Morgan Stanley stock price forecast bearish despite earnings surprise
Tổng quan phân tích kỹ thuật Morgan Stanley, Inc: Bán
| Chỉ thị | Giá trị | Tín hiệu |
| RSI | Trung lập | |
| MACD | Bán | |
| Donchian Channel | Trung lập | |
| MA(200) | Mua | |
| Fractals | Trung lập | |
| Parabolic SAR | Bán |
Phân tích biểu đồ
The technical analysis of the Morgan Stanley stock price chart on daily timeframe shows #S-MS, Daily is testing the 200-day moving average MA(200) which is rising. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 92.93. This level can be used as an entry point for placing a pending order to sell. The stop loss can be placed above the upper boundary of Donchian channel at 106.36. After placing the order, the stop loss is to be moved every day to the next fractal high, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (106.36) without reaching the order (92.93), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.
Phân tích vĩ mô -
Morgan Stanley stock edged up after better than expected quarterly results. Will the Morgan Stanley stock price continue rebounding?
Morgan Stanley is a global investment bank and financial services company with market capitalization at $176.62 billion. The company is active in three primary segments: institutional securities, wealth management, and investment management. The stock is trading at P/E ratio (Trailing Twelve Months) of 12.51 currently, the company earned $58.27 billion revenue (ttm) and Return on Equity (ttm) of 15.05%. The Federal Reserve has signaled it is planning at least three quarter-point interest rate increases in 2022 and reduction of its balance sheet. The next Fed meeting is scheduled for January 25-26. The tightening of monetary policy involving higher interest rates is beneficial for financial companies which make money on providing loans. Morgan Stanley posted better than expected results in third quarter: total revenue increased 26% over year to $14.8 billion, while total assets increased 16% to $4.6 trillion between December 2020 and September 2021. However Morgan Stanley stock lost 4.8% Tuesday after Goldman Sachs missed quarterly profit expectations and plunged 7%, apparently traders expected higher Morgan Stanley expenses also would hurt its fourth quarter earnings. Nevertheless, the company surprised by reporting overall quarterly revenue of $14.5 billion compared with $13.6 billion a year ago– and compensation expense was roughly flat during the quarter compared with a year ago, while for the year net income surged 37% to $15 billion and revenue jumped 23% to nearly $60 billion. The stock closed 1.67% higher on the day. However the chart analysis shows the current setup is bearish for Morgan Stanley stock.