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Morepen Laboratories Limited

MOREPENLAB.NS Technical Analysis Summary (NSE)

Analyze MOREPENLAB.NS on the NSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MOREPENLAB.NS●NSE
HealthcareDrug Manufacturers - Specialty & Generic
₹96.01
₹0.46(0.48%)
Indian Market opens in 17h 24m

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 (NSE)

Morepen Laboratories Limited (NSE: MOREPENLAB.NS) stock currently shows a bullish trend on the NSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 78.37)
Trend Strength:Very Strong (ADX: 50.93)
Volatility:High (ATR: 5.15)
Support/Resistance:$47.83 – $102.22 (Bollinger Bands)

Technical conditions suggest Morepen Laboratories Limited on the NSE is awaiting a decisive move. Technical conditions suggest Morepen Laboratories Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 78.37

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 94.26

Bearish
Overbought levels may trigger pullback.

Williams %R: -3.58

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 66.54

Strongly Bullish
Strong upside momentum.

Takeaway:Morepen Laboratories Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 9.22

Bullish
Bullish, trend momentum is strengthening.

ADX: 50.93

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 5.15

High
High volatility, wide price fluctuations.

CCI (14): 138.26

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Morepen Laboratories Limited shows overheated trend conditions, with risk of sharp pullback.

Support & Resistance indicators
Bollinger Bands
Upper Band
$102.22
Middle Band (SMA 20)
$75.02
Lower Band
$47.83
Current Position
Within Bands

Takeaway:Morepen Laboratories Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$88.84
Middle Line (EMA 20)
$78.54
Lower Channel
$68.24
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 Volume663.79M
Money Flow Index92.17Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index48.38Neutral 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 (NSE: MOREPENLAB.NS), 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

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.

(NSE: MOREPENLAB.NS) Technical Analysis FAQ