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(MORF) complete technical analysis [charts+indicators] | Buy/Sell | (MORF) share price targets

Complete technical analysis of (MORF) by charts plus indicators, forecast predictions and share price targets for (MORF)

Showing technical analysis as on 2024-01-19 View latest technical analysis

10 day averaged volume of is 539790

Date Daily Closing Price Open High Low Volume
19 Fri Jan 2024 26.64 26.75 27.09 26.10 1.023 times
18 Thu Jan 2024 26.81 27.21 27.62 26.11 1.201 times
17 Wed Jan 2024 27.16 27.50 27.87 26.50 1.017 times
16 Tue Jan 2024 27.85 27.28 27.93 26.93 0.915 times
12 Fri Jan 2024 27.79 28.08 28.97 27.47 0.388 times
12 Fri Jan 2024 27.79 28.08 28.97 27.47 0.388 times
11 Thu Jan 2024 27.68 28.47 28.64 27.52 1.586 times
10 Wed Jan 2024 28.99 28.20 29.35 27.86 1.341 times
09 Tue Jan 2024 28.36 27.82 28.64 27.21 1.152 times
08 Mon Jan 2024 28.40 27.02 28.44 26.72 1.441 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 27.2, but if it comes above 27.2, then a intra day buy could be more profitable.
If you take a sell trade below 27.2, then use 27.2 as stoploss and 26 as target. However if you take a buy trade in stock , then use 27.2 as stoploss and 28.28 as target.

Share price targets for (MORF)

Target Type Value
Downside Target 19.34
Downside Target 19.80
Downside Target 23.29
Downside Target 24.75
Downside Target 26.03
Upside Target 26.72
Upside Target 27.47
Upside Target 28.58
Upside Target 29.35
Upside Target 30.29
Upside Target 30.44
Upside Target 31.45
Upside Target 56.75

Intraday share price targets for (MORF)

Target Type Value
Downside Intraday Target 25.85
Downside Intraday Target 25.06
Upside Intraday Target 27.68
Upside Intraday Target 28.72
Upside Intraday Target 26.89

Weekly technical analysis of (MORF)

Date Weekly Closing Price Open High Low Volume
19 Fri Jan 2024 26.64 27.28 27.93 26.10 10.723 times
12 Fri Jan 2024 27.79 28.08 28.97 27.47 0.066 times
12 Fri Jan 2024 27.79 27.02 29.35 26.72 2.025 times
05 Fri Jan 2024 27.30 28.49 30.29 26.03 2.922 times
29 Fri Dec 2023 28.88 29.80 30.44 28.58 0.246 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of (MORF)

Date Monthly Closing Price Open High Low Volume
19 Fri Jan 2024 26.64 28.49 30.29 26.03 0.505 times
29 Fri Dec 2023 28.88 23.62 31.45 23.29 1.398 times
30 Thu Nov 2023 23.70 20.05 24.75 19.34 0.448 times
31 Tue Oct 2023 19.95 23.03 24.79 19.37 0.623 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of (MORF)

Price action analysis of ( (MORF) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (MORF) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (MORF) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (MORF) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.79 and (MORF) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (MORF) stock. Volume based technical analysis of (MORF) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of ( (MORF) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (MORF) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (MORF) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of ( (MORF) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for in short term but the sell signal is initial and weak.

Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 27.79 and (MORF) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the (MORF) stock. Volume based technical analysis of (MORF) stock is negative.

Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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