MorphoSys AG (MOR) Technical Analysis
NASDAQ:MOR • US6177602025
Current stock price
MOR Technical Rating and Analysis
Overall MOR gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MOR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that MOR is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by MOR over the past year are nicely spread over this period.
- MOR is part of the Biotechnology industry. There are 517 other stocks in this industry. MOR outperforms 92% of them.
- MOR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MOR is leading the market.
- In the last month MOR has a been trading in a tight range between 18.14 and 19.15.
- Considerably lower volume is observed in the last couple of days.
MOR Weekly and Daily overview Charts
MOR Setup Rating and Analysis
MOR has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
MOR Support and Resistance Analysis
17.19
When analyzing the support we notice one important area.
- A support zone ranging from 17.36 to 18.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @19.00 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 19.34 to 19.34. This zone is formed by a combination of multiple trend lines in the daily time frame.
MOR Technical Indicator Signal Analysis
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. |
MOR Chart- and CandleStick Pattern Analysis
MOR Technicals: Chart, Performance Metrics, Trend & Indicators
18.96
+0.45 (+2.43%)
MorphoSys AG / MOR TA FAQ
What is the technical rating for MOR stock?
ChartMill assigns a technical rating of 9 / 10 to MOR.
What is the current trend direction of MorphoSys AG (MOR) stock?
The current trend direction for MorphoSys AG (MOR) is Bullish.
What is the RSI signal for MorphoSys AG (MOR) stock?
MorphoSys AG (MOR) has an RSI value of 60.2157. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MorphoSys AG?
MorphoSys AG (MOR) has a support level at 18.58 and a resistance level at 19. Check the full technical report for our detailed analysis of MOR support and resistance levels.