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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 2043

Date Daily Closing Price Open High Low Volume
03 Fri Dec 2021 53.75 53.75 53.75 53.75 2.906 times
02 Thu Dec 2021 51.20 51.20 51.20 51.20 0.294 times
01 Wed Dec 2021 48.80 47.20 49.50 45.65 1.057 times
30 Tue Nov 2021 47.20 46.85 47.30 45.60 0.797 times
29 Mon Nov 2021 46.85 46.15 47.75 45.90 0.561 times
26 Fri Nov 2021 48.30 49.25 49.45 47.05 0.789 times
25 Thu Nov 2021 48.35 46.80 48.50 45.95 0.771 times
24 Wed Nov 2021 46.20 45.15 47.90 45.15 1.514 times
23 Tue Nov 2021 46.55 44.45 47.80 44.10 0.628 times
22 Mon Nov 2021 46.00 48.25 48.40 44.60 1.086 times

Stock of Mro Tek (MroTek) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 52.9, but if it comes below 52.9, then a intra day sell could be more profitable.
If you take a sell trade below 52.9, then use 52.9 as stoploss and 49.78 as target. However if you take a buy trade in stock , then use 52.9 as stoploss and 56.6 as target.

Share price targets for Mro Tek (MroTek)

Target Type Value
Downside Target 26.60
Downside Target 44.10
Downside Target 49.45
Downside Target 51.50
Downside Target 53.75
Upside Target 54.90
Upside Target 55.55
Upside Target 56.40
Upside Target 70.85
Upside Target 79.25

Intraday share price targets for Mro Tek (MroTek)

Target Type Value
Downside Intraday Target 48.32
Downside Intraday Target 42.88
Upside Intraday Target 56.47
Upside Intraday Target 59.18
Downside Intraday Target 51.03

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
03 Fri Dec 2021 53.75 46.15 53.75 45.60 1.173 times
26 Fri Nov 2021 48.30 48.25 49.45 44.10 0.523 times
18 Thu Nov 2021 46.20 50.45 52.25 44.45 2.54 times
12 Fri Nov 2021 52.30 55.00 55.55 51.50 0.701 times
04 Thu Nov 2021 53.65 53.25 54.90 51.95 0.496 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
03 Fri Dec 2021 53.75 47.20 53.75 45.65 0.177 times
30 Tue Nov 2021 47.20 53.25 55.55 44.10 0.16 times
29 Fri Oct 2021 53.75 62.20 79.25 53.00 0.623 times
30 Thu Sep 2021 59.25 47.15 70.85 45.15 2.279 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 (MroTek)

Indicator Name Indicator Value Indicator Signal
ADX 30, 19, 24 Buy
MACD -3, -4Buy
Stochastics 96Buy
CCI 212Buy
RSI 55Buy
OBV -12443Sell
VWAP 49Buy
ADL 0Sell
ROC 16Buy
Force Index 0Sell

Price action analysis of Mro Tek ( (MroTek) ) 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 ( (MroTek) ) 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 ( (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 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 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 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 49.14 and Mro Tek (MroTek) 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 (MroTek) stock. Volume based technical analysis of Mro Tek (MroTek) 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.

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Daily charts

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Daily chart

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