MOREPENLABMorepen Laboratories Limited
MOREPENLAB
Morepen Laboratories Limited
95.22-0.82%RS 940/100
At a glance
What the chart is saying
1
The current base is 15 sessions long and 18.6% deep, with a pivot at ₹63.10.
2
The close is 50.9% from the pivot.
3
Relative strength is 94/99 against the ranked market.
4
Today's volume is 0.55× its recent average.
5
Price is 47.0% versus the 50-day average.
Research thesis
Why this stock is interesting
What stands out
- Very strong relative strength at 94/99.
- A 15-session base sits under a measured pivot at ₹63.10.
- The base is relatively shallow, which is generally easier to risk-manage than a very deep structure.
- Price is 9.6% above the recorded pivot and the setup is in the climbing phase.
What could invalidate it
- No major technical warning was detected by the stored measures; reassess after a failed breakout, loss of trend, or structural break.
The score ranks stored setups for research convenience. It is not a probability of profit and is not a buy signal.
50 DMA64.78
150 DMA48.66
200 DMA47.26
52w high98.28
52w low33.05
From 52w high-3.1%
All-time high98.28
Avg volume 50d20,521,574
Base length15d
Base depth18.6%
Pivot63.10
To pivot50.9%
Contraction1.34
Volume ratio0.62
Stock measures
Price, trend and peer standing
1D return-0.8%
1W return+6.0%
1M return+81.5%
Pattern history
| Event | Date | Detail | Outcome |
|---|---|---|---|
| Breakout | 2026-08-20 | peak 0.0% | fresh_breakout |
| Breakout | 2026-08-17 | peak 0.0% | fresh_breakout |
| Breakout | 2026-08-05 | peak 0.0% | fresh_breakout |
| Breakout | 2026-08-04 | peak 0.0% | fresh_breakout |
| Base | 2026-07-09 | 15 sessions, 18.6% deep | forming |
| Base | 2025-09-10 | 125 sessions, 38.4% deep | forming |
| Base | 2025-07-04 | 265 sessions, 49.9% deep | forming |
| Base | 2025-02-05 | 70 sessions, 37.3% deep | forming |
| Base | 2024-11-06 | 21 sessions, 15.5% deep | forming |
| Base | 2024-06-28 | 22 sessions, 13.0% deep | forming |
| Base | 2024-06-25 | 147 sessions, 43.6% deep | forming |
| Base | 2024-04-22 | 36 sessions, 19.4% deep | broken_out |
| Base | 2024-02-02 | 90 sessions, 31.4% deep | forming |
| Base | 2023-12-26 | 26 sessions, 18.0% deep | forming |
| Base | 2023-11-24 | 17 sessions, 11.2% deep | forming |
| Base | 2023-09-07 | 51 sessions, 23.2% deep | forming |
| Base | 2023-08-29 | 58 sessions, 24.2% deep | forming |
| Base | 2023-06-20 | 34 sessions, 9.6% deep | broken_out |
| Base | 2023-05-15 | 22 sessions, 8.9% deep | broken_out |
| Base | 2023-03-06 | 36 sessions, 13.5% deep | broken_out |
Information only, not investment advice. Patterns describe past price behaviour and do not predict future prices.