Technical Analysis for MORN - Morningstar, Inc.

Grade Last Price % Change Price Change
B 241.51 1.41% 3.35
MORN closed up 1.41 percent on Thursday, April 22, 2021, on 72 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. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: Apr 27
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical MORN trend table...

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
BB Squeeze + Upper Band Touch Range Contraction 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Stochastic Sell Signal Bearish 1.41%
Older End-of-Day Signals for MORN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Non-ADX 1,2,3,4 Pullback Entry about 10 hours ago
Rose Above Previous Day's High about 10 hours ago
Rose Above Upper Bollinger Band about 10 hours ago
Outside Day about 10 hours ago
60 Minute Opening Range Breakout about 10 hours ago
View Earlier Intraday Alerts

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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 Virtus Investment Partners Managed Account Workstation Asset Allocation Financial Advisors Credit Rating Morningstar Riversource Credit Ratings Retirement Solutions Online Tool Internet Advertising Media Outlets Online Tools Communications Materials Discretionary Asset Management

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 255.75
52 Week Low 139.19
Average Volume 131,296
200-Day Moving Average 200.26
50-Day Moving Average 235.74
20-Day Moving Average 232.93
10-Day Moving Average 235.88
Average True Range 5.66
ADX 13.06
+DI 20.05
-DI 14.37
Chandelier Exit (Long, 3 ATRs ) 225.41
Chandelier Exit (Short, 3 ATRs ) 236.84
Upper Bollinger Band 242.22
Lower Bollinger Band 223.63
Percent B (%b) 0.96
BandWidth 7.98
MACD Line 1.19
MACD Signal Line 0.23
MACD Histogram 0.9621
Fundamentals Value
Market Cap 10.34 Billion
Num Shares 42.8 Million
EPS 4.06
Price-to-Earnings (P/E) Ratio 59.49
Price-to-Sales 6.55
Price-to-Book 7.39
PEG Ratio 0.00
Dividend 1.20
Dividend Yield 0.50%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 255.49
Resistance 3 (R3) 254.23 248.32 253.16
Resistance 2 (R2) 248.32 244.76 248.95 252.38
Resistance 1 (R1) 244.91 242.56 246.62 246.17 251.61
Pivot Point 239.00 239.00 239.85 239.63 239.00
Support 1 (S1) 235.59 235.44 237.30 236.85 231.41
Support 2 (S2) 229.68 233.24 230.31 230.64
Support 3 (S3) 226.27 229.68 229.86
Support 4 (S4) 227.53