(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 2024-03-14 View latest technical analysis
10 day averaged volume of Morepen Lab is 598966
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 42.63 | 38.63 | 43.12 | 38.63 | 1.728 times |
| 13 Wed Mar 2024 | 39.42 | 42.99 | 43.54 | 38.56 | 2.255 times |
| 12 Tue Mar 2024 | 42.90 | 44.10 | 44.85 | 42.31 | 1.731 times |
| 11 Mon Mar 2024 | 44.35 | 47.03 | 47.03 | 44.08 | 1.521 times |
| 07 Thu Mar 2024 | 46.61 | 45.72 | 47.48 | 45.72 | 0.824 times |
| 06 Wed Mar 2024 | 46.52 | 48.41 | 48.64 | 45.97 | 0.795 times |
| 05 Tue Mar 2024 | 48.49 | 49.91 | 49.91 | 48.30 | 0.651 times |
| 04 Mon Mar 2024 | 49.23 | 50.99 | 51.00 | 49.10 | 0.548 times |
| 02 Sat Mar 2024 | 50.77 | 49.26 | 51.55 | 49.26 | 0.136 times |
| 01 Fri Mar 2024 | 49.24 | 49.69 | 50.25 | 49.01 | 0.607 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 45, but if it comes above 45, then a intra day buy could be more profitable.
If you take a sell trade below 45, then use 45 as stoploss and 40.1 as target. However if you take a buy trade in stock , then use 45 as stoploss and 49.14 as target.
Share price targets for Morepen Lab (MorepenLab)
| Target Type | Value |
| Downside Target | 33.25 |
| Downside Target | 38.56 |
| Downside Target | 42.01 |
| Upside Target | 43.42 |
| Upside Target | 45.72 |
| Upside Target | 47.03 |
| Upside Target | 51.00 |
| Upside Target | 52.94 |
| Upside Target | 53.58 |
| Upside Target | 53.78 |
| Upside Target | 53.88 |
| Upside Target | 56.35 |
Intraday share price targets for Morepen Lab (MorepenLab)
| Target Type | Value |
| Downside Intraday Target | 38.45 |
| Downside Intraday Target | 34.27 |
| Upside Intraday Target | 46.92 |
| Upside Intraday Target | 51.21 |
| Upside Intraday Target | 42.74 |
Weekly technical analysis of Morepen Lab (MorepenLab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Thu Mar 2024 | 42.63 | 47.03 | 47.03 | 38.56 | 2.567 times |
| 07 Thu Mar 2024 | 46.61 | 50.99 | 51.00 | 45.72 | 0.488 times |
| 02 Sat Mar 2024 | 50.77 | 53.78 | 53.78 | 48.00 | 1.025 times |
| 23 Fri Feb 2024 | 53.40 | 53.47 | 56.35 | 52.00 | 0.89 times |
| 16 Fri Feb 2024 | 52.77 | 52.03 | 53.88 | 47.17 | 0.839 times |
Price has moved down 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 |
| 14 Thu Mar 2024 | 42.63 | 49.69 | 51.55 | 38.56 | 0.316 times |
| 29 Thu Feb 2024 | 49.55 | 53.82 | 56.35 | 47.17 | 1.073 times |
| 31 Wed Jan 2024 | 52.81 | 49.51 | 53.58 | 43.42 | 0.95 times |
| 29 Fri Dec 2023 | 48.53 | 46.01 | 52.94 | 42.01 | 0.847 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 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 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 moving up
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
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 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.
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 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 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 moving up
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
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 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.
Click here for Morepen Lab charts
Click here for further forecast and predictions for tomorrow