MORN Technical Signal Analysis
MORN have 5 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-02-20. The total price change during this trend is -13.03%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of MORN over last 5 trading day is $69,580,611.68
5 Bullish Signal
4 Bearish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
23.49
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
8.21
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-160.18
Bullish
Average Directional Index (14 days)
ADX_14 > 25
26.53
Bullish
Williams %R (14 days)
WILLR_14 < -80
-88.54
Bullish
Name
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 < 0
-28.09
Bearish
Momentum (10 days)
MOM_10 < 0
-38.78
Bearish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 < 0
-10.51
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 0.8
3.28
Bearish
5 Bullish Signal
Name
Signal
Value
Meaning
Relative Strength Index (14 days)
RSI_14 < 30
23.49
Bullish
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 < 20
8.21
Bullish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 < -100
-160.18
Bullish
Average Directional Index (14 days)
ADX_14 > 25
26.53
Bullish
Williams %R (14 days)
WILLR_14 < -80
-88.54
Bullish
MORN Support and Resistance Level
The support levels for MORN are at 283.71, 272.62, and 254.68, while the resistance levels are at 319.6, 330.69, and 348.64. With the current stock price at 287.53, it is leaning more toward the support levels.
MORN Technical Analysis
Technical Analysis of MORN Stock
Price Overview:
- Current Price: 291.9
- Recent Close: 290.65
- High/Low: 295.22 / 285.62
- Volume: 184,053
Technical Indicators:
- RSI: Oversold at 15.66 (RSI_6), 22.45 (RSI_12), and 24.15 (RSI_14).
- MACD: -8.26 (below signal line at -5.33).
- Stochastic Oscillator: %K (11.59) and %D (9.57) in oversold territory.
- Fibonacci Levels:
- Pivot: 306.59
- Resistance Levels: R1 (321.87), R2 (331.31)
- Support Levels: S1 (291.31), S2 (281.87)
Bollinger Bands:
- The stock is near the lower Bollinger Band, indicating potential oversold conditions.
News Sentiment:
- MORN has entered oversold territory with an RSI of 25.8, suggesting a potential buying opportunity.
Recommendation:
Buy MORN at the current price of 291.9.
- Target Price: 321.87 (Fibonacci R1).
- Stop-Loss: 281.87 (Fibonacci S2).
This recommendation is based on oversold RSI levels, proximity to support, and potential for a technical rebound.
MORN FAQs
Which bull technical signals does MORN have?
Which bearish technical signals does MORN have?
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Is MORN a buy based on overall technical signals summary?
MORN Buy or Sell
MORN has 5 buy signals and 4 sell signals now. Overall the technical rating for MORN is Neutral.
Neutral
Sell
4
Buy
5
MORN Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 287.53 below the SMA_5. In the short term, the stock shows a negative trend with the 291.24 below the SMA_20. In the mid term, the stock shows a negative trend with the 312.73 below the SMA_60. In the long term, the stock shows a positive trend with the 326.38 above the SMA_200.
Swing
Negative
Stock Price Below SMA_5
Short Term
Negative
SMA_5 Below SMA_20
Mid Term
Negative
SMA_20 Below SMA_60
Long Term
Positive
SMA_60 Above SMA_200
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