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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 2025-01-31 View latest technical analysis

10 day averaged volume of Morepen Lab is 417731

Date	Daily Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	65.02	62.87	65.49	62.21	1.046 times
30 Thu Jan 2025	62.47	63.40	64.47	62.25	0.628 times
29 Wed Jan 2025	63.02	60.19	63.32	60.19	0.975 times
28 Tue Jan 2025	60.11	61.00	61.71	57.22	1.647 times
27 Mon Jan 2025	60.84	63.53	63.53	59.86	1.65 times
24 Fri Jan 2025	63.60	66.58	66.58	63.25	0.669 times
23 Thu Jan 2025	66.11	65.97	67.32	65.18	0.368 times
22 Wed Jan 2025	66.15	67.86	68.07	64.75	0.915 times
21 Tue Jan 2025	67.47	71.21	71.33	67.10	1.136 times
20 Mon Jan 2025	70.96	67.98	71.30	67.55	1.358 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 63 as stoploss in an intra day buy trade for a target of 67.17. However, stock will show a bearish move below 63.

Share price targets for Morepen Lab (MorepenLab)

Target Type	Value
Downside Target	57.22
Downside Target	63.25
Upside Target	65.49
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	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	59.66
Downside Intraday Target	54.31
Upside Intraday Target	67.93
Upside Intraday Target	70.85
Downside Intraday Target	62.58

Weekly technical analysis of Morepen Lab (MorepenLab)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Fri Jan 2025	65.02	63.53	65.49	57.22	1.338 times
24 Fri Jan 2025	63.60	67.98	71.33	63.25	1.541 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

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
31 Fri Jan 2025	65.02	78.83	80.71	57.22	0.814 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 losing momentum.

MACD generated a SELL signal for Morepen Lab in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Morepen Lab in short term but BUY signal is weak.

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 64.33 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 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.