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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 2025-05-16 View latest technical analysis

10 day averaged volume of Morepen Lab is 600218

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	60.54	61.06	61.47	60.30	0.852 times
15 Thu May 2025	60.97	60.55	62.34	60.46	1.8 times
14 Wed May 2025	60.09	61.04	61.29	59.80	0.996 times
13 Tue May 2025	60.17	59.21	61.50	57.83	1.659 times
12 Mon May 2025	60.38	59.39	60.65	59.28	0.589 times
09 Fri May 2025	56.23	56.32	57.33	54.90	0.671 times
08 Thu May 2025	57.39	59.49	60.60	56.60	1.048 times
07 Wed May 2025	58.79	55.17	59.39	55.17	0.765 times
06 Tue May 2025	57.55	60.98	60.98	57.10	0.412 times
05 Mon May 2025	61.03	59.53	61.57	59.50	0.668 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 61.7 as stoploss in an intra day sell trade for a target of 58.56. However, stock will show a bullish move above 61.7.

Share price targets for Morepen Lab (MorepenLab)

Target Type	Value
Downside Target	42.55
Downside Target	45.37
Downside Target	47.39
Downside Target	50.70
Downside Target	52.42
Downside Target	54.90
Downside Target	57.22
Upside Target	61.57
Upside Target	62.34
Upside Target	64.20
Upside Target	64.90
Upside Target	67.60
Upside Target	80.71

Intraday share price targets for Morepen Lab (MorepenLab)

Target Type	Value
Downside Intraday Target	58.13
Downside Intraday Target	55.73
Upside Intraday Target	62.64
Upside Intraday Target	64.75
Downside Intraday Target	60.24

Weekly technical analysis of Morepen Lab (MorepenLab)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	60.54	59.39	62.34	57.83	1.655 times
09 Fri May 2025	56.23	59.53	61.57	54.90	0.459 times
02 Fri May 2025	59.25	58.43	64.90	57.68	1.156 times
25 Fri Apr 2025	58.82	52.70	64.20	52.42	4.255 times
17 Thu Apr 2025	52.29	51.00	53.25	50.70	1.043 times

Price has moved up 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
16 Fri May 2025	60.54	60.90	62.34	54.90	0.605 times
30 Wed Apr 2025	60.32	47.90	64.90	47.39	0.911 times
28 Fri Mar 2025	47.85	46.45	52.65	42.55	1.415 times
28 Fri Feb 2025	46.41	63.85	67.60	45.37	0.779 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)

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 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 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 Weak and stock is losing momentum.

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

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

Morepen Lab Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 and the buying is gaining 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 59.61 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.