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Morepen Laboratories Limited

MOREPENLAB.NS•NSE
Healthcare
Drug Manufacturers - Specialty & Generic
₹46.47
₹0.00(0.00%)
Indian Market opens in 11h 37m

Morepen Laboratories Limited (MOREPENLAB.NS) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Morepen Laboratories Limited (NSE:MOREPENLAB.NS).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MOREPENLAB.NS Technical Analysis Summary

Morepen Laboratories Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.95)
Trend Strength:Moderate (ADX: 21.58)
Volatility:Medium (ATR: 2.24)
Support/Resistance:$33.44 – $44.97 (Bollinger Bands)

This mix signals that Morepen Laboratories Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 62.95

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.78

Bullish
Buying momentum building without extremes.

Williams %R: -36.35

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 16.32

Strongly Bullish
Strong upside momentum.

Takeaway:Morepen Laboratories Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 1.35

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.58

Moderate
Moderate trend, direction gaining strength.

ATR (14): 2.24

Medium
Medium volatility, healthy price movement.

CCI (14): 140.54

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Morepen Laboratories Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$44.97
Middle Band (SMA 20)
$39.20
Lower Band
$33.44
Current Position
Above Upper Band

Takeaway:Morepen Laboratories Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$44.57
Middle Line (EMA 20)
$40.10
Lower Channel
$35.62
Squeeze Status
No Squeeze

Takeaway:Morepen Laboratories Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume181.14M
Money Flow Index91.11Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index47.27Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MOREPENLAB.NS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Morepen Laboratories Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Morepen Laboratories Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ