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Bullish Moving Average Cross by Morgan Stanley (MS)

By James Quinn

Today, shares of Morgan Stanley (NYSE:MS) have advanced above their 10-day MA of $42.94 on a volume of 2.2 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.

Morgan Stanley share prices have moved between a 52-week high of $52.44 and a 52-week low of $36.74 and are now trading 19% above that low price at $43.55 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.2%.

SmarTrend is monitoring the recent change of momentum in Morgan Stanley. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Morgan Stanley in search of a potential trend change.

Keywords: moving crosses Morgan Stanley

Ticker(s): MS