Stock analysis Morepen Laboratories Limited MOREPENLAB
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Recent prices of MOREPENLAB Morepen Laboratories Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Tue Jun 2025 | 61.89 | 61.57 to 63.30 | 0.37% | 0.63 times |
| 23 Mon Jun 2025 | 61.66 | 60.58 to 62.15 | 0.26% | 0.44 times |
| 20 Fri Jun 2025 | 61.50 | 59.96 to 62.37 | 2.23% | 0.75 times |
| 19 Thu Jun 2025 | 60.16 | 59.71 to 63.13 | -3.45% | 0.88 times |
| 18 Wed Jun 2025 | 62.31 | 62.10 to 64.50 | -2.27% | 0.65 times |
| 17 Tue Jun 2025 | 63.76 | 63.50 to 66.35 | -1.82% | 0.7 times |
| 16 Mon Jun 2025 | 64.94 | 62.43 to 65.48 | 0.42% | 0.78 times |
| 13 Fri Jun 2025 | 64.67 | 64.00 to 65.88 | -2.03% | 0.86 times |
| 12 Thu Jun 2025 | 66.01 | 65.59 to 70.50 | -2.02% | 2.39 times |
| 11 Wed Jun 2025 | 67.37 | 64.83 to 68.12 | 4.01% | 1.87 times |
| 10 Tue Jun 2025 | 64.77 | 64.60 to 66.89 | -0.63% | 0.69 times |
| 09 Mon Jun 2025 | 65.18 | 64.44 to 66.10 | 1.65% | 0.51 times |
Technical analysis forecast for Morepen Laboratories Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Morepen Laboratories Limited MOREPENLAB at this time. Stock is falling and might fall more.
It appears as if Morepen Laboratories Limited MOREPENLAB gave a large move recently.
Stock of Morepen Laboratories Limited (MOREPENLAB) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...
My analysis of Morepen Laboratories Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 61.5 as stoploss in an intra day buy trade for a target of 63.21. However, stock will show a bearish move below 61.5.