Morgan Stanley Stock Forecast

Morgan Stanley stock upgraded to Sell Candidate.
(Updated on Jun 27, 2024)

DWD.F Signals & Forecast

There are mixed signals in the stock today. The Morgan Stanley stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at 90.53€ and 90.63€. A break-up above any of these levels will issue buy signals. Volume fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Thursday, June 13, 2024, and so far it has risen 1.12%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). 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 therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved 0.760€ between high and low, or 0.85%. For the last week the stock has had daily average volatility of 1.26%

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (DWD.F) For The Upcoming Trading Day Of Friday 28th

For the upcoming trading day on Friday, 28th we expect Morgan Stanley to open at 89.72€, and during the day (based on 14 day Average True Range), to move between 88.46€ and 90.60€, which gives a possible trading interval of +/-1.07€ (+/-1.20%) up or down from last closing price. If Morgan Stanley takes out the full calculated possible swing range there will be an estimated 2.40% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at 89.09€ (0.49%) than the resistance at 90.48€ (1.06%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Morgan Stanley stock A Buy?

Morgan Stanley holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -1.707 Sell Candidate Upgraded

Predicted Opening Price for Morgan Stanley of Friday, June 28, 2024

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