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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)

Showing technical analysis as on 2021-08-03 View latest technical analysis

10 day averaged volume of Mro Tek is 993

Date Daily Closing Price Open High Low Volume
03 Tue Aug 2021 32.50 31.40 33.00 31.35 1.549 times
02 Mon Aug 2021 33.30 32.10 35.70 32.10 1.674 times
30 Fri Jul 2021 33.75 30.65 34.95 30.65 0.05 times
29 Thu Jul 2021 32.75 33.30 35.40 32.55 1.468 times
28 Wed Jul 2021 33.90 32.85 33.90 32.80 0.02 times
27 Tue Jul 2021 33.40 32.30 36.40 31.55 2.891 times
26 Mon Jul 2021 34.95 34.15 34.95 34.15 0.027 times
23 Fri Jul 2021 34.00 34.05 34.65 32.60 1.449 times
22 Thu Jul 2021 33.40 34.05 36.30 32.60 1.842 times
20 Tue Jul 2021 34.40 34.15 34.65 31.25 0.447 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.9, but if it comes above 32.9, then a intra day buy could be more profitable.
If you take a sell trade below 32.9, then use 32.9 as stoploss and 31.9 as target. However if you take a buy trade in stock , then use 32.9 as stoploss and 33.64 as target.

Share price targets for Mro Tek (MroTek)

Target Type Value
Downside Target 23.60
Downside Target 29.80
Downside Target 30.65
Upside Target 35.70
Upside Target 36.30
Upside Target 36.40
Upside Target 36.45
Upside Target 36.50

Intraday share price targets for Mro Tek (MroTek)

Target Type Value
Downside Intraday Target 30.67
Downside Intraday Target 28.83
Upside Intraday Target 35.02
Upside Intraday Target 37.53
Upside Intraday Target 33.18

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
03 Tue Aug 2021 32.50 32.10 35.70 31.35 0.723 times
30 Fri Jul 2021 33.75 34.15 36.40 30.65 1.153 times
23 Fri Jul 2021 34.00 35.00 36.30 31.25 0.996 times
16 Fri Jul 2021 32.50 36.45 36.45 31.80 0.207 times
09 Fri Jul 2021 33.50 35.90 36.30 32.15 2.464 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 (MroTek)

Date Monthly Closing Price Open High Low Volume
03 Tue Aug 2021 32.50 32.10 35.70 31.35 0.091 times
30 Fri Jul 2021 33.75 32.00 36.45 30.65 0.875 times
30 Wed Jun 2021 32.50 24.35 36.50 24.00 12.26 times
31 Mon May 2021 24.05 29.80 29.80 23.60 3272 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 16, 18, 5 Sell
MACD 1, 1Sell
Stochastics 44None
CCI -214Sell
RSI 53Buy
OBV 2684Sell
VWAP 33Sell
ADL 0Sell
ROC -0Sell
Force Index 0Sell

Price action analysis of Mro Tek ( (MroTek) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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.

ADX buy sell signal for Mro Tek stock for short term is SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 coming down

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 and the buying is gaining 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 33.3 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

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Daily chart

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