Morgan Stanley Stock Forecast
Green day on Friday for Morgan Stanley stock after gaining 0.0519%
(Updated on Jun 21, 2024)
The Morgan Stanley stock price gained 0.0519% on the last trading day (Friday, 21st Jun 2024), rising from $19.28 to $19.29. During the last trading day the stock fluctuated 0.573% from a day low at $19.21 to a day high of $19.32. The price has been going up and down for this period, and there has been a 0.52% gain for the last 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 16 thousand more shares were traded than the day before. In total, 90 thousand shares were bought and sold for approximately $1.74 million.
The stock lies in the middle of a narrow and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 2.87% during the next 3 months and, with a 90% probability hold a price between $19.69 and $20.02 at the end of this 3-month period.
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MS-PO Signals & Forecast
The Morgan Stanley stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $19.25 and $19.06. 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). Volume is rising along with the price. This is considered to be a good technical signal. 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, June 18, 2024, and so far it has fallen -0.567%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for Morgan Stanley stock
Morgan Stanley finds support from accumulated volume at $19.08 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 $0.110 between high and low, or 0.573%. For the last week the stock has had daily average volatility of 0.85%.
Our recommended stop-loss: $18.55 (-3.83%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 7 days ago.)
Trading Expectations (MS-PO) For The Upcoming Trading Day Of Monday 24th
For the upcoming trading day on Monday, 24th we expect Morgan Stanley to open at $19.27, and during the day (based on 14 day Average True Range), to move between $19.10 and $19.48, which gives a possible trading interval of +/-$0.193 (+/-1.00%) up or down from last closing price. If Morgan Stanley takes out the full calculated possible swing range there will be an estimated 2.00% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $19.40 (0.57%) than the support at $19.08 (1.09%), 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.
Earnings coming up
Morgan Stanley will release earnings BMO on Tuesday, June 25, 2024. We will update the financials statements for Morgan Stanley, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 0% in the first trading day after earnings release.
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: 0.000 Hold/Accumulate Unchanged
Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.
Predicted Opening Price for Morgan Stanley of Monday, June 24, 2024
| Fair opening price June 24, 2024 | Current price |
|---|---|
| $19.27 ( 0.0864%) | $19.29 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MS-PO
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 19.38 | 0.484% |
| R2 | 19.34 | 0.266% |
| R1 | 19.32 | 0.131% |
| Price | 19.29 | |
| S1 | 19.23 | -0.304% |
| S2 | 19.21 | -0.439% |
| S3 | 19.16 | -0.657% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 0 | - |
| R2 | 0 | - |
| R1 | 19.40 | 0.570% |
| Price | 19.29 | |
| S1 | 19.08 | -1.09% |
| S2 | 19.04 | -1.30% |
| S3 | 18.95 | -1.76% |
MS-PO Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 28, 2024 | Jun 28, 2024 | Jul 15, 2024 | $0.266 | 1.38% |
| 2 | Mar 27, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.266 | 1.43% |
| 3 | Dec 28, 2023 | Dec 28, 2023 | Jan 16, 2024 | $0.266 | 1.39% |
| 4 | Sep 28, 2023 | Sep 28, 2023 | Oct 16, 2023 | $0.266 | 1.61% |
| 5 | Jun 29, 2023 | Jun 29, 2023 | Jul 17, 2023 | $0.266 | 1.43% |
FAQ
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