(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, 0 | Sell |
| Stochastics | 53 | None |
| CCI | -20 | Sell |
| RSI | 60 | Buy |
| OBV | -12867 | Sell |
| VWAP | 32 | Sell |
| ADL | 0 | Sell |
| ROC | -7 | Sell |
| Force Index | 0 | Sell |
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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