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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 1267044

Date Daily Closing Price Open High Low Volume
16 Wed Jun 2021 65.95 69.15 69.50 65.15 0.588 times
15 Tue Jun 2021 68.75 69.30 72.40 67.70 0.998 times
14 Mon Jun 2021 68.55 64.30 69.95 62.00 2.625 times
11 Fri Jun 2021 64.20 66.00 66.80 63.25 0.6 times
10 Thu Jun 2021 63.85 61.85 65.65 61.50 0.982 times
09 Wed Jun 2021 61.25 64.05 64.75 59.30 0.374 times
08 Tue Jun 2021 63.75 64.80 65.95 62.35 0.607 times
07 Mon Jun 2021 64.50 60.80 66.50 58.55 1.487 times
04 Fri Jun 2021 58.55 59.70 60.75 57.40 0.891 times
03 Thu Jun 2021 59.10 57.30 59.10 57.30 0.768 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 64.7, but if it comes below 64.7, then a intra day sell could be more profitable.
If you take a sell trade below 64.7, then use 64.7 as stoploss and 60.38 as target. However if you take a buy trade in stock , then use 64.7 as stoploss and 69.9 as target.

Share price targets for Morepen Lab (MorepenLab)

Target Type Value
Downside Target 27.30
Downside Target 28.90
Downside Target 31.65
Downside Target 38.75
Downside Target 52.55
Downside Target 54.70
Downside Target 58.55
Downside Target 59.90
Downside Target 62.00
Downside Target 65.95
Upside Target 66.80
Upside Target 72.05
Upside Target 72.40

Intraday share price targets for Morepen Lab (MorepenLab)

Target Type Value
Downside Intraday Target 61.17
Downside Intraday Target 56.38
Upside Intraday Target 71.57
Upside Intraday Target 77.18
Upside Intraday Target 66.78

Weekly technical analysis of Morepen Lab (MorepenLab)

Date Weekly Closing Price Open High Low Volume
16 Wed Jun 2021 65.95 64.30 72.40 62.00 1.04 times
11 Fri Jun 2021 64.20 60.80 66.80 58.55 1.463 times
04 Fri Jun 2021 58.55 56.20 60.75 52.55 2.403 times
28 Fri May 2021 55.90 59.90 59.90 55.05 0.579 times
21 Fri May 2021 58.85 58.95 60.60 54.70 0.389 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
16 Wed Jun 2021 65.95 55.20 72.40 52.55 0.85 times
31 Mon May 2021 55.20 66.00 72.05 54.70 0.401 times
30 Fri Apr 2021 65.40 32.70 65.95 31.90 2.342 times
31 Wed Mar 2021 32.15 29.10 38.75 28.90 3.264 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 30, 16, 29 Buy
MACD 7, 6Buy
Stochastics 77Buy
CCI 78Sell
RSI 62Buy
OBV 6649366Sell
VWAP 65Buy
ADL 0Sell
ROC 17Buy
Force Index 0Sell

Price action analysis of Morepen Lab ( (MorepenLab) ) based on a short 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 short 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Morepen Lab stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Morepen Lab in short term and the buy signal is strong.

Morepen Lab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 64.88 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 rising upwards.

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 is giving positive 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.

Click here for Morepen Lab charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
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