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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 2021-09-14 View latest technical analysis

10 day averaged volume of Mro Tek is 20973

Date Daily Closing Price Open High Low Volume
14 Tue Sep 2021 51.85 49.90 51.85 45.15 3.885 times
13 Mon Sep 2021 47.15 47.15 47.15 47.15 0.243 times
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 5.172 times
16 Mon Aug 2021 47.55 47.55 47.55 47.55 1.296 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

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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48, but if it comes below 48, then a intra day sell could be more profitable.
If you take a sell trade below 48, then use 48 as stoploss and 39.13 as target. However if you take a buy trade in stock , then use 48 as stoploss and 58.7 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 35.70
Downside Target 36.45
Downside Target 39.65
Downside Target 45.15
Downside Target 47.55
Downside Target 49.60
Downside Target 51.85
Upside Target 56.40

Intraday share price targets for Mro Tek (MroTek)

Target Type Value
Downside Intraday Target 47.38
Downside Intraday Target 42.92
Upside Intraday Target 54.08
Upside Intraday Target 56.32
Downside Intraday Target 49.62

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
14 Tue Sep 2021 51.85 47.15 51.85 45.15 1633.396 times
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

Price has moved up 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
14 Tue Sep 2021 51.85 47.15 51.85 45.15 0.4 times
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

Scroll below to view daily charts

Price has moved up 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 45, 28, 24 Buy
MACD 9, 7Buy
Stochastics 77Buy
CCI 39Buy
RSI 69Buy
OBV 249277Sell
VWAP 50Buy
ADL 0Sell
ROC 65Buy
Force Index 0Sell

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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 50.21 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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