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 may just continue or reversal may be around the corner!
- Looking at the yearly performance, MOR did better than 98% of all other 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 524 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 however is also trading near new highs, which makes the performance in line with 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 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
17.19
We found 1 important support 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.
2 important resistance areas can be observed.
- 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.
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%)
MorphoSys AG / MOR 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 MOR stock?
MorphoSys AG (MOR) has an RSI value of 60.2157. This indicates that the stock is currently neutral.
What is the MACD signal for MOR stock?
The MACD indicator for MorphoSys AG (MOR) has a value of 0.017106, indicating a bearish trend.
What is the support and resistance level for MOR stock?
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.