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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 2025-04-21 View latest technical analysis

10 day averaged volume of Morepen Laboratories is 5237326

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	53.91	52.69	54.36	52.37	0.907 times
17 Thu Apr 2025	52.36	52.30	53.11	51.98	0.574 times
16 Wed Apr 2025	52.27	52.38	53.25	51.80	0.639 times
15 Tue Apr 2025	52.39	51.00	52.50	50.52	0.786 times
11 Fri Apr 2025	50.20	50.70	50.70	49.45	0.804 times
09 Wed Apr 2025	48.31	48.94	48.94	47.38	0.479 times
08 Tue Apr 2025	49.23	49.99	50.10	48.53	0.558 times
07 Mon Apr 2025	47.77	42.20	49.00	42.00	1.152 times
04 Fri Apr 2025	49.25	52.97	53.30	48.60	1.543 times
03 Thu Apr 2025	52.74	50.82	53.20	50.22	2.686 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 54.1, for a target of 51.9 or 50.04

Share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Target	42.00
Downside Target	45.33
Downside Target	46.62
Downside Target	47.85
Downside Target	50.52
Downside Target	52.37
Upside Target	54.36
Upside Target	57.21
Upside Target	67.65
Upside Target	75.26
Upside Target	80.65
Upside Target	91.70

Intraday share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Intraday Target	52.73
Downside Intraday Target	51.56
Upside Intraday Target	54.72
Upside Intraday Target	55.54
Downside Intraday Target	53.55

Weekly technical analysis of Morepen Laboratories (MOREPENLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Apr 2025	53.91	52.69	54.36	52.37	0.454 times
17 Thu Apr 2025	52.36	51.00	53.25	50.52	0.668 times
11 Fri Apr 2025	50.20	42.20	50.70	42.00	0.517 times
04 Fri Apr 2025	49.25	47.90	53.30	47.85	0.956 times
28 Fri Mar 2025	47.84	51.01	52.70	46.62	0.52 times

Price has moved up 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
21 Mon Apr 2025	53.91	47.90	54.36	42.00	0.475 times
28 Fri Mar 2025	47.84	46.51	52.70	42.60	1.862 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

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 to mid 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 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 BUY. Signal strength is Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term but buying is losing 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 51.07 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 rising upwards.

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 is giving positive 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.