Morgan Stanley Capital Trust IV 6.25% Stock Forecast

Is Morgan Stanley Capital Trust IV 6.25% stock still a buy after falling -5.68% on Tuesday?
(Updated on Jun 25, 2024)

MWG Signals & Forecast

There are few to no technical positive signals at the moment. The Morgan Stanley Capital Trust IV 6.25% 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 $0.362 and $0.350. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, June 05, 2024, and so far it has fallen -45.41%. 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 fell along with the price during the last trading day which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Morgan Stanley Capital Trust IV 6.25% stock

Morgan Stanley Capital Trust IV 6.25% finds support from accumulated volume at $0.312 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 very much during the day (volatility) and with periodic low trading volume this stock is considered to be "very high risk". During the last day, the stock moved $0.0230 between high and low, or 7.27%. For the last week the stock has had daily average volatility of 13.22%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (MWG) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect Morgan Stanley Capital Trust IV 6.25% Cap. Secs. to open at $0.326, and during the day (based on 14 day Average True Range), to move between $0.250 and $0.391, which gives a possible trading interval of +/-$0.0708 (+/-22.07%) up or down from last closing price. If Morgan Stanley Capital Trust IV 6.25% Cap. Secs. takes out the full calculated possible swing range there will be an estimated 44.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.312 (2.68%) than the resistance at $0.350 (9.14%), 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 Capital Trust IV 6.25% Cap. Secs. stock A Buy?

The Morgan Stanley Capital Trust IV 6.25% stock holds several negative signals and despite the positive trend, we believe Morgan Stanley Capital Trust IV 6.25% will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -4.494 Sell Candidate Upgraded

Predicted Opening Price for Morgan Stanley Capital Trust IV 6.25% Cap. Secs. of Wednesday, June 26, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.