NASDAQ:MOR - Nasdaq - US6177602025 - ADR - Currency: USD
Overall MOR gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MOR is showing a nice and steady performance.
Although MOR has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
17.19
We found 1 important support area.
When analyzing the resistance we notice 2 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MOR is up. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MOR is neutral. |
ChartMill Relative Strength | 98.16 | POSITIVE | MOR has a high relative strength, it outperformed 98.16% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOR is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOR is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MOR is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 60.22 | NEUTRAL | The RSI value for MOR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MOR has a positive trend. |
Stochastics (14,3) | 59.23 | NEUTRAL | The Stochastics value for MOR is a neutral value. |
Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for MOR suggests low volalility. |
Average Directional Index/ADX (14) | 12.52 | NEGATIVE | The low ADX value for MOR suggests a weak or negative trend. |
18.96
+0.45 (+2.43%)