MSCI Inc., together with its subsidiaries, provides a suite of
performance, risk management, and corporate governance products and
services worldwide. The company operates in two segments, Performance
and Risk, and Governance. The Performance and Risk segment offers
investment decision support tools, including equity indices, real estate
indices and benchmarks, portfolio risk and performance analytics, and
credit analytics, as well as environmental, social, and governance
products. The Governance segment provides corporate governance products
and services to institutional investors and corporations. It offers
global equity security coverage and fully integrated products and
services, including proxy voting; policy creation, application, and
management; research; vote recommendations; vote execution; post-vote
disclosure and reporting; and data and analytical tools.
To review MSCI’s stock, please take a look at the 1-year chart of MSCI (MSCI, Inc.) below with my added notations:
Over the last 3-4 months MSCI had created a strong level of
resistance at $45 (blue), which also constituted a 52-week high
resistance. A breakthrough that level would most likely mean higher
prices for the stock. As you can see from the chart, MSCI finally broke
higher earlier this week and should be hitting new highs moving forward.
The Tale of the Tape: MSCI broke out to a new
52-week high. A long trade could be made near $45 with a stop placed
below that level. A break back below $45 would negate the forecast for a
continued move higher.
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