Technical Analysis for MORN - Morningstar, Inc.

Grade Last Price % Change Price Change
B 335.77 0.27% 0.89
MORN closed up 0.27 percent on Wednesday, November 20, 2024, on 70 percent of normal volume. It was able to find support at its 50 day moving average. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Down

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bullish? Reversal 0.00%
Outside Day Range Expansion 0.27%
Down 3 Days in a Row Weakness 0.42%
Down 4 Days in a Row Weakness 0.42%
Gapped Down Weakness 0.42%
Fell Below 20 DMA Bearish -0.53%
MACD Bearish Signal Line Cross Bearish -0.53%

   Recent Intraday Alerts

Alert Time
Reversed from Down about 16 hours ago
Fell Below 50 DMA about 21 hours ago
50 DMA Support about 22 hours ago
Fell Below Previous Day's Low about 22 hours ago
Down 1% about 22 hours ago

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Profile

Morningstar, Inc. Description

Morningstar, Inc. provides independent investment research to investors worldwide. The company's Investment Information segment provides Morningstar Data, a set of investment data spanning various investment databases, including real-time pricing and commodity data; Morningstar Advisor Workstation, a Web-based investment planning system for independent financial advisors, as well as advisors affiliated with firms; Morningstar Direct, a Web-based institutional research platform; Morningstar.com, which includes memberships and Internet advertising sales; Integrated Web Tools, a set of online tools and components that help institutional clients build customized Websites or enhance existing sites; Principia, a CD-ROM-based software for independent financial advisors; and Morningstar Structured credit ratings and research on alternative funds, exchange-traded funds (ETF), closed-end funds, 529 plans, target-date funds, and stocks. It also offers financial communications materials, print and online publications, and investment indexes. This segment sells its advisor-related products directly to independent financial advisors and through enterprise licenses. Its Investment Management segment offers Investment Advisory, which focuses on investment monitoring, asset allocation, and portfolio construction for managed accounts made up of other investment vehicles; Retirement Solutions, including the Morningstar Retirement Manager and Advice by Ibbotson platforms; and Morningstar Managed Portfolios, a fee-based discretionary asset management service that includes a series of mutual fund, ETF, and stock portfolios. The company serves banks, brokerage firms, insurance companies, mutual fund companies, media outlets, retirement plan sponsors and providers, asset management firms, and investment management companies. Morningstar, Inc. was founded in 1984 and is headquartered in Chicago, Illinois.


Classification

Sector: Industrials
Industry: Business Services
Keywords: Exchange Traded Fund Investment Management Insurance Financial Advisors Credit Rating Morningstar Riversource Retirement Solutions Online Tool Discretionary Asset Management Internet Advertising Media Outlets Online Tools

Is MORN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 352.55
52 Week Low 268.4453
Average Volume 140,786
200-Day Moving Average 307.46
50-Day Moving Average 331.01
20-Day Moving Average 337.62
10-Day Moving Average 342.20
Average True Range 6.19
RSI (14) 48.45
ADX 21.85
+DI 19.75
-DI 26.51
Chandelier Exit (Long, 3 ATRs) 333.98
Chandelier Exit (Short, 3 ATRs) 344.78
Upper Bollinger Bands 351.52
Lower Bollinger Band 323.71
Percent B (%b) 0.43
BandWidth 8.24
MACD Line 1.88
MACD Signal Line 3.24
MACD Histogram -1.3622
Fundamentals Value
Market Cap 14.34 Billion
Num Shares 42.7 Million
EPS 1.66
Price-to-Earnings (P/E) Ratio 202.27
Price-to-Sales 6.08
Price-to-Book 9.67
PEG Ratio 0.00
Dividend 1.50
Dividend Yield 0.45%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 347.20
Resistance 3 (R3) 346.08 341.14 345.30
Resistance 2 (R2) 341.14 338.23 341.71 344.66
Resistance 1 (R1) 338.46 336.43 335.99 339.58 344.02
Pivot Point 333.52 333.52 332.29 334.09 333.52
Support 1 (S1) 330.84 330.61 328.37 331.96 327.52
Support 2 (S2) 325.90 328.81 326.47 326.88
Support 3 (S3) 323.22 325.90 326.25
Support 4 (S4) 324.34