Stock analysis MRO-TEK Limited MRO-TEK
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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 |
| 21 Tue Mar 2023 | 57.05 | 56.50 to 58.00 | -0.35% | 0.32 times |
| 20 Mon Mar 2023 | 57.25 | 57.00 to 57.80 | 0.62% | 0.18 times |
| 17 Fri Mar 2023 | 56.90 | 56.15 to 57.00 | 1.16% | 0.27 times |
| 16 Thu Mar 2023 | 56.25 | 55.25 to 57.65 | -1.4% | 0.45 times |
| 15 Wed Mar 2023 | 57.05 | 56.90 to 58.70 | -1.72% | 0.65 times |
| 14 Tue Mar 2023 | 58.05 | 57.50 to 59.00 | -0.09% | 0.86 times |
| 13 Mon Mar 2023 | 58.10 | 57.10 to 60.00 | -0.94% | 1.31 times |
| 10 Fri Mar 2023 | 58.65 | 57.65 to 60.75 | -2.17% | 0.72 times |
| 09 Thu Mar 2023 | 59.95 | 59.00 to 63.00 | -0.5% | 1.27 times |
| 08 Wed Mar 2023 | 60.25 | 56.70 to 61.40 | 3.88% | 2.84 times |
| 06 Mon Mar 2023 | 58.00 | 55.75 to 60.25 | 1.93% | 1.46 times |
| 03 Fri Mar 2023 | 56.90 | 56.35 to 58.70 | -0.52% | 0.92 times |
Technical analysis forecast for MRO-TEK Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT MRO-TEK Limited MRO-TEK at this time. Stock is falling and might fall more.
It appears as if MRO-TEK Limited MRO-TEK gave a large move recently.
Stock of MRO-TEK Limited (MRO-TEK) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of MRO-TEK Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if MRO-TEK Limited stays below 57.3, but if it comes above 57.3, then a intra day buy could be more profitable.
If you take a sell trade below 57.3, then use 57.3 as stoploss and 56 as target. However if you take a buy trade in MRO-TEK Limited, then use 57.3 as stoploss and 58.35 as target.