NASDAQ:MORN - Nasdaq - US6177001095 - Common Stock - Currency: USD
Overall MORN gets a technical rating of 0 out of 10. MORN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MORN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 292.97. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 279.41, a Stop Loss order could be placed below this zone.
266.06
When analyzing the support we notice one important area.
We can see 2 important resistance areas.
280.63
+0.92 (+0.33%)