MOREPENLAB technical summary

At ₹113.35, Morepen Laboratories Ltd is trading 4.9% below its 50-day average of ₹119.15 and 72.1% above its 200-day average of ₹65.86. The 14-day RSI is 42.9, in the neutral range between 30 and 70. MACD is 0.55 against a signal line of 2.45, so the MACD line sits below its signal line. ADX(14) reads 19.1, a weak trend reading (below 20); ADX measures trend strength, not direction. The 52-week range is ₹33.05 to ₹150.7, with the price 68% of the way up it. Classic daily pivot levels from the 30 Oct 2026 session: pivot ₹118.3, resistance ₹123.24 and ₹127.18, support ₹114.36 and ₹109.42.