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(MRO-TEK_BE) Mro Tek complete technical analysis [charts+indicators] | Buy/Sell Mro Tek | (MRO-TEK_BE) share price targets

Complete technical analysis of Mro Tek (MRO-TEK_BE) by charts plus indicators, forecast predictions and share price targets for Mro Tek (MRO-TEK_BE)

Showing technical analysis as on 2024-07-31 View latest technical analysis

10 day averaged volume of Mro Tek is 11707

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	80.89	80.50	81.74	80.00	0.914 times
30 Tue Jul 2024	80.25	79.11	81.45	78.15	2.048 times
29 Mon Jul 2024	79.11	79.80	80.40	78.00	0.63 times
26 Fri Jul 2024	78.44	76.50	80.30	76.50	0.51 times
25 Thu Jul 2024	77.86	77.03	79.48	77.03	0.546 times
24 Wed Jul 2024	77.03	76.50	79.00	76.05	0.695 times
23 Tue Jul 2024	76.62	78.29	79.84	75.89	1.765 times
22 Mon Jul 2024	79.89	80.80	81.00	78.00	0.532 times
19 Fri Jul 2024	78.80	81.01	81.01	78.01	1.439 times
18 Thu Jul 2024	79.42	78.98	79.43	78.50	0.69 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 81.7 as stoploss in an intra day sell trade for a target of 79.63. However, stock will show a bullish move above 81.7.

Share price targets for Mro Tek (MRO-TEK_BE)

Target Type	Value
Downside Target	44.15
Downside Target	46.45
Downside Target	48.85
Downside Target	55.80
Downside Target	73.90
Upside Target	81.00
Upside Target	81.01
Upside Target	81.74
Upside Target	84.00
Upside Target	84.30
Upside Target	87.45
Upside Target	96.35

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

Target Type	Value
Downside Intraday Target	78.68
Downside Intraday Target	76.47
Upside Intraday Target	82.42
Upside Intraday Target	83.95
Downside Intraday Target	80.21

Weekly technical analysis of Mro Tek (MRO-TEK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	80.89	79.80	81.74	78.00	0.887 times
26 Fri Jul 2024	78.44	80.80	81.00	75.89	0.891 times
19 Fri Jul 2024	78.80	79.97	81.01	78.00	0.726 times
12 Fri Jul 2024	77.20	81.92	84.00	77.00	0.561 times
05 Fri Jul 2024	83.70	76.70	87.45	75.25	1.883 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	80.89	76.70	87.45	75.25	1.005 times
28 Fri Jun 2024	75.71	80.80	84.30	73.90	0.983 times
31 Fri May 2024	81.30	96.35	96.35	78.40	12.216 times
13 Mon Sep 2021	44.15	46.45	46.45	44.15	2.265 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_BE)

Price action analysis of Mro Tek ( (MRO-TEK_BE) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Mro Tek ( (MRO-TEK_BE) ) 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_BE) ) based on a short to mid 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_BE) ) 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 SELL signal for Mro Tek in short term but the sell 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 moving up

CCI has generated a buy signal for Mro Tek in short term and BUY signal is strong.

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 78.83 and Mro Tek (MRO-TEK_BE) 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_BE) stock. Volume based technical analysis of Mro Tek (MRO-TEK_BE) stock is negative.

Mro Tek Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.