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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 2025-02-25 View latest technical analysis

10 day averaged volume of Morepen Laboratories is 3467911

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	50.22	50.95	51.76	49.90	0.586 times
24 Mon Feb 2025	51.05	51.23	52.26	50.06	0.725 times
21 Fri Feb 2025	51.76	52.37	54.43	51.50	0.998 times
20 Thu Feb 2025	52.41	52.00	52.92	51.15	0.707 times
19 Wed Feb 2025	52.01	49.70	52.30	48.87	0.959 times
18 Tue Feb 2025	49.94	51.41	52.09	49.27	0.977 times
17 Mon Feb 2025	51.44	51.70	53.04	50.03	1.253 times
14 Fri Feb 2025	51.81	55.25	55.55	50.81	1.387 times
13 Thu Feb 2025	55.08	55.91	57.25	54.84	0.765 times
12 Wed Feb 2025	55.91	56.26	56.80	53.11	1.304 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.6, but if it comes above 51.6, then a intra day buy could be more profitable.
If you take a sell trade below 51.6, then use 51.6 as stoploss and 44.9 as target. However if you take a buy trade in stock , then use 51.6 as stoploss and 57.16 as target.

Share price targets for Morepen Laboratories (MOREPENLAB)

Target Type	Value
Downside Target	48.87
Downside Target	49.90
Upside Target	52.26
Upside Target	54.43
Upside Target	57.21
Upside Target	61.00
Upside Target	65.45
Upside Target	67.65
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	49.33
Downside Intraday Target	48.43
Upside Intraday Target	51.69
Upside Intraday Target	53.15
Upside Intraday Target	50.79

Weekly technical analysis of Morepen Laboratories (MOREPENLAB)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Feb 2025	50.22	51.23	52.26	49.90	0.268 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
31 Fri Jan 2025	65.03	63.45	65.45	57.21	1.053 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
25 Tue Feb 2025	50.22	63.50	67.65	48.87	0.652 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 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 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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 52.29 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.