MSCI Inc Stock Forecast
MSCI Inc stock upgraded from Sell Candidate to Hold/Accumulate after Monday trading session.
(Updated on May 06, 2024)
The MSCI Inc stock price gained 1.81% on the last trading day (Monday, 6th May 2024), rising from $467.04 to $475.49. During the last trading day the stock fluctuated 2.18% from a day low at $470.01 to a day high of $480.26. The price has fallen in 6 of the last 10 days and is down by -7.7% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 147 thousand more shares were traded than the day before. In total, 958 thousand shares were bought and sold for approximately $455.60 million.
The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.49% during the next 3 months and, with a 90% probability hold a price between $354.55 and $429.33 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
A buy signal was issued from a pivot bottom point on Tuesday, April 23, 2024, and so far it has risen 6.61%. Further rise is indicated until a new top pivot has been found. 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. The MSCI Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $519.07. On a fall, the stock will find some support from the short-term average at $471.54. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).
Support, Risk & Stop-loss for MSCI Inc stock
MSCI Inc finds support from accumulated volume at $464.65 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $10.25 between high and low, or 2.18%. For the last week, the stock has had daily average volatility of 2.86%.
Our recommended stop-loss: $452.64 (-4.81%) (This stock has high daily movements and this gives high risk. There is a buy signal from a pivot bottom found 9 days ago.)
Trading Expectations (MSCI) For The Upcoming Trading Day Of Tuesday 7th
For the upcoming trading day on Tuesday, 7th we expect MSCI Inc to open at $475.25, and during the day (based on 14 day Average True Range), to move between $460.16 and $490.82, which gives a possible trading interval of +/-$15.33 (+/-3.22%) up or down from last closing price. If MSCI Inc takes out the full calculated possible swing range there will be an estimated 6.45% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $476.98 (0.31%) than the support at $464.65 (2.28%), 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: -0.688 Hold/Accumulate Upgraded
Predicted Opening Price for MSCI Inc of Tuesday, May 7, 2024
| Fair opening price May 7, 2024 | Current price |
|---|---|
| $475.25 ( 0.0501%) | $475.49 |
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 | |||
|---|---|---|---|---|
| Resistance | R3 | 485.50 | 2.10 % | |
| R2 | 481.58 | 1.28 % | ||
| R1 | 479.17 | 0.773 % | ||
| Current price: | 475.49 | |||
| Support | S1 | 471.34 | -0.87 % | |
| S2 | 468.92 | -1.38 % | ||
| S3 | 465.01 | -2.20 % |
Accumulated Volume Support & Resistance Levels
| Level | Price | |||
|---|---|---|---|---|
| Resistance | R3 | 505.76 | 6.37 % | |
| R2 | 477.78 | 0.482 % | ||
| R1 | 476.98 | 0.313 % | ||
| Current price | 475.49 | |||
| Support | S1 | 464.65 | -2.28% | |
| S2 | 464.49 | -2.31% | ||
| S3 | 446.00 | -6.20% |
MSCI Dividend Payout History
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 23, 2024 | May 16, 2024 | May 31, 2024 | $1.60 | 0.336% |
| 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% |
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