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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 2024-08-13 View latest technical analysis

10 day averaged volume of Mro Tek is 27507

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	83.59	84.10	87.80	83.50	0.57 times
12 Mon Aug 2024	84.10	81.30	88.30	80.60	0.544 times
09 Fri Aug 2024	84.62	88.68	88.68	83.25	0.959 times
08 Thu Aug 2024	85.85	82.51	86.90	82.51	0.651 times
07 Wed Aug 2024	85.69	84.03	86.90	81.27	0.528 times
06 Tue Aug 2024	84.47	86.00	87.00	81.00	2.026 times
05 Mon Aug 2024	84.72	84.72	84.72	82.51	3.47 times
02 Fri Aug 2024	80.69	80.10	81.00	78.01	0.226 times
01 Thu Aug 2024	81.04	81.74	81.74	80.20	0.335 times
31 Wed Jul 2024	80.89	80.50	81.74	80.00	0.389 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 84 as stoploss in an intra day sell trade for a target of 81.1. However, stock will show a bullish move above 84.

Share price targets for Mro Tek (MRO-TEK_BE)

Target Type	Value
Downside Target	44.15
Downside Target	46.45
Downside Target	73.90
Downside Target	78.00
Downside Target	80.60
Downside Target	81.74
Upside Target	84.30
Upside Target	87.45
Upside Target	88.30
Upside Target	88.68
Upside Target	96.35

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

Target Type	Value
Downside Intraday Target	80.03
Downside Intraday Target	76.46
Upside Intraday Target	87.73
Upside Intraday Target	91.86
Upside Intraday Target	84.16

Weekly technical analysis of Mro Tek (MRO-TEK_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	83.59	81.30	88.30	80.60	0.146 times
09 Fri Aug 2024	84.62	84.72	88.68	81.00	3.653 times
02 Fri Aug 2024	80.69	79.80	81.74	78.00	1.213 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Tue Aug 2024	83.59	81.74	88.68	78.01	0.739 times
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

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 to mid 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Mro Tek stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

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

Mro Tek Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

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 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 84.31 and Mro Tek (MRO-TEK_BE) stock is trading below this level. This means that stock is falling with high volumes. 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.