Morgan Stanley Capital Trust IV 6.25% Stock Forecast

Morgan Stanley Capital Trust IV 6.25% stock price ended at $0.340 on Friday, after losing 1.16%.
(Updated on Jun 28, 2024)

MWG Signals & Forecast

There are mixed signals in the stock today. The Morgan Stanley Capital Trust IV 6.25% 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 $0.352. On a fall, the stock will find some support from the short-term average at $0.337. 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. A sell signal was issued from a pivot top point on Wednesday, June 05, 2024, and so far it has fallen -42.13%. 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

On the downside, the stock finds support just below today's level from accumulated volume at $0.322 and $0.321. 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, Morgan Stanley Capital Trust IV 6.25% finds support just below today's level at $0.322. If this is broken, then the next support from accumulated volume will be at $0.321 and $0.321.

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 $0.0262 between high and low, or 7.94%. For the last week the stock has had daily average volatility of 10.81%.

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 Monday 1st

For the upcoming trading day on Monday, 1st we expect Morgan Stanley Capital Trust IV 6.25% Cap. Secs. to open at $0.342, and during the day (based on 14 day Average True Range), to move between $0.275 and $0.405, which gives a possible trading interval of +/-$0.0655 (+/-19.25%) 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 38.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.322 (5.32%) than the resistance at $0.378 (11.18%), 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?

Morgan Stanley Capital Trust IV 6.25% 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.

Current score: -2.587 Sell Candidate Unchanged

Predicted Opening Price for Morgan Stanley Capital Trust IV 6.25% Cap. Secs. of Monday, July 1, 2024

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