(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 2024-11-07 View latest technical analysis
10 day averaged volume of Morepen Lab is 653155
Date | Daily Closing Price | Open | High | Low | Volume |
07 Thu Nov 2024 | 84.56 | 86.44 | 87.25 | 84.20 | 1.44 times |
06 Wed Nov 2024 | 85.94 | 82.96 | 86.39 | 82.39 | 1.538 times |
05 Tue Nov 2024 | 82.35 | 79.80 | 82.80 | 79.52 | 1.453 times |
04 Mon Nov 2024 | 80.44 | 81.31 | 81.36 | 77.73 | 0.913 times |
01 Fri Nov 2024 | 80.77 | 80.74 | 81.50 | 80.15 | 0.573 times |
31 Thu Oct 2024 | 79.90 | 79.09 | 80.22 | 78.12 | 0.632 times |
30 Wed Oct 2024 | 78.94 | 77.89 | 79.50 | 77.00 | 0.585 times |
29 Tue Oct 2024 | 77.40 | 79.09 | 79.09 | 75.60 | 0.593 times |
28 Mon Oct 2024 | 77.68 | 75.11 | 78.30 | 73.70 | 0.994 times |
25 Fri Oct 2024 | 74.56 | 76.93 | 76.93 | 72.73 | 1.15 times |
My analysis of stock is bullish for shortterm, and stock might move up till 86.9 or till 92.5. Use a stoploss of 82.33 and if this stock hits its stoploss, then it can fall down till 77.73
Share price targets for Morepen Lab (MorepenLab)
Target Type | Value |
Downside Target | 51.96 |
Downside Target | 55.50 |
Downside Target | 62.09 |
Downside Target | 72.73 |
Downside Target | 77.42 |
Downside Target | 79.30 |
Downside Target | 81.50 |
Downside Target | 83.50 |
Upside Target | 86.00 |
Upside Target | 87.25 |
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 | 79.11 |
Downside Intraday Target | 73.66 |
Upside Intraday Target | 88.63 |
Upside Intraday Target | 92.7 |
Downside Intraday Target | 83.18 |
Weekly technical analysis of Morepen Lab (MorepenLab)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Thu Nov 2024 | 84.56 | 81.31 | 87.25 | 77.73 | 1.582 times |
01 Fri Nov 2024 | 80.77 | 75.11 | 81.50 | 73.70 | 0.374 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 |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Morepen Lab (MorepenLab)
Date | Monthly Closing Price | Open | High | Low | Volume |
07 Thu Nov 2024 | 84.56 | 80.74 | 87.25 | 77.73 | 0.16 times |
31 Thu Oct 2024 | 79.90 | 85.51 | 94.48 | 72.73 | 0.731 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 |
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 Lab (MorepenLab)
Price action analysis of Morepen Lab ( (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 Lab ( (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 Lab ( (MorepenLab) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Morepen Lab in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Morepen Lab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Morepen Lab in short term and BUY 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
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 80.93 and Morepen Lab (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 Lab (MorepenLab) stock. Volume based technical analysis of Morepen Lab (MorepenLab) stock is negative.
Morepen Lab Stock is giving positive 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 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 Lab ( (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 Lab ( (MorepenLab) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Morepen Lab in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Morepen Lab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Morepen Lab in short term and BUY 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
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 80.93 and Morepen Lab (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 Lab (MorepenLab) stock. Volume based technical analysis of Morepen Lab (MorepenLab) stock is negative.
Morepen Lab Stock is giving positive 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