MORPHIC HOLDING INC (MORF)

US61775R1059 - Common Stock

29.23  -3.22 (-9.92%)

After market: 29.23 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, MORF scores 2 out of 10 in our technical rating. MORF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

When comparing the yearly performance of all stocks, MORF is a bad performer in the overall market: 92% of all stocks are doing better.
MORF is one of the lesser performing stocks in the Biotechnology industry. 67% of 587 stocks in the same industry do better.
MORF is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month MORF has a been trading in the 26.36 - 33.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
MORF Weekly chart
MORF Daily chart
Setup Rating and Analysis

5

MORF has a poor technical rating and the quality of the setup is also 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.

Support and Resistance Analysis

26.37

32.77

3 important support areas can be observed.

  • A support zone ranging from 27.99 to 28.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 27.27 to 27.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Support @26.64 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 32.40 to 32.45. This zone is formed by a combination of multiple trend lines in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.61
Mansfield-3.33
10 Day High33.87
10 Day Low28
20 Day High33.87
20 Day Low26.36
52 Week High63.08
52 Week Low19.35
Performance
1 Week2.13%
2 Weeks-2.24%
1 Month4.43%
3 Month-22.43%
6 Month24.91%
12 Month-48.69%
2 Year24.7%
3 Year-40.78%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.34
RSI(14)48.14
LBB26.87
UBB31.76
MORF Daily chart

MORPHIC HOLDING INC

NASDAQ:MORF (5/17/2024, 7:14:11 PM)

After market: 29.23 0 (0%)

29.23

-3.22 (-9.92%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-9.92%
1 Week2.13%
2 Weeks-2.24%
1 Month4.43%
3 Month-22.43%
6 Month24.91%
12 Month-48.69%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.65
ATR(20)%5.38%
ATR Inc
Range Today3.77
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High33.87
10 Day Low28
20 Day High33.87
20 Day Low26.36
52 Week High63.08
52 Week Low19.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume420.80K
Volume Incr94.58%
Vol(5)817.44K
Vol(50)436.22K