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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 2021-08-30 View latest technical analysis

10 day averaged volume of Mro Tek is 20980

Date Daily Closing Price Open High Low Volume
30 Mon Aug 2021 49.60 49.60 49.60 49.60 0.003 times
20 Fri Aug 2021 52.20 53.95 56.40 52.20 0.411 times
18 Wed Aug 2021 54.90 54.90 54.90 54.90 1.079 times
17 Tue Aug 2021 52.30 52.30 52.30 49.90 5.171 times
16 Mon Aug 2021 47.55 47.55 47.55 47.55 1.295 times
13 Fri Aug 2021 39.65 32.50 39.65 32.50 1.662 times
12 Thu Aug 2021 33.05 29.00 33.55 26.65 0.029 times
11 Wed Aug 2021 31.45 31.05 33.05 30.65 0.041 times
10 Tue Aug 2021 31.50 31.65 33.00 30.85 0.063 times
09 Mon Aug 2021 31.65 30.90 31.90 26.60 0.106 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 45.8, but if it comes below 45.8, then a intra day sell could be more profitable.
If you take a sell trade below 45.8, then use 45.8 as stoploss and 37.59 as target. However if you take a buy trade in stock , then use 45.8 as stoploss and 55.7 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
Downside Target 31.35
Downside Target 35.70
Downside Target 39.65
Downside Target 47.55
Downside Target 49.60
Upside Target 56.40

Intraday share price targets for Mro Tek (MroTek)

Target Type Value
Downside Intraday Target 49.6
Downside Intraday Target 49.6
Downside Intraday Target 49.6
Downside Intraday Target 49.6
Downside Intraday Target 49.6

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
30 Mon Aug 2021 49.60 49.60 49.60 49.60 0 times
20 Fri Aug 2021 52.20 47.55 56.40 47.55 4.185 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

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
30 Mon Aug 2021 49.60 32.10 56.40 26.60 6.167 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 43, 28, 21 Buy
MACD 8, 5Buy
Stochastics 88Buy
CCI 54Sell
RSI 70Buy
OBV 174373Sell
VWAP 49Buy
ADL 0Sell
ROC 55Buy
Force Index 0Sell

Price action analysis of Mro Tek ( (MroTek) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 mid to longer 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.

ADX buy sell signal for Mro Tek stock for short term is BUY. Signal strength is Strong and stock is losing 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 tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 49.32 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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