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Stock analysis Morepen Laboratories Limited MOREPENLAB

More indepth analysis on MunafaSutra.com

Moving Averages for Morepen Laboratories Limited

  • 5Day Average: 51.11
  • 12Day Average: 50.11
  • 20Day Average: 49.76
  • 50Day Average: 51.4
  • 100Day Average: 63.69
  • 150Day Average: 70.31
  • 200Day Average: 69.51

MOREPENLAB Indicators & signals

Indicator MACD (12,26,9)

50.42, 50.29, -0.53
Indicator MACD is in positive zone

Indicator ADX (14)

5.96, 25.82, 29.09
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MOREPENLAB Morepen Laboratories Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Thu Apr 2025 52.36 51.98 to 53.11 0.17% 0.56 times
16 Wed Apr 2025 52.27 51.80 to 53.25 -0.23% 0.63 times
15 Tue Apr 2025 52.39 50.52 to 52.50 4.36% 0.77 times
11 Fri Apr 2025 50.20 49.45 to 50.70 3.91% 0.79 times
09 Wed Apr 2025 48.31 47.38 to 48.94 -1.87% 0.47 times
08 Tue Apr 2025 49.23 48.53 to 50.10 3.06% 0.55 times
07 Mon Apr 2025 47.77 42.00 to 49.00 -3.01% 1.13 times
04 Fri Apr 2025 49.25 48.60 to 53.30 -6.62% 1.51 times
03 Thu Apr 2025 52.74 50.22 to 53.20 6.5% 2.63 times
02 Wed Apr 2025 49.52 48.00 to 49.95 0.28% 0.76 times
01 Tue Apr 2025 49.38 47.85 to 49.75 3.22% 0.77 times
28 Fri Mar 2025 47.84 47.65 to 49.87 -1.46% 0.96 times

Technical analysis forecast of Morepen Laboratories Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Morepen Laboratories Limited MOREPENLAB at this time. Stock is rising and might rise more.

It appears as if Morepen Laboratories Limited MOREPENLAB gave a large move recently.

Stock of Morepen Laboratories Limited (MOREPENLAB) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Morepen Laboratories Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Morepen Laboratories Limited stays above 51.7, but if it comes below 51.7, then a intra day sell could be more profitable.
If you take a sell trade below 51.7, then use 51.7 as stoploss and 50.09 as target. However if you take a buy trade in Morepen Laboratories Limited, then use 51.7 as stoploss and 53.7 as target.

More indepth analysis on MunafaSutra.com