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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)

10 day averaged volume of Morepen Lab is 340940

Date Daily Closing Price Open High Low Volume
28 Tue Sep 2021 56.05 56.75 56.75 55.55 0.313 times
27 Mon Sep 2021 56.25 57.40 57.40 56.00 0.385 times
24 Fri Sep 2021 56.85 58.00 58.75 56.60 0.53 times
23 Thu Sep 2021 57.85 58.00 59.50 57.75 0.76 times
22 Wed Sep 2021 57.90 58.05 59.60 57.70 0.885 times
21 Tue Sep 2021 58.60 57.55 59.25 56.40 1.017 times
20 Mon Sep 2021 58.40 59.70 62.25 57.70 0.994 times
17 Fri Sep 2021 60.15 57.75 60.95 57.25 0.877 times
16 Thu Sep 2021 57.80 59.45 59.70 57.60 1 times
15 Wed Sep 2021 59.25 60.65 61.75 58.95 1.343 times

My analysis of stock is bearish for shortterm, and stock might move down till 54.1 or till 51.2. Use a stoploss of 56.58 and if the stock hits stoploss, then it can shoot up till 59.03

Share price targets for Morepen Lab (MorepenLab)

Target Type Value
Downside Target 46.90
Downside Target 51.15
Downside Target 52.55
Downside Target 54.70
Upside Target 61.80
Upside Target 62.25
Upside Target 63.00
Upside Target 66.20
Upside Target 72.05
Upside Target 72.40
Upside Target 75.00

Intraday share price targets for Morepen Lab (MorepenLab)

Target Type Value
Downside Intraday Target 55.27
Downside Intraday Target 54.48
Upside Intraday Target 57.12
Upside Intraday Target 58.18
Upside Intraday Target 56.33

Weekly technical analysis of Morepen Lab (MorepenLab)

Date Weekly Closing Price Open High Low Volume
28 Tue Sep 2021 56.05 57.40 57.40 55.55 0.167 times
24 Fri Sep 2021 56.85 59.70 62.25 56.40 0.598 times
17 Fri Sep 2021 60.15 55.70 61.80 55.70 2.287 times
09 Thu Sep 2021 55.70 55.05 56.85 53.00 0.635 times
03 Fri Sep 2021 55.10 52.65 56.95 51.15 0.975 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
28 Tue Sep 2021 56.05 52.40 62.25 51.15 0.822 times
31 Tue Aug 2021 52.60 65.50 66.20 46.90 0.633 times
30 Fri Jul 2021 65.35 63.40 75.00 63.00 0.674 times
30 Wed Jun 2021 62.75 55.20 72.40 52.55 1.119 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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 20, 0 Sell
MACD -0, -0Sell
Stochastics 10Sell
CCI -148Sell
RSI 61Buy
OBV -55399Sell
VWAP 58Sell
ADL 0Sell
ROC -8Sell
Force Index 0Sell

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 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 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 Weak and stock is losing 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 getting stronger in this stock.

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 SELL signal for Morepen Lab in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 58.28 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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Daily charts

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Daily chart

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