American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Morgan Stanley enjoys a lull from losses - Analysis - 16-10-2018

Economies.com
2018-10-16 13:56PM UTC

Morgan Stanley's stock rose a marginal 0.09%, or 0.04 points amid the dominance of the main downward trend in the short term, while venting off oversold saturation in the RSI, amid negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, especially if the support of 43.06 was breached, targeting the next one at 41.05. 

 

Expected Trend for Today: Bearish 

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