(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 2024-12-20 View latest technical analysis
10 day averaged volume of Morepen Lab is 646152
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 79.92 | 83.70 | 84.53 | 79.18 | 1.54 times |
| 19 Thu Dec 2024 | 83.28 | 83.76 | 83.97 | 82.47 | 0.622 times |
| 18 Wed Dec 2024 | 84.06 | 85.50 | 87.20 | 83.69 | 1.088 times |
| 17 Tue Dec 2024 | 85.67 | 87.16 | 87.67 | 85.22 | 0.73 times |
| 16 Mon Dec 2024 | 86.57 | 87.83 | 88.58 | 86.10 | 0.473 times |
| 13 Fri Dec 2024 | 87.12 | 89.19 | 89.20 | 84.74 | 1.3 times |
| 12 Thu Dec 2024 | 88.34 | 88.90 | 91.57 | 87.45 | 1.287 times |
| 11 Wed Dec 2024 | 88.37 | 85.88 | 89.39 | 85.88 | 1.983 times |
| 10 Tue Dec 2024 | 85.85 | 87.49 | 87.65 | 84.78 | 0.576 times |
| 09 Mon Dec 2024 | 87.21 | 87.50 | 89.48 | 86.73 | 1.222 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 79 as stoploss in an intra day buy trade for a target of 83.47. However, stock will show a bearish move below 79.
Share price targets for Morepen Lab (MorepenLab)
| Target Type | Value |
| Downside Target | 55.50 |
| Downside Target | 72.73 |
| Downside Target | 77.15 |
| Upside Target | 80.90 |
| Upside Target | 84.74 |
| Upside Target | 87.32 |
| Upside Target | 88.58 |
| Upside Target | 88.60 |
| Upside Target | 91.57 |
| Upside Target | 94.48 |
| Upside Target | 100.80 |
Intraday share price targets for Morepen Lab (MorepenLab)
| Target Type | Value |
| Downside Intraday Target | 76.54 |
| Downside Intraday Target | 73.16 |
| Upside Intraday Target | 85.94 |
| Upside Intraday Target | 91.96 |
| Upside Intraday Target | 82.56 |
Weekly technical analysis of Morepen Lab (MorepenLab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Dec 2024 | 79.92 | 87.83 | 88.58 | 79.18 | 0.699 times |
| 13 Fri Dec 2024 | 87.12 | 87.50 | 91.57 | 84.74 | 0.956 times |
| 06 Fri Dec 2024 | 87.22 | 79.54 | 88.60 | 78.14 | 1.63 times |
| 29 Fri Nov 2024 | 78.94 | 75.17 | 80.90 | 73.69 | 1.243 times |
| 22 Fri Nov 2024 | 74.05 | 76.01 | 77.15 | 72.79 | 0.541 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 |
| 20 Fri Dec 2024 | 79.92 | 79.54 | 91.57 | 78.14 | 0.868 times |
| 29 Fri Nov 2024 | 78.94 | 80.74 | 87.32 | 72.79 | 0.54 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 |
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 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 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 Lab ( (MorepenLab) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 85.76 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 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 Lab ( (MorepenLab) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
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 BUY signal in short term but buying is losing momentum.
MRSI is in positive zone. This is a BUY 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 85.76 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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