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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 2024-12-26 View latest technical analysis

10 day averaged volume of Mro Tek is 35330

Date	Daily Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	89.65	92.95	92.95	88.35	0.416 times
24 Tue Dec 2024	89.95	92.70	93.00	89.50	0.377 times
23 Mon Dec 2024	89.37	90.00	91.96	88.60	0.291 times
20 Fri Dec 2024	89.96	93.13	95.45	89.03	0.472 times
19 Thu Dec 2024	93.73	94.35	95.35	92.60	0.757 times
18 Wed Dec 2024	93.29	96.48	96.48	92.54	0.649 times
17 Tue Dec 2024	94.68	95.05	96.79	94.10	0.871 times
16 Mon Dec 2024	94.86	97.00	98.59	93.61	1.735 times
13 Fri Dec 2024	95.89	90.65	98.80	89.78	3.897 times
12 Thu Dec 2024	90.80	91.93	94.45	89.50	0.569 times

My analysis of stock is bearish for shortterm, and stock might move down till 87.1 or till 83. Use a stoploss of 90.51 and if the stock hits stoploss, then it can shoot up till 93.93

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	82.00
Downside Target	84.19
Downside Target	88.00
Upside Target	93.00
Upside Target	96.07
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	87.67
Downside Intraday Target	85.68
Upside Intraday Target	92.32
Upside Intraday Target	94.98
Upside Intraday Target	90.33

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Thu Dec 2024	89.65	90.00	93.00	88.35	0.242 times
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

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
26 Thu Dec 2024	89.65	87.00	98.80	84.19	2.999 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 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 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 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 gaining 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 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 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 94.04 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.