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(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 2025-01-22 View latest technical analysis

10 day averaged volume of Morepen Lab is 402377

Date	Daily Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	66.15	67.86	68.07	64.75	0.95 times
21 Tue Jan 2025	67.47	71.21	71.33	67.10	1.179 times
20 Mon Jan 2025	70.96	67.98	71.30	67.55	1.409 times
17 Fri Jan 2025	67.45	68.25	68.38	67.08	0.679 times
16 Thu Jan 2025	68.15	67.40	68.64	67.33	0.346 times
15 Wed Jan 2025	66.78	69.00	69.28	66.33	0.561 times
14 Tue Jan 2025	67.92	65.01	68.35	65.00	0.561 times
13 Mon Jan 2025	64.90	67.92	68.73	64.07	0.848 times
10 Fri Jan 2025	68.22	71.00	71.18	67.79	1.083 times
09 Thu Jan 2025	70.88	74.07	74.47	70.54	2.055 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 67.5, but if it comes above 67.5, then a intra day buy could be more profitable.
If you take a sell trade below 67.5, then use 67.5 as stoploss and 61.7 as target. However if you take a buy trade in stock , then use 67.5 as stoploss and 72.37 as target.

Share price targets for Morepen Lab (MorepenLab)

Target Type	Value
Downside Target	64.07
Upside Target	67.79
Upside Target	69.28
Upside Target	71.33
Upside Target	75.13
Upside Target	78.50
Upside Target	80.71
Upside Target	81.55
Upside Target	87.32
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	63.49
Downside Intraday Target	60.83
Upside Intraday Target	70.07
Upside Intraday Target	73.99
Upside Intraday Target	67.41

Weekly technical analysis of Morepen Lab (MorepenLab)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Wed Jan 2025	66.15	67.98	71.33	64.75	1.181 times
17 Fri Jan 2025	67.45	67.92	69.28	64.07	0.33 times
10 Fri Jan 2025	68.22	77.61	78.50	67.79	1.818 times
03 Fri Jan 2025	78.99	77.00	80.71	75.13	1.476 times
27 Fri Dec 2024	76.83	81.01	81.55	76.55	0.473 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 Wed Jan 2025	66.15	78.83	80.71	64.07	0.593 times
31 Tue Dec 2024	78.30	79.54	91.57	75.13	1.011 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

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 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 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 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 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 and the sell signal is strong.

Morepen Lab Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 Lab in short term and SELL signal is strong!

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 68.44 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.