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MORPHOSYS AG O.N.
MORPHOSYS AG O.N.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MOR
ISIN: DE0006632003

MORPHOSYS AG O.N. - Daily - Technical analysis published on 11/04/2019 (GMT)

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  • Timeframe : Daily
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MORPHOSYS AG O.N. Chart

Summary of the analysis

Trends
Court terme: Bullish
De fond: Slightly bullish
Technical indicators
56%
11%
33%
My opinion
Bullish above 96.40 EUR
My targets
104.10 EUR (+2.36%)
110.10 EUR (+8.26%)
My analysis
The bullish trend is truly tentative and does not seem to be supported in the short term. It is advisable to trade MORPHOSYS AG O.N. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 96.40 EUR. The buyers” bullish objective is set at 104.10 EUR. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 110.10 EUR. If there is any crossing, the next objective would be the resistance located at 113.80 EUR. If there is a bearish break in the support located at 96.40 EUR some indecision would arise.

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
0
10
3.6

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 Vincent Launay.

Additional analysis

Quotes

The MORPHOSYS AG O.N. price is 101.70 EUR. The price has increased by +1.60% since the last closing and was traded between 99.10 EUR and 102.20 EUR over the period. The price is currently at +2.62% from its lowest and -0.49% from its highest.

99.10
102.20
101.70

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



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

Technical


Technical analysis of MORPHOSYS AG O.N. in Daily shows an overall slightly bullish trend. 57.14% of the signals given by moving averages are bullish. The slightly bullish signals given by short-term moving averages do not show a strengthening of this global trend. An assessment of moving averages reveals several bullish signals that could impact this trend:

Central Indicators

Bullish trend reversal : adaptative moving average 20

Type : Bullish

Timeframe : Daily


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Daily


Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily


Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Daily



In fact, 10 technical indicators on 18 studied are currently positioned bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 86.72 90.55 96.40 101.70 104.10 110.10 113.80
Change (%) -14.73% -10.96% -5.21% - +2.36% +8.26% +11.90%
Change -14.98 -11.15 -5.30 - +2.40 +8.40 +12.10
Level Major Intermediate Major - Major Minor Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard91.5294.6397.37100.48103.22106.33109.07
Camarilla98.4999.0399.56100.10100.64101.17101.71
Woodie91.3394.5497.18100.39103.03106.24108.88
Fibonacci94.6396.8798.25100.48102.72104.10106.33


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard79.6885.1792.6398.12105.58111.07118.53
Camarilla96.5497.7398.91100.10101.29102.47103.66
Woodie80.6885.6693.6398.61106.58111.56119.53
Fibonacci85.1790.1193.1798.12103.06106.12111.07


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard74.7282.6890.1798.13105.62113.58121.07
Camarilla93.4094.8296.2397.6599.07100.48101.90
Woodie74.4882.5689.9398.01105.38113.46120.83
Fibonacci82.6888.5992.2398.13104.04107.68113.58

Numerical data


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

Technical indicators
Moving averages

RSI (14): 49.50
MACD (12,26,9): -0.7600
Directional Movement: -0.89
AROON (14): -35.72
DEMA (21): 98.62
Parabolic SAR (0,02-0,02-0,2): 103.60
Elder Ray (13): 1.07
Super Trend (3,10): 104.36
Zig ZAG (10): 100.00
VORTEX (21): 1.0500
Stochastique (14,3,5): 55.66
TEMA (21): 98.84
Williams %R (14): -39.48
Chande Momentum Oscillator (20): 0.35
Repulse (5,40,3): -1.5400
ROCnROLL: -1
TRIX (15,9): -0.1400
Courbe Coppock: 0.86
MA7: 98.69
MA20: 99.38
MA50: 102.41
MA100: 100.64
MAexp7: 99.26
MAexp20: 99.79
MAexp50: 100.99
MAexp100: 99.92
Price / MA7: +3.05%
Price / MA20: +2.33%
Price / MA50: -0.69%
Price / MA100: +1.05%
Price / MAexp7: +2.46%
Price / MAexp20: +1.91%
Price / MAexp50: +0.70%
Price / MAexp100: +1.78%

News


The latest news and videos published on MORPHOSYS AG O.N. at the time of the analysis were as follows:

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

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