Morgan Stanley Bearish Moving Average Crossover Alert (MS)
Today, shares of Morgan Stanley (NYSE:MS) have crossed bearishly below their 10-day moving average of $25.49 on a volume of 2.5 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.
In the past 52 weeks, shares of Morgan Stanley have traded between a low of $21.16 and a high of $41.04 and are now at $25.11, which is 19% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has slid 0.9%.
SmarTrend is tracking the current trend status for Morgan Stanley and will alert subscribers who have MS in their portfolio or watchlist when shares have changed trend direction.
Keywords: moving crosses Morgan Stanley