MSI.TO Forecast and Technical Stock Analysis
Buy candidate since 2019-07-18 Loss -0.26%
Morneau Shepell Inc. fell by -0.26% in the last day ( Friday, 19th Jul 2019 ) from Can$30.24 to Can$30.16 During the day the stock fluctuated 1.23% from a day low at Can$30.11 to a day high of Can$30.48. The price has risen in 7 of the last 10 days and is up by 1.55% over the past 2 weeks. Volume fell in the last day along with the stock, which is actually a good sign as volume should follow the stock. In the last day the trading volume fell by -37 579 shares and in total 36 340 shares bought and sold for approximately Can$1.10 million.
- 30 day high of the MSI.TO stock price was Can$30.78 and low was Can$29.37.
- 90 day high was Can$30.78 and low was Can$27.00.
- 52 week high for Morneau Shepell Inc. - Can$30.78 and low - Can$23.64.
Morneau Shepell Inc. lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 8.84% during the next 3 months and, with 90% probability hold a price between Can$32.42 and Can$34.30 at the end of this period.
Morneau Shepell 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 Can$29.99 and Can$29.98. A break down below any of these levels will issue sell signals. 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 Thursday July 18, 2019, which indicates further falls until a new bottom pivot has been found. 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.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 75 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
Morneau Shepell Inc. finds support from accumulated volume at Can$29.91.
In general the stock tends to have controlled movements, but the low liquidity has increased the risk substantially.
Our recommended stop-loss: Can$29.05 (-3.68%) (This stock has low daily movements and this gives low risk. There is a sell signal from pivot top found 1 day(s) ago.)
1.39 %Average volatility
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