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

(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 2024-12-27 View latest technical analysis

10 day averaged volume of Mro Tek is 35454

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	88.39	89.50	91.06	86.72	0.413 times
26 Thu Dec 2024	89.65	92.95	92.95	88.35	0.414 times
24 Tue Dec 2024	89.95	92.70	93.00	89.50	0.376 times
23 Mon Dec 2024	89.37	90.00	91.96	88.60	0.29 times
20 Fri Dec 2024	89.96	93.13	95.45	89.03	0.47 times
19 Thu Dec 2024	93.73	94.35	95.35	92.60	0.755 times
18 Wed Dec 2024	93.29	96.48	96.48	92.54	0.647 times
17 Tue Dec 2024	94.68	95.05	96.79	94.10	0.868 times
16 Mon Dec 2024	94.86	97.00	98.59	93.61	1.729 times
13 Fri Dec 2024	95.89	90.65	98.80	89.78	3.884 times

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 87.6 as stoploss in an intra day buy trade for a target of 90.73. However, stock will show a bearish move below 87.6.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	82.00
Downside Target	84.19
Downside Target	86.72
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	85.74
Downside Intraday Target	83.09
Upside Intraday Target	92.02
Upside Intraday Target	95.65
Upside Intraday Target	89.37

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Dec 2024	88.39	90.00	93.00	86.72	0.334 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
27 Fri Dec 2024	88.39	87.00	98.80	84.19	3.052 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 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 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 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 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 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 93.99 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.