Morgan Stanley Stock Forecast
Evaluation of Morgan Stanley stock downgraded after the last trading session.
(Updated on Jun 28, 2024)
The Morgan Stanley stock price fell by -0.595% on the last day (Friday, 28th Jun 2024) from $25.20 to $25.05. During the last trading day the stock fluctuated 0.764% from a day low at $24.88 to a day high of $25.07. The price has fallen in 7 of the last 10 days and is down by -0.87% for this period. Volume has increased on the last day by 131 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 203 thousand shares were bought and sold for approximately $5.07 million.
The stock is at the lower part of a narrow and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at $25.04 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Morgan Stanley stock with a 90% probability to be traded between $25.22 and $25.54 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.
Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.
MS-PI Signals & Forecast
There are few to no technical positive signals at the moment. The Morgan Stanley stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $25.18 and $25.17. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Monday, June 03, 2024, and so far it has fallen -0.99%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely. The stock had a Golden Star Signal on Monday, May 13, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, May 13, 2024.
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.
Golden Star
The stock had a Golden Star Signal on Monday, May 13, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, May 13, 2024.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.
Golden Star 12 Months
The stock had a Golden Star Signal on Monday, May 13, 2024 for the short-term and also have Golden Star Signal for the medium-term dated Monday, May 13, 2024.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 $25.04 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 $0.190 between high and low, or 0.764%. For the last week the stock has had daily average volatility of 0.472%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (MS-PI) For The Upcoming Trading Day Of Monday 1st
For the upcoming trading day on Monday, 1st we expect Morgan Stanley to open at $25.00, and during the day (based on 14 day Average True Range), to move between $24.93 and $25.17, which gives a possible trading interval of +/-$0.120 (+/-0.48%) up or down from last closing price. If Morgan Stanley takes out the full calculated possible swing range there will be an estimated 0.96% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $25.04 (0.04%) than the resistance at $25.09 (0.16%), 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 is within a narrow and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Sell candidate.
Current score: -2.239 Sell Candidate Downgraded
Predicted Opening Price for Morgan Stanley of Monday, July 1, 2024
| Fair opening price July 1, 2024 | Current price |
|---|---|
| $25.00 ( 0.200%) | $25.05 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MS-PI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.19 | 0.559% |
| R2 | 25.12 | 0.269% |
| R1 | 25.07 | 0.0902% |
| Price | 25.05 | |
| S1 | 24.93 | -0.490% |
| S2 | 24.88 | -0.669% |
| S3 | 24.81 | -0.96% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.20 | 0.599% |
| R2 | 25.10 | 0.200% |
| R1 | 25.09 | 0.160% |
| Price | 25.05 | |
| S1 | 25.04 | -0.0399% |
| S2 | 25.02 | -0.120% |
| S3 | 25.01 | -0.160% |
MS-PI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 28, 2024 | Jun 28, 2024 | Jul 15, 2024 | $0.398 | 1.59% |
| 2 | Mar 27, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.398 | 1.59% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.398 | 1.61% |
| 4 | Sep 28, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.398 | 1.67% |
| 5 | Jun 29, 2023 | Jun 29, 2023 | Jul 17, 2023 | $0.398 | 1.60% |
FAQ
Click here for our free guide on how to buy Morgan Stanley Stock.
