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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 44573

Date Daily Closing Price Open High Low Volume
21 Tue May 2024 91.31 93.20 93.20 91.31 0.171 times
20 Mon May 2024 96.11 101.00 102.00 96.11 0.168 times
17 Fri May 2024 101.16 102.10 106.50 101.14 0.569 times
16 Thu May 2024 112.37 111.95 116.00 110.02 2.846 times
15 Wed May 2024 108.41 100.87 111.94 100.87 1.833 times

My analysis of stock is bullish for shortterm, and stock might move up till 98 or till 110.7. Use a stoploss of 87.49 and if this stock hits its stoploss, then it can fall down till 76.96

Share price targets for Mro Tek (MroTek)

Target Type Value
Downside Target 55.63
Downside Target 57.35
Downside Target 62.05
Downside Target 70.15
Downside Target 74.50
Downside Target 80.00
Downside Target 81.93
Downside Target 86.39
Downside Target 90.00
Upside Target 94.44
Upside Target 95.84
Upside Target 102.00
Upside Target 116.00

Intraday share price targets for Mro Tek (MroTek)

Target Type Value
Downside Intraday Target 87.75
Downside Intraday Target 84.18
Upside Intraday Target 98.44
Upside Intraday Target 105.56
Upside Intraday Target 94.87

Weekly technical analysis of Mro Tek (MroTek)

Date Weekly Closing Price Open High Low Volume
21 Tue May 2024 91.31 101.00 102.00 91.31 0.036 times
17 Fri May 2024 101.16 75.94 116.00 75.70 30.828 times
10 Fri May 2024 75.03 80.10 81.93 74.50 1.033 times
03 Fri May 2024 81.75 81.00 87.29 80.26 0.357 times
26 Fri Apr 2024 82.49 80.00 86.39 80.00 1.398 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
21 Tue May 2024 91.31 82.61 116.00 74.50 1.562 times
30 Tue Apr 2024 81.80 70.15 95.84 70.15 1.387 times
28 Thu Mar 2024 71.22 80.35 90.00 55.63 0.397 times
29 Thu Feb 2024 78.50 64.02 94.44 62.05 2.029 times

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 40, 30, 15 Buy
MACD 10, 8Buy
Stochastics 52None
CCI -4Sell
RSI 64Buy
OBV 356174Sell
VWAP 104Sell
ADL 0Sell
ROC 16Buy
Force Index 0Sell

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 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 Weak and stock is losing momentum.

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

Mro Tek Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 and SELL signal is strong!

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 103.98 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 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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