Morgan Stanley Bullish Moving Average Crossover Alert (MS)
Morgan Stanley (NYSE:MS) crossed over its 10-day moving average of $25.58 on a volume of 3.9 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.
Over the past year, Morgan Stanley has traded in a range of $21.16 to $41.04 and is now at $26.19, 24% above that low. The 200-day and 50-day moving averages have moved 0.87% lower and 0.83% higher over the past week, respectively.
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