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(MOREPENLAB) Morepen Laboratories complete technical analysis [charts+indicators] | Buy/Sell Morepen Laboratories | (MOREPENLAB) share price targets

Complete technical analysis of Morepen Laboratories (MOREPENLAB) by charts plus indicators, forecast predictions and share price targets for Morepen Laboratories (MOREPENLAB)

Morepen Laboratories trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2025-01-15 View latest technical analysis

10 day averaged volume of Morepen Laboratories is 4902450

Date	Daily Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	66.80	69.00	69.00	66.50	0.902 times
14 Tue Jan 2025	67.93	65.74	68.34	64.92	0.978 times
13 Mon Jan 2025	64.92	67.50	68.74	64.02	1.25 times
10 Fri Jan 2025	68.23	71.00	71.39	67.74	1.233 times
09 Thu Jan 2025	70.89	74.29	74.40	70.42	0.885 times
08 Wed Jan 2025	74.30	75.54	75.83	73.91	0.682 times
07 Tue Jan 2025	75.48	73.70	75.81	73.70	0.889 times
06 Mon Jan 2025	73.47	78.20	78.45	73.00	2.347 times
03 Fri Jan 2025	78.97	79.41	80.65	78.65	0.642 times
02 Thu Jan 2025	78.90	79.49	79.49	78.04	0.498 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 70.4, but if it comes above 70.4, then a intra day buy could be more profitable.
If you take a sell trade below 70.4, then use 70.4 as stoploss and 64.1 as target. However if you take a buy trade in stock , then use 70.4 as stoploss and 75.59 as target.

Share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Target	64.02
Upside Target	67.74
Upside Target	72.80
Upside Target	75.26
Upside Target	78.45
Upside Target	80.65
Upside Target	81.64
Upside Target	87.38
Upside Target	88.60
Upside Target	91.70
Upside Target	94.45
Upside Target	100.90

Intraday share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Intraday Target	64.21
Downside Intraday Target	61.63
Upside Intraday Target	69.19
Upside Intraday Target	71.59
Downside Intraday Target	66.61

Weekly technical analysis of Morepen Laboratories (MOREPENLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	66.80	67.50	69.00	64.02	0.519 times
10 Fri Jan 2025	68.23	78.20	78.45	67.74	1.795 times
03 Fri Jan 2025	78.97	77.00	80.65	75.26	1.386 times
27 Fri Dec 2024	76.86	81.19	81.64	76.70	0.461 times
20 Fri Dec 2024	79.89	87.40	88.60	79.06	0.529 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 Morepen Laboratories (MOREPENLAB)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Wed Jan 2025	66.80	78.30	80.65	64.02	0.347 times
31 Tue Dec 2024	78.16	79.00	91.70	75.26	1.142 times
29 Fri Nov 2024	78.96	80.25	87.38	73.00	0.516 times
31 Thu Oct 2024	79.88	85.74	94.45	72.80	0.605 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 Morepen Laboratories (MOREPENLAB)

Price action analysis of Morepen Laboratories ( (MOREPENLAB) ) 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 Morepen Laboratories ( (MOREPENLAB) ) 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 Morepen Laboratories ( (MOREPENLAB) ) 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 Morepen Laboratories stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Morepen Laboratories in short term and the sell signal is strong.

Morepen Laboratories 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 coming down

CCI has generated a buy signal for Morepen Laboratories in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Morepen Laboratories is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 71.31 and Morepen Laboratories (MOREPENLAB) 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 Morepen Laboratories (MOREPENLAB) stock. Volume based technical analysis of Morepen Laboratories (MOREPENLAB) stock is negative.

Morepen Laboratories Stock has given negative 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.