Want to know the current price of Morgan Stanley and what will happen to MS shares next? On this page, we share the latest Morgan Stanley news and share buying tips. You can also view the latest Morgan Stanley Forecast for 2022 and 2023 from our experts.
Should You Buy or Sell Morgan Stanley Shares Today? To what levels can the shares of this company rise in a year, two, three? How much will Morgan Stanley be worth in 2021, 2022, 2023? We have been making currency rate forecasts for a long time, and we can also predict the behavior of the stock market using technical analysis and simple indicators.
We also take into account the technical, fundamental analysis of stocks, the news background, the general geopolitical situation in the world and other, smaller factors. The stock forecasts indicate target levels for MS stock, both up and down.
Morgan Stanley Forecast for 2022 and 2023
Quotes of Morgan Stanley continue to move within the framework of the rise and the bullish channel. The moving averages indicate a short-term bullish trend for MS stock. Prices have gone up from the area between the signal lines, which indicates pressure from buyers of securities and a likely continuation of growth in the near future. At the time of publication of the forecast, the price of Morgan Stanley shares is 104.31 per share. As part of the forecast, we should expect an attempt to fall and a test of the support level near the area of 90.05. Further, the price bounces up and the continued rise in the value of securities. The potential target of such a movement in shares is the area above the level of 140.55 already in 2021, 2022, 2023.
An additional signal in favor of the growth of Morgan Stanley quotes will be a test of the support line on the relative strength index (RSI). The second signal will be a rebound from the lower border of the bullish channel. Cancellation of the option to raise the price of MS shares will be a fall and a breakdown of the level of 85.05. This will indicate a breakdown of the lower boundary of the ascending channel, in which case we can consider a continuation of the decline in securities to the area at the level of 55.05. It is worth waiting for confirmation of the rise in shares with a breakdown of the resistance area and closing above the level of 110.05.
Morgan Stanley Forecast for 2022 and 2023 suggests an attempt to develop a decline and test the support area near the level of 90.05. Where should we expect a rebound and an attempt to continue the rise of shares in the area above the level of 140.55. In favor of the growth of securities, a test of the trend line on the relative strength index (RSI) will come out. Cancellation of the MS rise option will be a fall and a breakdown of the level of 85.05. This will indicate a breakdown of the lower border of the bullish channel and a continuation of the fall in value to the area below the level of 55.05.
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