Morgan Stanley(MS) has rising momentum with an uptrend

(29-Apr-2008) (29-Apr-2008) Morgan Stanley(MS) closed at 48.96, down -0.95 or -1.9 % today. Based on our analysis, Morgan Stanley(MS) has rising momentum with an uptrend.

The closing price of Morgan Stanley(MS) is above its 50 day moving average of 44.97 (Designated by blue line). This indicates that the trend is up. The MACD histogram(Gray bars on the bottom) above the signal line(Dark Red Line) tells us that Morgan Stanley(MS) is gaining momentum. An uptrend with with rising momentum is a good omen for the stock. The MACD histogram crossed above the signal line on 21-Apr-2008, about 8 trading days ago.