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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 2025-03-07 View latest technical analysis

10 day averaged volume of Morepen Laboratories is 3338596

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	49.68	49.48	51.20	49.11	1.354 times
06 Thu Mar 2025	49.54	49.00	50.21	48.51	1.011 times
05 Wed Mar 2025	48.36	46.47	48.78	46.10	1.074 times
04 Tue Mar 2025	46.09	44.59	47.08	44.11	1.107 times
03 Mon Mar 2025	44.85	46.51	47.35	43.58	1.391 times
28 Fri Feb 2025	46.35	47.81	48.05	45.33	1.323 times
27 Thu Feb 2025	48.06	50.30	50.71	47.95	0.961 times
25 Tue Feb 2025	50.22	50.95	51.76	49.90	0.609 times
24 Mon Feb 2025	51.05	51.23	52.26	50.06	0.753 times
21 Fri Feb 2025	51.76	52.37	54.43	51.50	1.037 times

My analysis of stock is bearish for shortterm, and stock might move down till 47.4 or till 42.6. Use a stoploss of 51.51 and if the stock hits stoploss, then it can shoot up till 55.57

Share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Target	43.58
Downside Target	45.33
Downside Target	48.87
Upside Target	50.26
Upside Target	52.26
Upside Target	54.43
Upside Target	57.21
Upside Target	61.00
Upside Target	67.65
Upside Target	73.00
Upside Target	75.26
Upside Target	80.65
Upside Target	87.38
Upside Target	91.70

Intraday share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Intraday Target	45.11
Downside Intraday Target	40.53
Upside Intraday Target	52.73
Upside Intraday Target	55.77
Downside Intraday Target	48.15

Weekly technical analysis of Morepen Laboratories (MOREPENLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	49.68	46.51	51.20	43.58	1.628 times
28 Fri Feb 2025	46.35	51.23	52.26	45.33	0.717 times
21 Fri Feb 2025	51.76	51.70	54.43	48.87	0.718 times
14 Fri Feb 2025	51.81	61.75	61.75	50.26	1.439 times
07 Fri Feb 2025	61.23	63.50	67.65	61.00	0.91 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Morepen Laboratories (MOREPENLAB)

Date	Monthly Closing Price	Open	High	Low	Volume
07 Fri Mar 2025	49.68	46.51	51.20	43.58	0.286 times
28 Fri Feb 2025	46.35	63.50	67.65	45.33	0.733 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

Scroll below to view daily charts

Price has moved up 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Morepen Laboratories in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 48.3 and Morepen Laboratories (MOREPENLAB) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.