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 |
| 28 Fri Jun 2024 | 55.71 | 54.15 to 59.80 | 3.82% | 2 times |
| 27 Thu Jun 2024 | 53.66 | 52.98 to 56.09 | -3.37% | 0.4 times |
| 26 Wed Jun 2024 | 55.53 | 55.31 to 57.44 | -2.32% | 0.43 times |
| 25 Tue Jun 2024 | 56.85 | 56.00 to 59.40 | 3.1% | 1.51 times |
| 24 Mon Jun 2024 | 55.14 | 53.84 to 56.39 | 2.41% | 0.65 times |
| 21 Fri Jun 2024 | 53.84 | 53.36 to 54.88 | -0.65% | 0.38 times |
| 20 Thu Jun 2024 | 54.19 | 54.05 to 55.20 | -0.31% | 0.45 times |
| 19 Wed Jun 2024 | 54.36 | 54.13 to 57.22 | -4.28% | 0.83 times |
| 18 Tue Jun 2024 | 56.79 | 55.85 to 57.83 | 1.19% | 1.72 times |
| 14 Fri Jun 2024 | 56.12 | 51.87 to 56.38 | 7.82% | 2.82 times |
| 13 Thu Jun 2024 | 52.05 | 51.70 to 53.48 | -0.82% | 0.82 times |
| 12 Wed Jun 2024 | 52.48 | 49.30 to 53.09 | 6.45% | 1.65 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, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Morepen Laboratories Limited is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 56.9 as stoploss in an intra day sell trade for a target of 52.65. However, stock will show a bullish move above 56.9.