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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 2023-03-20 View latest technical analysis

10 day averaged volume of Mro Tek is 1066

Date	Daily Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	57.45	57.56	58.25	56.90	0.384 times
17 Fri Mar 2023	56.52	56.45	57.00	56.06	0.986 times
16 Thu Mar 2023	56.65	57.10	57.10	56.00	0.358 times
15 Wed Mar 2023	57.05	58.06	58.06	57.05	0.444 times
14 Tue Mar 2023	57.75	56.51	59.00	56.30	1.113 times
13 Mon Mar 2023	58.70	59.00	59.00	57.73	0.225 times
10 Fri Mar 2023	60.05	57.10	60.05	57.10	0.152 times
09 Thu Mar 2023	60.33	61.80	61.80	60.20	1.069 times
08 Wed Mar 2023	60.74	65.70	65.70	59.10	3.532 times
06 Mon Mar 2023	57.81	56.25	59.17	56.25	0.568 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 57.1 as stoploss in an intra day buy trade for a target of 58.31. However, stock will show a bearish move below 57.1.

Share price targets for Mro Tek (MroTek)

Target Type	Value
Downside Target	56.00
Upside Target	60.00
Upside Target	60.45
Upside Target	60.70
Upside Target	65.70
Upside Target	68.40
Upside Target	71.00
Upside Target	75.00
Upside Target	84.00

Intraday share price targets for Mro Tek (MroTek)

Target Type	Value
Downside Intraday Target	56.82
Downside Intraday Target	56.18
Upside Intraday Target	58.17
Upside Intraday Target	58.88
Upside Intraday Target	57.53

Weekly technical analysis of Mro Tek (MroTek)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Mon Mar 2023	57.45	57.56	58.25	56.90	0.123 times
17 Fri Mar 2023	56.52	59.00	59.00	56.00	0.587 times
10 Fri Mar 2023	60.05	56.25	65.70	56.25	0.763 times
03 Fri Mar 2023	57.02	59.90	60.70	56.71	0.825 times
24 Fri Feb 2023	59.15	59.50	60.45	56.85	0.572 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
20 Mon Mar 2023	57.45	58.45	65.70	56.00	0.128 times
28 Tue Feb 2023	58.20	66.50	71.00	56.85	0.272 times
31 Tue Jan 2023	65.00	61.60	84.00	57.55	9.379 times
30 Fri Dec 2022	62.00	65.50	75.00	56.05	1.333 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)

Price action analysis of Mro Tek ( (MroTek) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

MACD generated a SELL signal for Mro Tek in short term and the sell 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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Mro Tek in short term but BUY 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 59.1 and Mro Tek (MroTek) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.