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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 2025-01-16 View latest technical analysis

10 day averaged volume of Mro Tek is 14185

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	80.49	77.58	82.00	77.10	1.383 times
15 Wed Jan 2025	77.37	78.66	83.68	75.51	2.037 times
14 Tue Jan 2025	76.82	76.64	79.19	75.31	0.603 times
13 Mon Jan 2025	76.64	78.28	81.79	76.00	1.097 times
10 Fri Jan 2025	81.27	84.50	84.50	79.82	0.398 times
09 Thu Jan 2025	83.67	81.40	84.85	80.20	0.379 times
08 Wed Jan 2025	83.72	82.73	85.00	80.02	0.997 times
07 Tue Jan 2025	81.70	82.28	83.80	80.11	0.853 times
06 Mon Jan 2025	81.26	81.00	83.09	80.60	1.208 times
03 Fri Jan 2025	82.22	85.30	85.34	81.42	1.86 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 79.2 as stoploss in an intra day buy trade for a target of 83.89. However, stock will show a bearish move below 79.2.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	75.31
Downside Target	78.51
Upside Target	82.00
Upside Target	89.03
Upside Target	92.44
Upside Target	93.00
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	75.97
Downside Intraday Target	71.46
Upside Intraday Target	84.34
Upside Intraday Target	88.2
Downside Intraday Target	79.83

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	80.49	78.28	83.68	75.31	1.335 times
10 Fri Jan 2025	81.27	81.00	85.00	79.82	0.426 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

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
16 Thu Jan 2025	80.49	80.00	86.10	75.31	0.185 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 down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak 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 SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 80.22 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.