(MorepenLab) Morepen Lab complete technical analysis [charts+indicators] | Buy/Sell Morepen Lab | (MorepenLab) share price targets
Complete technical analysis of Morepen Lab (MorepenLab) by charts plus indicators, forecast predictions and share price targets for Morepen Lab (MorepenLab)
Showing technical analysis as on 2024-10-22 View latest technical analysis
10 day averaged volume of Morepen Lab is 1221162
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 77.55 | 82.00 | 82.00 | 77.00 | 1.269 times |
| 21 Mon Oct 2024 | 82.10 | 85.61 | 86.85 | 80.76 | 0.635 times |
| 18 Fri Oct 2024 | 85.51 | 85.90 | 86.47 | 83.50 | 1.26 times |
| 17 Thu Oct 2024 | 86.25 | 90.81 | 94.48 | 85.80 | 1.897 times |
| 16 Wed Oct 2024 | 90.79 | 89.71 | 92.67 | 89.08 | 0.78 times |
| 15 Tue Oct 2024 | 89.24 | 88.61 | 91.60 | 88.60 | 0.904 times |
| 14 Mon Oct 2024 | 88.55 | 88.44 | 89.75 | 87.31 | 0.512 times |
| 11 Fri Oct 2024 | 87.56 | 89.24 | 92.74 | 87.25 | 1.569 times |
| 10 Thu Oct 2024 | 88.99 | 87.58 | 90.70 | 86.51 | 0.718 times |
| 09 Wed Oct 2024 | 86.92 | 84.84 | 89.50 | 84.08 | 1.055 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 78.7, for a target of 82.7 or 86.06
Share price targets for Morepen Lab (MorepenLab)
| Target Type | Value |
| Downside Target | 42.01 |
| Downside Target | 51.96 |
| Downside Target | 55.50 |
| Downside Target | 59.81 |
| Downside Target | 62.09 |
| Downside Target | 77.00 |
| Upside Target | 79.30 |
| Upside Target | 83.50 |
| Upside Target | 88.44 |
| Upside Target | 91.60 |
| Upside Target | 92.74 |
| Upside Target | 94.48 |
| Upside Target | 100.80 |
Intraday share price targets for Morepen Lab (MorepenLab)
| Target Type | Value |
| Downside Intraday Target | 74.08 |
| Downside Intraday Target | 70.62 |
| Upside Intraday Target | 83.93 |
| Upside Intraday Target | 90.32 |
| Upside Intraday Target | 80.47 |
Weekly technical analysis of Morepen Lab (MorepenLab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 77.55 | 85.61 | 86.85 | 77.00 | 0.356 times |
| 18 Fri Oct 2024 | 85.51 | 88.44 | 94.48 | 83.50 | 0.916 times |
| 11 Fri Oct 2024 | 87.56 | 84.56 | 92.74 | 77.42 | 2.393 times |
| 03 Thu Oct 2024 | 84.80 | 85.30 | 88.44 | 83.85 | 0.736 times |
| 27 Fri Sep 2024 | 86.63 | 86.71 | 91.60 | 84.90 | 0.851 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 Lab (MorepenLab)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 22 Tue Oct 2024 | 77.55 | 85.51 | 94.48 | 77.00 | 0.567 times |
| 30 Mon Sep 2024 | 85.54 | 80.10 | 100.80 | 79.30 | 0.556 times |
| 30 Fri Aug 2024 | 79.70 | 60.00 | 86.00 | 55.50 | 3.822 times |
| 31 Wed Jul 2024 | 59.78 | 55.69 | 62.09 | 51.96 | 0.977 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 Lab (MorepenLab)
Price action analysis of Morepen Lab ( (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 Lab ( (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 Lab ( (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 Lab ( (MorepenLab) ) based on a mid to longer 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.
ADX buy sell signal for Morepen Lab stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Morepen Lab in short term but the sell signal is initial and weak.
Morepen Lab 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Morepen Lab in short term and SELL 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
Stock of Morepen Lab is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 86.02 and Morepen Lab (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 Lab (MorepenLab) stock. Volume based technical analysis of Morepen Lab (MorepenLab) stock is negative.
Morepen Lab 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.
Price action analysis of Morepen Lab ( (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 Lab ( (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 Lab ( (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 Lab ( (MorepenLab) ) based on a mid to longer 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.
ADX buy sell signal for Morepen Lab stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Morepen Lab in short term but the sell signal is initial and weak.
Morepen Lab 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 green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Morepen Lab in short term and SELL 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
Stock of Morepen Lab is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 86.02 and Morepen Lab (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 Lab (MorepenLab) stock. Volume based technical analysis of Morepen Lab (MorepenLab) stock is negative.
Morepen Lab 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.
Click here for Morepen Lab charts
Click here for further forecast and predictions for tomorrow