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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 2025-01-08 View latest technical analysis

10 day averaged volume of Mro Tek is 19955

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	83.72	82.73	85.00	80.02	0.709 times
07 Tue Jan 2025	81.70	82.28	83.80	80.11	0.607 times
06 Mon Jan 2025	81.26	81.00	83.09	80.60	0.859 times
03 Fri Jan 2025	82.22	85.30	85.34	81.42	1.322 times
02 Thu Jan 2025	85.30	84.02	86.10	83.14	0.403 times
01 Wed Jan 2025	83.58	80.00	84.45	80.00	0.51 times
31 Tue Dec 2024	80.59	80.00	83.05	78.51	1.762 times
30 Mon Dec 2024	82.20	90.20	92.44	80.36	2.401 times
27 Fri Dec 2024	88.39	89.50	91.06	86.72	0.734 times
26 Thu Dec 2024	89.65	92.95	92.95	88.35	0.736 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 83.1 as stoploss in an intra day buy trade for a target of 88.14. However, stock will show a bearish move below 83.1.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	78.51
Downside Target	82.00
Upside Target	85.00
Upside Target	89.03
Upside Target	92.44
Upside Target	97.75
Upside Target	98.59
Upside Target	98.80
Upside Target	102.00
Upside Target	106.50
Upside Target	113.70

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

Target Type	Value
Downside Intraday Target	80.83
Downside Intraday Target	77.93
Upside Intraday Target	85.81
Upside Intraday Target	87.89
Downside Intraday Target	82.91

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	83.72	81.00	85.00	80.02	0.34 times
03 Fri Jan 2025	82.22	90.20	92.44	78.51	2.411 times
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

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)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	83.72	80.00	86.10	80.00	0.095 times
31 Tue Dec 2024	80.59	87.00	98.80	78.51	3.353 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

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)

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 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) ) based on a short to mid 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 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 Strong and stock is losing momentum.

MACD generated a SELL signal for Mro Tek in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 red color and prices are below the red 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 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 83.11 and Mro Tek (MRO-TEK) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.