Weaker Buy Today APF.L ranks #979 as BUY CANDIDATE. Stronger Buy
Today APF.L ranks #979 as BUY CANDIDATE.

APF.L stock Morgan Stanley Asia Pacific Fund Inc

APF.L stock
Morgan Stanley Asia Pacific Fund Inc

April 18, 2019
Change 2.03%
Chart period: 2019-01-21 - 2019-04-18
VOLUME
Buy
TREND
Buy

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

Will APF.L stock price go up or down on Tue, 23 Apr 2019?

Morgan Stanley Asia Pacific Fund Inc Forecast and Stock Analysis

Technical APF.L stock analysis for April 18, 2019.

Buy candidate since 2019-04-17 Gain 2.03%
Shorts 0.13% ( 2019-03-15 )
Cash n/a
Loans n/a
Beta 0.68
ROA 8.60

Morgan Stanley Asia Pacific Fund Inc gained 2.03% in the last trading day, rising from £197.00 to £201.00 The price has risen in 5 of the last 10 days and is up by 12.29% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 48 836 more shares were traded than the day before. In total, 283 869 shares bought and sold for approximately £57.06 million.

Close price at the end of the last trading day (Thursday, 18th Apr 2019) of the APF.L stock was £201.00. This is 2.03% more than the trading day before Wednesday, 17th Apr 2019.

During day the stock fluctuated 4.94% from a day low at £192.50 to a day high of £202.00.

30 day high of the APF.L stock price was £211.00 and low was £159.00.
90 day high was £211.00 and low was £145.00.
52 week high for the Morgan Stanley Asia Pacific Fund Inc - £211.00 and low - £123.50.

Trend

Morgan Stanley Asia Pacific Fund Inc lies in the upper part of a wide and strong rising trend in the short term, and this will 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 £204.28 will firstly indicate a stronger raising rate. Given the current short-term trend, the stock is expected to rise 15.11% during the next 3 months and, with 90% probability hold a price between £191.84 and £235.14 at the end of this period.

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Signals

Morgan Stanley Asia Pacific Fund Inc holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at £198.71 and £172.86. A break down below any of these levels will issue sell signals. 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. A sales signal was issued from a pivot top point on Monday April 15, 2019, which indicates further falls until a new bottom pivot has been found.

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Relative Strength Index (RSI)

The stock holds a RSI14 at 81 and is currently being overbought on RSI. This does not have to be a sales signal as many stocks may go both long and hard while being overbought on the RSI. It is therefore important to evaluate the history of the share as it may tell you something about the RSI-sensitiveness.

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at £170.50 and £168.50.

There is 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 Asia Pacific Fund Inc finds support just below today's level at £170.50. If this is broken, then the next support from accumulated volume will be at £168.50 and £159.50.

Support: £170.50 Price: £201.00 Resistance: £202.00

Risk

This stock may move much during a 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 £9.50 between high and low, or 4.94%. For the last week, the stock has had a daily average volatility of 5.04%.

The stock is overbought on RSI14 and lies in the upper part of the trend. Normally this will pose a good selling opportunity for the short-term trader, but some stocks may go long and hard while being overbought. Regardless, the high RSI together with the trend position increases the risk and higher daily movements (volatility) should be expected. A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs.

Our recommended stoploss: £191.48 (-4.73%) (This stock has high daily movements and this gives high risk. The RSI14 is 81 and this increases the risk substantially. There is a sell signal from pivot top found 3 days ago.)

Overall risk:

Very Low Low Medium High Very High

Weaker Buy Today APF.L ranks #979 as BUY CANDIDATE. Stronger Buy
Today APF.L ranks #979 as BUY CANDIDATE.