Morgan Stanley Stock Forecast

Red day on Friday for Morgan Stanley stock after losing 0.286%
(Updated on Jun 21, 2024)

DWD.F Signals & Forecast

The Morgan Stanley stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at 89.96€ and 90.44€. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, May 21, 2024, and so far it has fallen -3.29%. Further fall is indicated until a new bottom pivot has been found. Morgan Stanley gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued. The stock had a Golden Star Signal on Monday, June 17, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, September 11, 2023.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Morgan Stanley stock

Morgan Stanley finds support from accumulated volume at 89.09€ and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved 1.71€ between high and low, or 1.90%. For the last week the stock has had daily average volatility of 1.08%.

Our recommended stop-loss: 86.36€ (-4.65%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 49 days ago.)

Trading Expectations (DWD.F) For The Upcoming Trading Day Of Monday 24th

For the upcoming trading day on Monday, 24th we expect Morgan Stanley to open at 90.78€, and during the day (based on 14 day Average True Range), to move between 89.54€ and 91.60€, which gives a possible trading interval of +/-1.03€ (+/-1.13%) up or down from last closing price. If Morgan Stanley takes out the full calculated possible swing range there will be an estimated 2.27% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at 91.54€ (1.07%) than the support at 89.09€ (1.63%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Morgan Stanley stock A Buy?

Morgan Stanley holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.174 Hold/Accumulate Unchanged

Predicted Opening Price for Morgan Stanley of Monday, June 24, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.