MSCI Inc.
Company Overview: MSCI Inc. (NYSE: MSCI) is a provider of critical decision support tools and solutions for the global investment community. Its operating segments include Index, Analytics, ESG and Climate, and All Other - Private Assets. Its indexes are used in various areas of the investment process, including indexed product creation, performance benchmarking, portfolio construction and rebalancing, and asset allocation.
As per our previous report published on MSCI as on 12th May 2022, Kalkine provided an ‘Buy’ stance on the stock at USD 387.40 based in the “Diversified Opportunities” Report based on ‘Robust margins, growth in company's net income, ability to generate free cash flows, consistent track record of dividends and upside indicated based on Valuation done’, and the stock price has now moved by ~23.94% since then and the price is now moved above the Resistance 1 level and even crossed resistance R2.
Below are the details of support and resistance levels provided in our previous report:
MSCI’s Daily Chart
Considering the resistance, target level attainment, current trading levels, and volatile market condition on the back of rising interest rates, a “Sell” rating is assigned to the “MSCI” stock at the current market price of USD 480.13 (as of July 29, 2022, at 08:29 AM PDT)
Note: This report may be updated with details around fundamental and technical analysis, price/ chart in due course, as appropriate
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 21 July 2022. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Note 4: Target Price refers to a price level which the stock is expected to reach as per the relative valuation method and or technical analysis taking into consideration both short-term and long-term scenarios.
Note 5: ‘Kalkine reports are prepared based on the stock prices captured either from the New York Stock Exchange (NYSE), NASDAQ Capital Markets (NASDAQ), and or REFINITIV. Typically, all sources (NYSE, NASDAQ, or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.