MURPHY CANYON ACQUISITION -A (MURF) Stock Technical Analysis
NASDAQ:MURF - Nasdaq - US6266421022 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to MURF. In the last year, MURF was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, MURF did better than 97% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
MURF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MURF is lagging the market.
In the last month MURF has a been trading in the 9.80 - 25.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MURF has an excellent technical rating, it does not offer a high quality setup 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
9.87
17.02
We found 2 important support areas.
- A support zone ranging from 10.30 to 10.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @9.97 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for MURF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MURF is neutral. |
| ChartMill Relative Strength | 97.55 | POSITIVE | MURF has a high relative strength, it outperformed 97.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MURF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MURF is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 79.45 | OVERBOUGHT | The high RSI value suggests MURF may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.66 | POSITIVE | The MACD value suggests MURF has a positive trend. |
| Stochastics (14,3) | 37.89 | NEUTRAL | The Stochastics value for MURF is a neutral value. |
| Average True Range in percent/ATR (20) | 11.57 | HIGH VOLATILITY | The high ATR as a percentage value for MURF suggests high volalility. |
| Average Directional Index/ADX (14) | 42.35 | POSITIVE | The high ADX value value for MURF suggests a strong trend. |
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)
16.85
-0.14 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.82%
1 Week64.55%
2 Weeks56.31%
1 Month55.87%
3 Month59.56%
6 Month62.96%
12 Month68.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.73
ATR(20)%11.57%
ATR Inc413.26%
Range Today7.26
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.55
Mansfield5.11
10 Day High25
10 Day Low9.8
20 Day High25
20 Day Low9.8
52 Week High25
52 Week Low9.8
CS1 End10.32
CR1 StartN/A
Volume & EV
DER(3)3.39%
DER(5)3.21%
Volume233.50K
Volume Incr1440.62%
Vol(5)427.06K
Vol(50)55.45K