Bank Stock Flashing Bull Signal
From Yahoo Finance: 2025-04-01 14:47:00
Morgan Stanley (NYSE:MS) stock is down 1.1% at $115.35 due to disappointing global deal activity and lower first-quarter revenue from U.S. mergers and acquisitions amid President Donald Trump’s tariffs. The bank stock has fallen 8.1% in 2025, presenting a ‘buy the dip’ opportunity similar to sector peer Deutsche Bank.
Morgan Stanley recently pulled back to its 200-day moving average, a move that historically produced gains after a prolonged period above that trendline. This has occurred five times in the past three years, resulting in the stock being higher a month later 80% of the time, averaging a 6.6% gain placing the stock just below $123.
An unwinding of pessimism among short-term traders could provide additional tailwinds for Morgan Stanley. The Schaeffer’s put/call open interest ratio (SOIR) of 1.55 ranks at the top of annual readings, and the stock has outperformed options traders’ volatility expectations in the past year with a Schaeffer’s Volatility Scorecard (SVS) of 86 out of 100.
Read more at Yahoo Finance: Bank Stock Flashing Bull Signal