MS Bands Narrow to Multi-Week Lows at $189.17
Morgan Stanley (MS) slipped 0.76% to $189.17 on November 13.
Key indicators suggest a bullish bias:
Moving Averages
Price trades above the 9-day EMA ($187.44) with a bullish stack. The 21-day EMA at $187.39 provides support.
Momentum
RSI at 51.0 is neutral but improving. MACD reads -0.93 against its -2.02 signal line (bullish).
Volatility
Volatility has been compressing for 17 sessions (TTM Squeeze active), often a precursor to directional moves.
The $177.33-$193.44 range defines near-term boundaries.
