Morgan Stanley stock: buy or sell
Updated on:
Jul 29th, 2021
2
Morgan Stanley stock brief
- After hitting new all-time highs last Friday, Morgan Stanley closed at $96.07 slightly changing a -0.42%
- On July 21 broke out above its latest top at $94.27
- Morgan Stanley posted its financial report on July 15
Should I buy Morgan Stanley stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $MS stock a buy?
Currently, Morgan Stanley stock matches one trading strategy:
Uptrend buy setup
Morgan Stanley stock is in an uptrend since in September 2020 that so far has marked a gorgeous 113.00% gain. Price marked a local bottom in this uptrend at $83.91 in mid-June, and since then it bounced off a 14.49%. Price just broke out above the buy point at $94.27, but it can be traded. If price climbs above $98.98, you should not chase the price and wait for the next opportunity. If you decide to enter this trade, the suggested stop loss is at $84.84
| Buy setup | Buy point | Stop loss | Risk |
| Uptrend buy setup | $94.27 | $84.84 | 10.00% |
Should I sell Morgan Stanley stock?
"To sell or not to sell", if you are holding Morgan Stanley shares?. Trading strategies allow us to avoid impulsive decisions based on our sentiments or the noise that surrounds the market. We like very simple setups to guide us on when is a good time to sell our shares. Be aware that these setups are not intended for shorting $MS stock
A golden rule is that you should not mantain an operation that results in higher than expected losses upon the buy. The moment to sell shares always has to be ruled by the stop-loss (automatic or manual)
Is it time to sell Morgan Stanley stock?
Currently, Morgan Stanley stock doesn't match any of our preferred sell setups, so if you own Morgan Stanley shares and your operation is in profit probably is not time to sell now
Morgan Stanley ratings
We don't have any rating published in the last month for Morgan Stanley
Morgan Stanley stock analysis
Since in September 2020, Morgan Stanley has been printing an uptrend that by now marked an amazing 113.02%. The price shows higher peaks and higher troughs, and along the way gave some buying opportunities for those who wanted to enter. Latest low was in mid-June, when price bounced at $83.91. On July 21, Morgan Stanley broke out above its last top ($94.27) giving a good buy point
$MS at Highs
Last Friday, Morgan Stanley reached new all-time highs (ATH) again at $97.17
SMAs overview
Supports and resistances
Price is at highs and there are not upper resistances.
The current support levels are:
Bollinger bands
Since the price surpassed the upper band last Monday, the price has been corrected downwards by 0.61%. The price is trading near to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a sell point, as price can trade in these levels for many days and weeks
Relative strength index
The RSI dropped below the overbought level of 70 in early June after just crossing to the overbough zone for 1 day (weak signal). The RSI value on Wednesday was 61.58. Since then, Morgan Stanley shares rose a 2.25%
Morgan Stanley stock price history
Morgan Stanley went public priced at an adjusted price1 of $4.16 on Feb 1993. Since then, MS stock surged by 2,209.38%, with an average of 78.91% per year. An investment of thousand dollars on the IPO would have a value of $23,093.75 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Morgan Stanley stock
Nobody knows how much a share will be priced in the future. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.
Along with buy or sell recommendations, financial institutions publish their price target based on the stock price action and the company fundamental data. Most of these forecasts follow the release of new financial data by the company, and usually. If you are a small trader you must not trade based on these predictions.
We don't have any target price posted in the previous 30 days for Morgan Stanley.
Earnings and financials
On July 15, Morgan Stanley ($MS) posted adjusted EPS for that surpassed Market expectations. Quarterly EPS was $1.85 per share versus the estimated $1.65. This quarterly report means an earnings surprise of 12.12%.
This compares to Earnings of $1.96 per share a year ago, so posted EPS is a decrease of -5.61%. Looking at revenues, figures went up a 10.03% compared to $134.1B same quarter a year ago.Morgan Stanley ($MS) will host the quarterly earnings call next October. Market analysts analysts estimate of $1.60, that is a 13.51% lower than Q2.
Morgan Stanley performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| Morgan Stanley ($MS) | 5.50% | 15.50% | 38.90% |
Please read:
The thoughts given in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this article does not have an understanding of the individual situations of the reader, his or her finances or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are expressed for informational reasons onlyMorgan Stanley summary
| Wednesday, July 28th, 2021 | |
|---|---|
| Open | $96.51 |
| Close | $96.07 |
| Day range | $95.55 - $96.89 |
| Previous close | $96.48 |
| Session gain | -0.42% |
| Average true range | $3.59 |
| 50d mov avg | $90.70 |
| 100d mov avg | $86.05 |
| 200d mov avg | $75.42 |
| Earnings date | October 13th, 2021 |