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

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

10 day averaged volume of Mro Tek is 17419

Date Daily Closing Price Open High Low Volume
25 Mon Oct 2021 58.75 58.55 59.90 56.40 0.233 times
22 Fri Oct 2021 57.55 60.30 60.35 57.30 0.518 times
21 Thu Oct 2021 60.30 62.00 64.95 60.25 0.506 times
20 Wed Oct 2021 63.40 65.00 65.90 62.70 0.294 times
19 Tue Oct 2021 66.00 64.45 67.95 63.25 0.44 times
18 Mon Oct 2021 65.50 62.00 67.95 61.65 0.861 times
14 Thu Oct 2021 64.85 69.80 71.65 64.85 1.591 times
13 Wed Oct 2021 68.25 62.30 68.25 62.30 1.435 times
12 Tue Oct 2021 65.00 68.40 68.40 65.00 0.825 times
11 Mon Oct 2021 68.40 68.50 73.00 68.40 0.812 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 59.2, but if it comes above 59.2, then a intra day buy could be more profitable.
If you take a sell trade below 59.2, then use 59.2 as stoploss and 53 as target. However if you take a buy trade in stock , then use 59.2 as stoploss and 64.39 as target.

Share price targets for Mro Tek (MroTek)

Target Type Value
Downside Target 24.00
Downside Target 26.60
Downside Target 30.65
Downside Target 36.45
Downside Target 45.15
Downside Target 55.15
Downside Target 56.40
Upside Target 59.90
Upside Target 62.30
Upside Target 64.80
Upside Target 67.95
Upside Target 70.85
Upside Target 73.00
Upside Target 79.25

Intraday share price targets for Mro Tek (MroTek)

Target Type Value
Downside Intraday Target 56.8
Downside Intraday Target 54.85
Upside Intraday Target 60.3
Upside Intraday Target 61.85
Downside Intraday Target 58.35

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
25 Mon Oct 2021 58.75 58.55 59.90 56.40 0.089 times
22 Fri Oct 2021 57.55 62.00 67.95 57.30 0.562 times
14 Thu Oct 2021 64.85 68.50 73.00 62.30 0.58 times
08 Fri Oct 2021 72.00 64.80 79.25 64.80 2.022 times
01 Fri Oct 2021 62.20 61.05 63.40 55.15 0.278 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 (MroTek)

Date Monthly Closing Price Open High Low Volume
25 Mon Oct 2021 58.75 62.20 79.25 56.40 0.588 times
30 Thu Sep 2021 59.25 47.15 70.85 45.15 2.279 times
30 Mon Aug 2021 49.60 32.10 56.40 26.60 6.167 times
30 Fri Jul 2021 33.75 32.00 36.45 30.65 0.875 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 (MroTek)

Indicator Name Indicator Value Indicator Signal
ADX 20, 32, 24 Sell
MACD 5, 7Sell
Stochastics 5Sell
CCI -136Sell
RSI 51Buy
OBV 7929Sell
VWAP 65Sell
ADL 0Sell
ROC -18Sell
Force Index 0Sell

Price action analysis of Mro Tek ( (MroTek) ) 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 ( (MroTek) ) 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 ( (MroTek) ) 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 ( (MroTek) ) based on a mid to longer term time period is

ADX buy sell signal for Mro Tek stock for short term is SELL. 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.

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 in or above the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Mro Tek in short term and SELL 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

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 64.99 and Mro Tek (MroTek) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Mro Tek (MroTek) stock. Volume based technical analysis of Mro Tek (MroTek) stock is negative.

Mro Tek Stock has given negative 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.

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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