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Stock analysis MRO-TEK Limited MRO-TEK

More indepth analysis on MunafaSutra.com

Moving Averages for MRO-TEK Limited

  • 5Day Average: 81.83
  • 12Day Average: 80.28
  • 20Day Average: 75.55
  • 50Day Average: 76.82
  • 100Day Average: 68.78
  • 150Day Average: 65.73
  • 200Day Average: 64

MRO-TEK Indicators & signals

Indicator MACD (12,26,9)

79.54, 76.92, 1.97
Indicator MACD is in positive zone

Indicator ADX (14)

35.94, 30.46, 14.35
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 67
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MRO-TEK MRO-TEK Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 80.50 79.35 to 83.65 -0.98% 0.27 times
16 Tue Apr 2024 81.30 78.15 to 84.85 2.33% 0.32 times
15 Mon Apr 2024 79.45 78.15 to 83.70 -4.62% 0.4 times
12 Fri Apr 2024 83.30 82.10 to 89.85 -1.54% 1.04 times
10 Wed Apr 2024 84.60 83.50 to 95.80 -7.59% 2.47 times
09 Tue Apr 2024 91.55 75.70 to 91.55 19.99% 5.35 times
08 Mon Apr 2024 76.30 75.30 to 78.00 -0.26% 0.05 times
05 Fri Apr 2024 76.50 75.85 to 78.00 -0.2% 0.07 times
04 Thu Apr 2024 76.65 76.05 to 78.50 -1.22% 0.05 times
03 Wed Apr 2024 77.60 76.45 to 78.95 0% 0.09 times
02 Tue Apr 2024 77.60 76.80 to 81.90 -0.58% 0.17 times
01 Mon Apr 2024 78.05 71.10 to 81.95 9.93% 0.39 times

Technical analysis forecast of MRO-TEK Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in MRO-TEK Limited MRO-TEK at this time. Stock is rising and might rise more.

It appears as if MRO-TEK Limited MRO-TEK gave a large move recently.

Stock of MRO-TEK Limited (MRO-TEK) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

My analysis of MRO-TEK Limited is bullish for shortterm, and stock might move up till 85.5 or till 94.7. Use a stoploss of 77.76 and if this stock hits its stoploss, then it can fall down till 70.05

More indepth analysis on MunafaSutra.com