(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 2024-10-29 View latest technical analysis
10 day averaged volume of Morepen Lab is 1246063
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 77.40 | 79.09 | 79.09 | 75.60 | 0.311 times |
| 28 Mon Oct 2024 | 77.68 | 75.11 | 78.30 | 73.70 | 0.521 times |
| 25 Fri Oct 2024 | 74.56 | 76.93 | 76.93 | 72.73 | 0.603 times |
| 24 Thu Oct 2024 | 76.16 | 80.37 | 81.20 | 75.65 | 0.822 times |
| 23 Wed Oct 2024 | 80.25 | 76.51 | 81.30 | 76.51 | 1.443 times |
| 22 Tue Oct 2024 | 77.55 | 82.00 | 82.00 | 77.00 | 1.244 times |
| 21 Mon Oct 2024 | 82.10 | 85.61 | 86.85 | 80.76 | 0.622 times |
| 18 Fri Oct 2024 | 85.51 | 85.90 | 86.47 | 83.50 | 1.235 times |
| 17 Thu Oct 2024 | 86.25 | 90.81 | 94.48 | 85.80 | 1.859 times |
| 16 Wed Oct 2024 | 90.79 | 89.71 | 92.67 | 89.08 | 0.765 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 78.6, but if it comes above 78.6, then a intra day buy could be more profitable.
If you take a sell trade below 78.6, then use 78.6 as stoploss and 72.7 as target. However if you take a buy trade in stock , then use 78.6 as stoploss and 83.49 as target.
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 | 72.73 |
| Upside Target | 77.42 |
| Upside Target | 79.09 |
| Upside Target | 83.50 |
| Upside Target | 86.00 |
| Upside Target | 88.44 |
| 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 | 74.37 |
| Downside Intraday Target | 71.34 |
| Upside Intraday Target | 79.76 |
| Upside Intraday Target | 82.12 |
| Downside Intraday Target | 76.73 |
Weekly technical analysis of Morepen Lab (MorepenLab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 77.40 | 75.11 | 79.09 | 73.70 | 0.176 times |
| 25 Fri Oct 2024 | 74.56 | 85.61 | 86.85 | 72.73 | 0.902 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 |
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 Lab (MorepenLab)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 77.40 | 85.51 | 94.48 | 72.73 | 0.707 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 losing momentum.
MACD generated a SELL signal for Morepen Lab in short term and the sell signal is strong.
Morepen Lab 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 coming down
CCI has generated a buy signal for Morepen Lab in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 Lab is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 81.79 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 losing momentum.
MACD generated a SELL signal for Morepen Lab in short term and the sell signal is strong.
Morepen Lab 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 coming down
CCI has generated a buy signal for Morepen Lab in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling 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 Lab is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 81.79 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.
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