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Archive - 4/19/2024 - Sign In to see current Signals. |
MSCI Inc (MSCI) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was the negative week for the MSCI Inc (MSCI). During the week, the MSCI dropped -16.55 points, or -3.14%, and closed at 510.07 on Friday, April 19, 2024. Weekly volume was 60% above average. MSCI is a member of Financials Sector. Financials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry. Long-term trend: [See MSCI long-term trend chart] A long-term uptrend had started on May 24, 2023 at 451.55 and reached 617.39 on January 30, 2024. MSCI gained -165.84 points, or -36.73%, in 35 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 466.77 and resistance is at 640.42. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend. Medium-term trend: [See MSCI medium-term trend chart] A medium-term uptrend had started on November 1, 2023 at 458.99 and reached 617.39 on January 30, 2024. MSCI gained -158.40 points, or -34.51%, in 12 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (612.72) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. MSCI may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend. Weekly Technical Indicators: [See MSCI weekly technical indicators chart] Weekly Lane's Stochastic is oversold while Williams' Percentage Range is strongly oversold. Use the Technical Stock Screener to see the list of stocks with oversold weekly Lane's Stochastic or strongly oversold weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help. The weekly MACD line is below its signal line since March 8, 2024. Use the following link to access a MACD help. Short-term trend: [See MSCI short-term trend chart] A short-term downtrend had started on January 30, 2024 at 617.39 and reached 499.77 on April 18, 2024. MSCI lost 117.62 points, or 19.05%, in 79 days. The chart has formed a Falling Wedge chart pattern. Daily Technical Indicators: [See MSCI daily technical indicators chart] Daily Williams' Percentage Range and Lane's Stochastic are oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range and Lane's Stochastic. The daily MACD line is below its signal line since April 1, 2024. This is an indication that the short-term trend is down.
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Daily Oscillators |
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Weekly Oscillators |
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Trading
Signals |
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Sector and
Industry |
Description |
Name |
Rank |
Sector |
Financials |
9 |
Industry |
Financial Exchanges & Data |
28 |
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Daily Trend |
Description |
Value |
Direction |
Down |
Chart Pattern |
Falling Wedge |
High |
617.39 |
High Date |
01/30/2024 |
Low |
499.77 |
Low Date |
04/18/2024 |
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Weekly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Broken Support |
Resistance |
718.88 |
Support |
612.72 |
Low |
458.99 |
Low Date |
11/01/2023 |
High |
617.39 |
High Date |
01/30/2024 |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Broadening Ascending Wedge |
Status |
Valid |
Resistance |
640.42 |
Support |
466.77 |
Low |
451.55 |
Low Date |
05/24/2023 |
High |
617.39 |
High Date |
01/30/2024 |
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Quarterly Trend |
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Description |
Value |
Direction |
Up |
Chart Pattern |
Uptrend |
Status |
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Resistance |
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Support |
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Low |
376.41 |
Low Date |
05/09/2022 |
High |
617.39 |
High Date |
01/30/2024 |
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Description |
Value |
Direction |
Down |
Chart Pattern |
DownTrend |
Status |
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Resistance |
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Support |
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High |
679.85 |
High Date |
11/16/2021 |
Low |
376.41 |
Low Date |
05/09/2022 |
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