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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 2021-08-06 View latest technical analysis

10 day averaged volume of Mro Tek is 1238

Date Daily Closing Price Open High Low Volume
06 Fri Aug 2021 31.90 32.00 32.00 30.90 2.424 times
05 Thu Aug 2021 30.50 30.00 31.20 28.75 0.275 times
04 Wed Aug 2021 31.05 32.00 34.10 31.00 2.404 times
03 Tue Aug 2021 32.50 31.40 33.00 31.35 1.242 times
02 Mon Aug 2021 33.30 32.10 35.70 32.10 1.342 times
30 Fri Jul 2021 33.75 30.65 34.95 30.65 0.04 times
29 Thu Jul 2021 32.75 33.30 35.40 32.55 1.178 times
28 Wed Jul 2021 33.90 32.85 33.90 32.80 0.016 times
27 Tue Jul 2021 33.40 32.30 36.40 31.55 2.319 times
26 Mon Jul 2021 34.95 34.15 34.95 34.15 0.022 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 32.1, but if it comes above 32.1, then a intra day buy could be more profitable.
If you take a sell trade below 32.1, then use 32.1 as stoploss and 30.8 as target. However if you take a buy trade in stock , then use 32.1 as stoploss and 33.17 as target.

Share price targets for Mro Tek (MroTek)

Target Type Value
Downside Target 23.60
Downside Target 28.75
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 28.53
Downside Intraday Target 25.17
Upside Intraday Target 35.48
Upside Intraday Target 39.07
Upside Intraday Target 32.12

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
06 Fri Aug 2021 31.90 32.10 35.70 28.75 2.15 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Mro Tek (MroTek)

Date Monthly Closing Price Open High Low Volume
06 Fri Aug 2021 31.90 32.10 35.70 28.75 0.271 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 19, 21, 6 Sell
MACD 0, 1Sell
Stochastics 24Sell
CCI -78Buy
RSI 53Buy
OBV -4917Sell
VWAP 32Sell
ADL 0Sell
ROC -6Sell
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 Weak and stock is losing 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 buy signal for Mro Tek in short term but BUY signal is weak.

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 32.33 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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