Morgan Stanley Emerging Markets Debt Stock Forecast
Explanation to Bollinger's Bands
Bollinger Bands was created by John Bollinger in the early 1980s, its purpose is to define price action relative to the assets highs and lows. This technical indicator is used to identify buy and sell signals and has proven very well in doing so.
Bollinger Bands consist of a set of three curves drawn in relation to securities prices. The middle band is a measure of the intermediate-term trend, usually a simple moving average, that serves as the base for the upper and lower bands. The interval between the upper and lower bands and the middle band is determined by volatility, typically the standard deviation of the same data that were used for the average. StockInvest.us uses Bollingers suggested 20 day average.
Middle Bollinger Band = 20-period simple moving average
Upper Bollinger Band = Middle Bollinger Band + 2 * 20-period standard deviation
Lower Bollinger Band = Middle Bollinger Band - 2 * 20-period standard deviation
BandWidth defines the current width of the band.
%b defines the current position within the band.
BandWidth = (Upper Bollinger Band - Lower Bollinger Band) / Middle Bollinger Band
%b = (Last - Lower Bollinger Band) / (Upper Bollinger Band - Lower Bollinger Band)
Live Samples:
Bottlenecks in bandwidth indicate an upcoming change. Break up through the moving average line or continuous movements above the moving average line indicate a break up, and vice versa.
Source: http://www.bollingerbands.com
Evaluation of Morgan Stanley Emerging Markets Debt stock downgraded after the last trading session.
(Updated on May 02, 2024)
The Morgan Stanley Emerging Markets Debt stock price gained 0.99% on the last trading day (Thursday, 2nd May 2024), rising from $7.04 to $7.11. During the last trading day the stock fluctuated 0.99% from a day low at $7.04 to a day high of $7.11. The price has risen in 6 of the last 10 days and is up by 2.45% over the past 2 weeks. Volume fell on the last day by -15 thousand shares and in total, 28 thousand shares were bought and sold for approximately $201.41 thousand. 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 is moving within a horizontal trend and further movements within this trend can be expected. Given the current horizontal trend, you can expect Morgan Stanley Emerging Markets Debt stock with a 90% probability to be traded between $6.80 and $7.34 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.
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MSD Signals & Forecast
A buy signal was issued from a pivot bottom point on Tuesday, April 16, 2024, and so far it has risen 3.19%. 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). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Morgan Stanley Emerging Markets Debt 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 $7.14. On a fall, the stock will find some support from the short-term average at $7.03. 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. Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may also not. The stock had a Golden Star Signal on Thursday, August 24, 2023 in the long-term chart.
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 Thursday, August 24, 2023 in the long-term chart.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 Emerging Markets Debt stock
Morgan Stanley Emerging Markets Debt finds support from accumulated volume at $7.10 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 $0.0700 between high and low, or 0.99%. For the last week the stock has had daily average volatility of 0.676%
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (MSD) For The Upcoming Trading Day Of Friday 3rd
For the upcoming trading day on Friday, 3rd we expect Morgan Stanley Emerging Markets Debt Fund Inc to open at $7.09, and during the day (based on 14 day Average True Range), to move between $7.04 and $7.18, which gives a possible trading interval of +/-$0.0716 (+/-1.01%) up or down from last closing price. If Morgan Stanley Emerging Markets Debt Fund Inc takes out the full calculated possible swing range there will be an estimated 2.01% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $7.10 (0.14%) than the resistance at $7.20 (1.27%), 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 Emerging Markets Debt Fund Inc stock A Buy?
Morgan Stanley Emerging Markets Debt 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. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.
Current score: -1.216 Sell Candidate Downgraded
Predicted Opening Price for Morgan Stanley Emerging Markets Debt Fund Inc of Friday, May 3, 2024
Fair opening price May 3, 2024 | Current price |
---|---|
$7.09 ( 0.328%) | $7.11 |
The predicted opening price is based on yesterday's movements between high, low, and closing price.
Trading levels for MSD
Fibonacci Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 7.16 | 0.656 % | |
R2 | 7.13 | 0.280 % | ||
R1 | 7.11 | 0.0479 % | ||
Current price: | 7.11 | |||
Support | S1 | 7.06 | -0.704 % | |
S2 | 7.04 | -0.94 % | ||
S3 | 7.02 | -1.31 % |
Accumulated Volume Support & Resistance Levels
Level | Price | |||
---|---|---|---|---|
Resistance | R3 | 7.27 | 2.25 % | |
R2 | 7.21 | 1.41 % | ||
R1 | 7.20 | 1.27 % | ||
Current price | 7.11 | |||
Support | S1 | 7.10 | -0.141% | |
S2 | 7.04 | -0.98% | ||
S3 | 6.94 | -2.39% |
MSD Dividend Payout History
# | Ex-Date | Pay Date | Amount | Yield | |
---|---|---|---|---|---|
1 | Mar 18, 2024 | Mar 27, 2024 | Apr 15, 2024 | $0.210 | 3.03% |
2 | Dec 05, 2023 | Dec 14, 2023 | Jan 12, 2024 | $0.200 | 2.84% |
3 | Sep 19, 2023 | Sep 28, 2023 | Oct 13, 2023 | $0.213 | 3.39% |
4 | Jun 20, 2023 | Jun 29, 2023 | Jul 14, 2023 | $0.188 | 2.88% |
5 | Mar 21, 2023 | Mar 30, 2023 | Apr 14, 2023 | $0.158 | 2.42% |
FAQ
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