MORPHOSYS AG O.N.

Open:	-
Change:	-
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Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	MOR
ISIN:	DE0006632003

MORPHOSYS AG O.N. - Daily - Technical analysis published on 02/01/2023 (GMT)

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Timeframe : Daily
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MORPHOSYS AG O.N. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Bullish

Technical indicators

72%

28%

My opinion

Bullish above 17.910 EUR

My targets

18.856 EUR (+2.90%)

20.916 EUR (+14.14%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MORPHOSYS AG O.N. as long as the price remains well above 17.910 EUR. The buyers' bullish objective is set at 18.856 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 20.916 EUR. If there is any crossing, the next objective would be the resistance located at 22.230 EUR.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

5.9

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia.

Additional analysis

Quotes

MORPHOSYS AG O.N. rating 18.325 EUR. The price is lower by -0.27% since the last closing and was traded between 18.105 EUR and 18.515 EUR over the period. The price is currently at +1.22% from its lowest and -1.03% from its highest.

18.105

18.515

18.325

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by MORPHOSYS AG O.N.:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of MORPHOSYS AG O.N. indicates that the overall trend is bullish. 67.86% of the signals given by moving averages are bullish. This bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, according to the parameters integrated into the Central Analyzer system, 13 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

No additional result has been identified by Central Indicators, the scanner specialised in technical indicators.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near support of triangle

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	14.400	16.587	17.910	18.325	18.856	20.916	22.230
Change (%)	-21.42%	-9.48%	-2.26%	-	+2.90%	+14.14%	+21.31%
Change	-3.925	-1.738	-0.415	-	+0.531	+2.591	+3.905
Level	Minor	Major	Intermediate	-	Minor	Intermediate	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	16.475	16.855	17.615	17.995	18.755	19.135	19.895
Camarilla	18.062	18.166	18.271	18.375	18.480	18.584	18.689
Woodie	16.665	16.950	17.805	18.090	18.945	19.230	20.085
Fibonacci	16.855	17.291	17.560	17.995	18.431	18.700	19.135

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	15.797	16.343	17.247	17.793	18.697	19.243	20.147
Camarilla	17.751	17.884	18.017	18.150	18.283	18.416	18.549
Woodie	15.975	16.433	17.425	17.883	18.875	19.333	20.325
Fibonacci	16.343	16.897	17.239	17.793	18.347	18.689	19.243

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	9.133	10.982	14.678	16.527	20.223	22.072	25.768
Camarilla	16.850	17.358	17.867	18.375	18.883	19.392	19.900
Woodie	10.058	11.444	15.603	16.989	21.148	22.534	26.693
Fibonacci	10.982	13.100	14.409	16.527	18.645	19.954	22.072

Numerical data

The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators

Moving averages

RSI (14):	69.22
MACD (12,26,9):	0.9710
Directional Movement:	6.777
AROON (14):	100.000
DEMA (21):	17.966
Parabolic SAR (0,02-0,02-0,2):	17.235
Elder Ray (13):	0.929
Super Trend (3,10):	15.886
Zig ZAG (10):	18.430
VORTEX (21):	1.2750
Stochastique (14,3,5):	96.14
TEMA (21):	18.857
Williams %R (14):	-2.58
Chande Momentum Oscillator (20):	1.880
Repulse (5,40,3):	5.8260
ROCnROLL:	1
TRIX (15,9):	0.7910
Courbe Coppock:	38.67

MA7:	17.986
MA20:	16.554
MA50:	15.250
MA100:	17.355
MAexp7:	17.965
MAexp20:	16.810
MAexp50:	16.256
MAexp100:	17.077
Price / MA7:	+1.88%
Price / MA20:	+10.70%
Price / MA50:	+20.16%
Price / MA100:	+5.59%
Price / MAexp7:	+2.00%
Price / MAexp20:	+9.01%
Price / MAexp50:	+12.73%
Price / MAexp100:	+7.31%

Quotes : - 15 min delayed data - Germany Stocks

News

Don't forget to follow the news on MORPHOSYS AG O.N.. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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