MORPHIC HOLDING INC (MORF) Stock Technical Analysis
NASDAQ:MORF - Nasdaq - US61775R1059 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to MORF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MORF is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
MORF is part of the Biotechnology industry. There are 567 other stocks in this industry. MORF outperforms 91% of them.
MORF is currently making a new 52 week high. This is a strong signal, certainly because the S&P500 Index is not trading near new highs.
MORF has an average volume of 2937360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MORF is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month MORF has a been trading in a tight range between 56.35 and 57.00.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MORF also presents 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 57.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 56.98, a Stop Loss order could be placed below this zone.
More info and screens
26.37
57.57
When analyzing the support we can see 2 important areas.
- A support zone ranging from 56.76 to 56.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 26.64 to 26.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 57.00 to 57.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.75
Mansfield5.28
10 Day High57
10 Day Low56.76
20 Day High57
20 Day Low56.35
52 Week High57
52 Week Low19.35
Performance
1 Week0.19%
2 Weeks0.3%
1 Month1.19%
3 Month94.97%
6 Month51.25%
12 Month5.11%
2 Year107.09%
3 Year-9.55%
5 Year208.05%
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)-0.84
RSI(14)83.48
LBB56.63
UBB57.07
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 57.01 | 56.75 | 0.26 (0.46%) | 25.00% |
| An entry @57.01. This is a Buy Stop order right above the resistance zone. | An exit @56.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.26 points, which is 0.46%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
56.99
+0.02 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.04%
1 Week0.19%
2 Weeks0.3%
1 Month1.19%
3 Month94.97%
6 Month51.25%
12 Month5.11%
2 Year107.09%
3 Year-9.55%
5 Year208.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.18%
ATR Inc-79.71%
Range Today0.03
ADR(20)0.09
ADR(20)%0.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.75
Mansfield5.28
10 Day High57
10 Day Low56.76
20 Day High57
20 Day Low56.35
52 Week High57
52 Week Low19.35
CS1 End56.98
CR1 Start57
Volume & EV
DER(3)2.24%
DER(5)-1.12%
Volume1.80M
Volume Incr-41.97%
Vol(5)1.34M
Vol(50)2.94M