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(MNRO) Monro Inc complete technical analysis [charts+indicators] | Buy/Sell Monro Inc | (MNRO) share price targets

Complete technical analysis of Monro Inc (MNRO) by charts plus indicators, forecast predictions and share price targets for Monro Inc (MNRO)

Monro Inc trades in USA in Consumer Services sector.

Showing technical analysis as on 2024-01-02 View latest technical analysis

10 day averaged volume of Monro Inc is 332930

Date	Daily Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	29.15	29.22	29.80	28.93	1.195 times
29 Fri Dec 2023	29.34	29.86	29.92	29.17	0.866 times
29 Fri Dec 2023	29.34	29.86	29.92	29.17	0.866 times
28 Thu Dec 2023	29.75	29.70	30.00	29.53	0.725 times
27 Wed Dec 2023	29.89	30.42	30.52	29.88	0.824 times
26 Tue Dec 2023	30.48	31.48	31.48	30.46	0.731 times
22 Fri Dec 2023	31.18	31.30	31.54	31.17	0.98 times
21 Thu Dec 2023	31.19	31.50	31.69	30.82	1.525 times
20 Wed Dec 2023	31.16	32.04	32.38	31.15	1.366 times
19 Tue Dec 2023	31.98	31.60	32.11	31.55	0.858 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 29.6, but if it comes above 29.6, then a intra day buy could be more profitable.
If you take a sell trade below 29.6, then use 29.6 as stoploss and 28.3 as target. However if you take a buy trade in stock , then use 29.6 as stoploss and 30.69 as target.

Share price targets for Monro Inc (MNRO)

Target Type	Value
Downside Target	22.72
Downside Target	24.00
Downside Target	27.18
Downside Target	27.73
Downside Target	28.68
Upside Target	30.49
Upside Target	30.82
Upside Target	31.48
Upside Target	32.66
Upside Target	33.52
Upside Target	33.60

Intraday share price targets for Monro Inc (MNRO)

Target Type	Value
Downside Intraday Target	28.79
Downside Intraday Target	28.42
Upside Intraday Target	29.66
Upside Intraday Target	30.16
Upside Intraday Target	29.29

Weekly technical analysis of Monro Inc (MNRO)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	29.15	29.22	29.80	28.93	1.38 times
29 Fri Dec 2023	29.34	29.86	29.92	29.17	0.275 times
29 Fri Dec 2023	29.34	31.48	31.48	29.17	0.525 times
22 Fri Dec 2023	31.18	32.45	32.66	30.82	0.731 times
15 Fri Dec 2023	32.41	30.33	33.52	29.44	1.197 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 Monro Inc (MNRO)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Tue Jan 2024	29.15	29.22	29.80	28.93	0.045 times
29 Fri Dec 2023	29.34	29.00	33.52	28.68	0.969 times
30 Thu Nov 2023	28.92	24.72	30.49	24.00	0.806 times
31 Tue Oct 2023	24.82	27.70	27.73	22.72	1.251 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 Monro Inc (MNRO)

Price action analysis of Monro Inc ( (MNRO) ) 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 Monro Inc ( (MNRO) ) 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 Monro Inc ( (MNRO) ) 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 Monro Inc stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Monro Inc in short term but the sell signal is initial and weak.

Monro Inc 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Monro Inc in short term and SELL 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 Monro Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 30.42 and Monro Inc (MNRO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Monro Inc (MNRO) stock. Volume based technical analysis of Monro Inc (MNRO) stock is negative.

Monro Inc Stock has given negative 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.