(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 430994
| Date | Daily Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 46.55 | 47.83 | 47.86 | 46.13 | 0.536 times |
| 06 Mon May 2024 | 47.95 | 49.51 | 49.89 | 47.77 | 1.077 times |
| 03 Fri May 2024 | 49.71 | 50.36 | 50.66 | 49.34 | 0.537 times |
| 02 Thu May 2024 | 50.24 | 50.00 | 50.80 | 49.09 | 0.743 times |
| 30 Tue Apr 2024 | 50.03 | 50.65 | 51.10 | 49.71 | 0.876 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 46.4 as stoploss in an intra day buy trade for a target of 48.59. However, stock will show a bearish move below 46.4.
Share price targets for Morepen Lab (MorepenLab)
| Target Type | Value |
| Downside Target | 38.56 |
| Downside Target | 42.61 |
| Downside Target | 45.85 |
| Upside Target | 47.17 |
| Upside Target | 48.45 |
| Upside Target | 50.80 |
| Upside Target | 51.55 |
| Upside Target | 52.31 |
| Upside Target | 53.16 |
| Upside Target | 53.58 |
| Upside Target | 56.35 |
Intraday share price targets for Morepen Lab (MorepenLab)
| Target Type | Value |
| Downside Intraday Target | 45.16 |
| Downside Intraday Target | 43.76 |
| Upside Intraday Target | 48.92 |
| Upside Intraday Target | 51.28 |
| Upside Intraday Target | 47.52 |
Weekly technical analysis of Morepen Lab (MorepenLab)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 07 Tue May 2024 | 46.55 | 49.51 | 49.89 | 46.13 | 0.593 times |
| 03 Fri May 2024 | 49.71 | 51.81 | 52.31 | 49.09 | 0.333 times |
| 26 Fri Apr 2024 | 50.98 | 50.84 | 53.16 | 49.20 | 1.608 times |
| 19 Fri Apr 2024 | 48.63 | 43.71 | 49.80 | 43.15 | 1.864 times |
| 12 Fri Apr 2024 | 46.10 | 48.45 | 48.45 | 45.85 | 0.469 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 |
| 07 Tue May 2024 | 46.55 | 50.00 | 50.80 | 46.13 | 0.124 times |
| 30 Tue Apr 2024 | 50.03 | 42.77 | 53.16 | 42.61 | 0.942 times |
| 28 Thu Mar 2024 | 42.06 | 49.69 | 51.55 | 38.56 | 0.52 times |
| 29 Thu Feb 2024 | 49.55 | 53.82 | 56.35 | 47.17 | 1.073 times |
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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 19, 30, 22 | Sell |
| MACD | 1, 1 | Sell |
| Stochastics | 21 | Sell |
| CCI | -211 | Sell |
| RSI | 57 | Buy |
| OBV | -1747609 | Sell |
| VWAP | 50 | Sell |
| ADL | 0 | Sell |
| ROC | -10 | Sell |
| Force Index | 0 | Sell |
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Morepen Lab in short term but the sell signal is initial and weak.
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 but buying is losing 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 50.19 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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