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Morgan Stanley Bullish Moving Average Crossover Alert (MS)

By Nick Russo

Today, shares of Morgan Stanley (NYSE:MS) have advanced above their 10-day MA of $53.46 on a volume of 1.8 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.

In the past 52 weeks, Morgan Stanley share prices have been bracketed by a low of $23.11 and a high of $59.38 and are now at $53.82, 133% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.9% while the 50-day MA has advanced 0.8%.

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

Ticker(s): MS