MOREPENLAB technical summary

At ₹102.31, Morepen Laboratories Limited is trading 14.6% below its 50-day average of ₹119.74 and 53.6% above its 200-day average of ₹66.63. The 14-day RSI is 36.0, in the neutral range between 30 and 70. MACD is -2.09 against a signal line of 1.04, so the MACD line sits below its signal line. ADX(14) reads 21.2, an emerging trend (20 to 25); ADX measures trend strength, not direction. The 52-week range is ₹33.05 to ₹150.7, with the price 59% of the way up it. Classic daily pivot levels from the 3 Nov 2026 session: pivot ₹104.1, resistance ₹105.9 and ₹104.1, support ₹105.9 and ₹104.1.