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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)

10 day averaged volume of Mro Tek is 800

Date Daily Closing Price Open High Low Volume
31 Fri Mar 2023 56.72 53.00 59.90 52.50 3.213 times
29 Wed Mar 2023 51.95 51.00 52.46 51.00 0.863 times
28 Tue Mar 2023 51.06 53.00 53.00 51.00 1.418 times
27 Mon Mar 2023 54.33 56.00 56.00 54.10 0.336 times
24 Fri Mar 2023 55.77 59.00 59.00 55.15 0.985 times
23 Thu Mar 2023 55.32 56.45 57.00 55.00 1.414 times
22 Wed Mar 2023 57.02 57.02 57.02 57.00 1.775 times
21 Tue Mar 2023 57.02 57.45 57.90 55.05 0.909 times
20 Mon Mar 2023 57.45 57.56 58.25 56.90 0.511 times
17 Fri Mar 2023 56.52 56.45 57.00 56.06 1.314 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 bearish for shortterm, and stock might move down till 54.5 or till 51.7. Use a stoploss of 56.84 and if the stock hits stoploss, then it can shoot up till 59.2

Share price targets for Mro Tek (MroTek)

Target Type Value
Downside Target 51.00
Downside Target 55.00
Upside Target 59.00
Upside Target 60.00
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 51.85
Downside Intraday Target 46.97
Upside Intraday Target 60.75
Upside Intraday Target 64.77
Downside Intraday Target 55.87

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
31 Fri Mar 2023 56.72 56.00 59.90 51.00 1.042 times
24 Fri Mar 2023 55.77 57.56 59.00 55.00 1.343 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

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
31 Fri Mar 2023 56.72 58.45 65.70 51.00 0.219 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)

Indicator Name Indicator Value Indicator Signal
ADX 39, 27, 19 Buy
MACD -3, -3Sell
Stochastics 26Sell
CCI 36Buy
RSI 63Buy
OBV -1953Sell
VWAP 56Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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 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 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

Stock of Mro Tek is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 55.55 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 negative.

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

Click here for Mro Tek charts

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Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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