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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 2025-01-24 View latest technical analysis

10 day averaged volume of Mro Tek is 25062

Date	Daily Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	82.47	85.25	86.20	81.23	0.672 times
23 Thu Jan 2025	85.27	81.79	86.10	80.45	2.07 times
22 Wed Jan 2025	80.30	75.56	82.47	75.27	1.84 times
21 Tue Jan 2025	76.78	80.41	80.41	75.36	0.976 times
20 Mon Jan 2025	78.43	82.06	83.01	78.00	1.148 times
17 Fri Jan 2025	80.78	81.50	81.60	78.30	0.843 times
16 Thu Jan 2025	80.49	77.58	82.00	77.10	0.783 times
15 Wed Jan 2025	77.37	78.66	83.68	75.51	1.153 times
14 Tue Jan 2025	76.82	76.64	79.19	75.31	0.341 times
13 Mon Jan 2025	76.64	78.28	81.79	76.00	0.621 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 83.7 as stoploss in an intra day sell trade for a target of 81.04. However, stock will show a bullish move above 83.7.

Share price targets for Mro Tek (MRO-TEK)

Target Type	Value
Downside Target	75.27
Downside Target	78.51
Downside Target	82.00
Upside Target	86.72
Upside Target	92.44
Upside Target	93.00
Upside Target	97.75
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	76.43
Downside Intraday Target	70.38
Upside Intraday Target	87.36
Upside Intraday Target	92.24
Downside Intraday Target	81.31

Weekly technical analysis of Mro Tek (MRO-TEK)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	82.47	82.06	86.20	75.27	1.792 times
17 Fri Jan 2025	80.78	78.28	83.68	75.31	1.723 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mro Tek (MRO-TEK)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Fri Jan 2025	82.47	80.00	86.20	75.27	0.389 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 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 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 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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mro Tek in short term but the buy signal is initial and weak.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Mro Tek in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 80.29 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 rising upwards.

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 is giving positive 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.