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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 2025-02-03 View latest technical analysis

10 day averaged volume of Morepen Laboratories is 3520212

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	62.02	63.50	63.97	61.70	0.64 times
31 Fri Jan 2025	65.03	62.76	65.45	62.21	0.834 times
30 Thu Jan 2025	62.44	63.35	64.45	62.20	0.746 times
29 Wed Jan 2025	63.01	60.65	63.35	60.65	0.853 times
28 Tue Jan 2025	60.08	61.19	61.74	57.21	1.517 times
27 Mon Jan 2025	60.84	63.45	63.45	59.88	1.179 times
24 Fri Jan 2025	63.59	66.50	66.50	63.24	0.676 times
23 Thu Jan 2025	66.07	65.75	67.34	65.24	0.595 times
22 Wed Jan 2025	66.19	67.80	68.15	64.72	0.835 times
21 Tue Jan 2025	67.37	70.93	71.32	67.03	1.226 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 62.6, but if it comes above 62.6, then a intra day buy could be more profitable.
If you take a sell trade below 62.6, then use 62.6 as stoploss and 57.7 as target. However if you take a buy trade in stock , then use 62.6 as stoploss and 66.59 as target.

Share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Target	57.21
Downside Target	61.70
Upside Target	63.24
Upside Target	65.45
Upside Target	67.74
Upside Target	71.32
Upside Target	72.80
Upside Target	75.26
Upside Target	78.45
Upside Target	80.65
Upside Target	87.38
Upside Target	91.70
Upside Target	94.45

Intraday share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Intraday Target	61.16
Downside Intraday Target	60.29
Upside Intraday Target	63.43
Upside Intraday Target	64.83
Upside Intraday Target	62.56

Weekly technical analysis of Morepen Laboratories (MOREPENLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	62.02	63.50	63.97	61.70	0.125 times
31 Fri Jan 2025	65.03	63.45	65.45	57.21	1.053 times
24 Fri Jan 2025	63.59	67.70	71.32	63.24	0.81 times
17 Fri Jan 2025	67.44	67.50	69.00	64.02	0.716 times
10 Fri Jan 2025	68.23	78.20	78.45	67.74	1.795 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
03 Mon Feb 2025	62.02	63.50	63.97	61.70	0.024 times
31 Fri Jan 2025	65.03	78.30	80.65	57.21	0.613 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

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 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 Morepen Laboratories ( (MOREPENLAB) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining momentum.

MACD generated a BUY signal for Morepen Laboratories in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Morepen Laboratories 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. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Morepen Laboratories 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 positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.43 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.