MSCI Inc Stock Forecast
MSCI Inc stock upgraded from Sell Candidate to Hold/Accumulate after Tuesday trading session.
(Updated on Jul 02, 2024)
The MSCI Inc stock price gained 2.53% on the last trading day (Tuesday, 2nd Jul 2024), rising from $479.31 to $491.42. During the last trading day the stock fluctuated 2.63% from a day low at $478.83 to a day high of $491.43. The price has fallen in 6 of the last 10 days but is still up by 1.37% over the past 2 weeks. Volume fell on the last day by -52 thousand shares and in total, 420 thousand shares were bought and sold for approximately $206.62 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $495.93 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -6.58% during the next 3 months and, with a 90% probability hold a price between $391.42 and $463.32 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.
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MSCI Signals & Forecast
The MSCI Inc 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 $486.31 and $490.41. 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 fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. 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 Monday, May 20, 2024, and so far it has fallen -4.07%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for MSCI Inc stock
On the downside, the stock finds support just below today's level from accumulated volume at $464.65 and $464.49. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, MSCI Inc finds support just below today's level at $464.65. If this is broken, then the next support from accumulated volume will be at $464.49 and $446.00.
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 $12.60 between high and low, or 2.63%. For the last week the stock has had daily average volatility of 1.78%.
Our recommended stop-loss: $464.98 (-5.38%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 48 days ago.)
Trading Expectations (MSCI) For The Upcoming Trading Day Of Wednesday 3rd
For the upcoming trading day on Wednesday, 3rd we expect MSCI Inc to open at $487.23, and during the day (based on 14 day Average True Range), to move between $482.28 and $500.56, which gives a possible trading interval of +/-$9.14 (+/-1.86%) up or down from last closing price. If MSCI Inc takes out the full calculated possible swing range there will be an estimated 3.72% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $497.51 (1.24%) than the support at $464.65 (5.45%), 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 MSCI Inc stock A Buy?
MSCI Inc 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. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.
Current score: 0.517 Hold/Accumulate Upgraded
Predicted Opening Price for MSCI Inc of Wednesday, July 3, 2024
| Fair opening price July 3, 2024 | Current price |
|---|---|
| $487.23 ( 0.85%) | $491.42 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MSCI
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 499.83 | 1.71% |
| R2 | 495.01 | 0.731% |
| R1 | 492.04 | 0.126% |
| Price | 491.42 | |
| S1 | 482.41 | -1.83% |
| S2 | 479.44 | -2.44% |
| S3 | 474.63 | -3.42% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 505.76 | 2.92% |
| R2 | 505.33 | 2.83% |
| R1 | 497.51 | 1.24% |
| Price | 491.42 | |
| S1 | 464.65 | -5.45% |
| S2 | 464.49 | -5.48% |
| S3 | 446.00 | -9.24% |
MSCI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | May 16, 2024 | May 31, 2024 | $1.60 | 0.323% |
| 2 | Jan 29, 2024 | Feb 15, 2024 | Feb 29, 2024 | $1.60 | 0.285% |
| 3 | Oct 30, 2023 | Nov 08, 2023 | Nov 30, 2023 | $1.38 | 0.265% |
| 4 | Jul 24, 2023 | Aug 10, 2023 | Aug 31, 2023 | $1.38 | 0.254% |
| 5 | Apr 24, 2023 | May 11, 2023 | Aug 31, 2023 | $1.38 | 0.254% |
FAQ
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