside Target	92.00
Upside Target	96.07
Upside Target	97.75
Upside Target	98.59
Upside Target	98.80
Upside Target	102.00
Upside Target	106.50
Upside Target	113.70
Upside Target	119.46

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

Target Type	Value
Downside Intraday Target	86.46
Downside Intraday Target	82.97
Upside Intraday Target	96.02
Upside Intraday Target	102.09
Upside Intraday Target	92.53

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Fri Dec 2024	89.96	97.00	98.59	89.03	0.457 times
13 Fri Dec 2024	95.89	97.40	98.80	89.50	1.209 times
06 Fri Dec 2024	94.77	87.00	96.07	84.19	2.953 times
29 Fri Nov 2024	85.33	86.70	90.02	82.25	1.491 times
22 Fri Nov 2024	84.82	91.60	92.00	83.55	1.232 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
20 Fri Dec 2024	89.96	87.00	98.80	84.19	2.861 times
29 Fri Nov 2024	85.33	92.68	97.75	82.25	0.152 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

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)

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 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 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 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 SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 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 93.72 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.