MORPHIC HOLDING INC (MORF)
US61775R1059 - Common Stock
Overall MORF gets a technical rating of 9 out of 10. 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.
The long and short term trends are both positive. This is looking good!
MORF is one of the better performing stocks in the Biotechnology industry, it outperforms 91% of 571 stocks in the same industry.
MORF is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
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 overall good ranking is mostly due to the recent strong 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.
MORF has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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
We found 2 important support 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.
We found 1 important resistance 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 worst case loss on the trade is limited to 0.26 points, which is 0.46%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
MORPHIC HOLDING INC
NASDAQ:MORF (8/15/2024, 8:13:37 PM)
After market: 56.99 0 (0%)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 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.09
ATR(20)%0.18%
ATR Inc
Range Today0.03
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 High57
10 Day Low56.76
20 Day High57
20 Day Low56.35
52 Week High57
52 Week Low19.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.80M
Volume Incr-41.97%
Vol(5)1.34M
Vol(50)2.94M