(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, 1 | Sell |
| Stochastics | 24 | Sell |
| CCI | -78 | Buy |
| RSI | 53 | Buy |
| OBV | -4917 | Sell |
| VWAP | 32 | Sell |
| ADL | 0 | Sell |
| ROC | -6 | Sell |
| Force Index | 0 | Sell |
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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