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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 2021-08-16 View latest technical analysis

10 day averaged volume of Mro Tek is 4940

Date Daily Closing Price Open High Low Volume
16 Mon Aug 2021 47.55 47.55 47.55 47.55 5.501 times
13 Fri Aug 2021 39.65 32.50 39.65 32.50 7.057 times
12 Thu Aug 2021 33.05 29.00 33.55 26.65 0.125 times
11 Wed Aug 2021 31.45 31.05 33.05 30.65 0.176 times
10 Tue Aug 2021 31.50 31.65 33.00 30.85 0.266 times
09 Mon Aug 2021 31.65 30.90 31.90 26.60 0.45 times
06 Fri Aug 2021 31.90 32.00 32.00 30.90 0.607 times
05 Thu Aug 2021 30.50 30.00 31.20 28.75 0.069 times
04 Wed Aug 2021 31.05 32.00 34.10 31.00 0.602 times
03 Tue Aug 2021 32.50 31.40 33.00 31.35 0.311 times

Stock of Mro Tek (MroTek) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 41.9, for a target of 37.5 or 33.86

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
Downside Target 35.70
Downside Target 36.40
Downside Target 36.45
Downside Target 36.50
Downside Target 39.65
Downside Target 47.55

Intraday share price targets for Mro Tek (MroTek)

Target Type Value
Downside Intraday Target 47.55
Downside Intraday Target 47.55
Downside Intraday Target 47.55
Downside Intraday Target 47.55
Downside Intraday Target 47.55

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
16 Mon Aug 2021 47.55 47.55 47.55 47.55 0.681 times
13 Fri Aug 2021 39.65 30.90 39.65 26.60 4.19 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

Price has moved up 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
16 Mon Aug 2021 47.55 32.10 47.55 26.60 2.183 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 up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Mro Tek (MroTek)

Indicator Name Indicator Value Indicator Signal
ADX 41, 22, 31 Buy
MACD 3, 1Buy
Stochastics 90Buy
CCI 263Buy
RSI 76Buy
OBV 49952Sell
VWAP 41Buy
ADL 0Sell
ROC 43Buy
Force Index 0Sell

Price action analysis of Mro Tek ( (MroTek) ) based on a short 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.

Price action analysis of Mro Tek ( (MroTek) ) based on a short 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.

Price action analysis of Mro Tek ( (MroTek) ) based on a short to mid 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 mid to longer term time period is

ADX buy sell signal for Mro Tek stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Mro Tek in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Mro Tek Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 moving up

CCI has generated a buy signal for Mro Tek in short term and BUY 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 41.15 and Mro Tek (MroTek) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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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