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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 2021-08-04 View latest technical analysis

10 day averaged volume of Mro Tek is 1134

Date Daily Closing Price Open High Low Volume
04 Wed Aug 2021 31.05 32.00 34.10 31.00 2.624 times
03 Tue Aug 2021 32.50 31.40 33.00 31.35 1.356 times
02 Mon Aug 2021 33.30 32.10 35.70 32.10 1.466 times
30 Fri Jul 2021 33.75 30.65 34.95 30.65 0.044 times
29 Thu Jul 2021 32.75 33.30 35.40 32.55 1.286 times
28 Wed Jul 2021 33.90 32.85 33.90 32.80 0.018 times
27 Tue Jul 2021 33.40 32.30 36.40 31.55 2.532 times
26 Mon Jul 2021 34.95 34.15 34.95 34.15 0.024 times
23 Fri Jul 2021 34.00 34.05 34.65 32.60 1.269 times
22 Thu Jul 2021 33.40 34.05 36.30 32.60 1.613 times

Stock of Mro Tek (MroTek) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 31.5, for a target of 32.6 or 33.42

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 29.47
Downside Intraday Target 27.88
Upside Intraday Target 34.17
Upside Intraday Target 37.28
Upside Intraday Target 32.58

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
04 Wed Aug 2021 31.05 32.10 35.70 31.00 1.395 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
04 Wed Aug 2021 31.05 32.10 35.70 31.00 0.176 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 18, 16, 6 Buy
MACD 1, 1Sell
Stochastics 28Sell
CCI -161Sell
RSI 52Buy
OBV 432Sell
VWAP 33Sell
ADL 0Sell
ROC -10Sell
Force Index 0Sell

Price action analysis of Mro Tek ( (MroTek) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY. 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 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 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 32.78 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 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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