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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 2025-02-20 View latest technical analysis

10 day averaged volume of Morepen Laboratories is 4364278

Date	Daily Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	52.41	52.00	52.92	51.15	0.562 times
19 Wed Feb 2025	52.01	49.70	52.30	48.87	0.762 times
18 Tue Feb 2025	49.94	51.41	52.09	49.27	0.777 times
17 Mon Feb 2025	51.44	51.70	53.04	50.03	0.995 times
14 Fri Feb 2025	51.81	55.25	55.55	50.81	1.102 times
13 Thu Feb 2025	55.08	55.91	57.25	54.84	0.608 times
12 Wed Feb 2025	55.91	56.26	56.80	53.11	1.036 times
11 Tue Feb 2025	55.87	58.58	58.92	55.31	0.736 times
10 Mon Feb 2025	58.53	61.75	61.75	50.26	1.935 times
07 Fri Feb 2025	61.23	62.31	62.58	61.00	0.594 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.6, but if it comes above 53.6, then a intra day buy could be more profitable.
If you take a sell trade below 53.6, then use 53.6 as stoploss and 47.5 as target. However if you take a buy trade in stock , then use 53.6 as stoploss and 58.74 as target.

Share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Target	48.87
Downside Target	50.26
Upside Target	53.04
Upside Target	57.21
Upside Target	61.00
Upside Target	63.24
Upside Target	65.45
Upside Target	67.65
Upside Target	71.32
Upside Target	72.80
Upside Target	75.26
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	49.84
Downside Intraday Target	47.27
Upside Intraday Target	54.01
Upside Intraday Target	55.61
Downside Intraday Target	51.44

Weekly technical analysis of Morepen Laboratories (MOREPENLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
20 Thu Feb 2025	52.41	51.70	53.04	48.87	0.571 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
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

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
20 Thu Feb 2025	52.41	63.50	67.65	48.87	0.567 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 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 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.

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 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 moving up

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 and selling is picking up 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 54.72 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.