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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 2021-08-11 View latest technical analysis

10 day averaged volume of Mro Tek is 1458

Date Daily Closing Price Open High Low Volume
11 Wed Aug 2021 31.45 31.05 33.05 30.65 0.595 times
10 Tue Aug 2021 31.50 31.65 33.00 30.85 0.901 times
09 Mon Aug 2021 31.65 30.90 31.90 26.60 1.525 times
06 Fri Aug 2021 31.90 32.00 32.00 30.90 2.058 times
05 Thu Aug 2021 30.50 30.00 31.20 28.75 0.234 times
04 Wed Aug 2021 31.05 32.00 34.10 31.00 2.041 times
03 Tue Aug 2021 32.50 31.40 33.00 31.35 1.055 times
02 Mon Aug 2021 33.30 32.10 35.70 32.10 1.14 times
30 Fri Jul 2021 33.75 30.65 34.95 30.65 0.034 times
29 Thu Jul 2021 32.75 33.30 35.40 32.55 1 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.7, but if it comes above 31.7, then a intra day buy could be more profitable.
If you take a sell trade below 31.7, then use 31.7 as stoploss and 30.2 as target. However if you take a buy trade in stock , then use 31.7 as stoploss and 32.89 as target.

Share price targets for Mro Tek (MroTek)

Target Type Value
Downside Target 23.60
Downside Target 26.60
Downside Target 28.75
Downside Target 29.80
Downside Target 30.65
Upside Target 33.05
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 27.68
Downside Intraday Target 23.92
Upside Intraday Target 34.13
Upside Intraday Target 36.82
Downside Intraday Target 30.37

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
11 Wed Aug 2021 31.45 30.90 33.05 26.60 0.463 times
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

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
11 Wed Aug 2021 31.45 32.10 35.70 26.60 0.397 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 17, 27, 24 Sell
MACD -0, 0Sell
Stochastics 53None
CCI -20Sell
RSI 60Buy
OBV -12867Sell
VWAP 32Sell
ADL 0Sell
ROC -7Sell
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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Mro Tek in short term and the sell signal is strong.

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. 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 31.91 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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