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Archive - 11/8/2024 - Sign In to see current Signals. |
Microsoft Corp. (MSFT) Technical Analysis
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| Summary:
| | Weekly : | | Daily : Move cursor over the icon to see details.
| | It was a first positive week for the Microsoft Corp. (MSFT). During the week, the MSFT gained 12.30 points, or 3.00%, and closed at 422.70 on Friday, November 8, 2024. It was the best weekly gain since September 13, 2024. MSFT was trading at average weekly trading volume. MSFT is a member of Information Technology Sector. Information Technology 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 MSFT long-term trend chart] A long-term uptrend had started on November 4, 2022 at 213.43 and reached 468.35 on July 5, 2024. MSFT gained -254.92 points, or -119.44%, in 87 weeks. The chart has formed a Rising Channel chart pattern. The price is near the trend support (427.81) line. The support is usually stronger when technical indicators are oversold. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with price testing the trend support line in a long-term trend. Medium-term trend: [See MSFT medium-term trend chart] A medium-term downtrend had started on July 5, 2024 at 468.35 and reached 385.58 on August 5, 2024. MSFT lost 82.77 points, or 17.67%, in 4 weeks. The price is now at the 44.85% retracement level. Weekly Technical Indicators: [See MSFT weekly technical indicators chart] Weekly technical indicators are neutral. The weekly MACD line is below its signal line since July 19, 2024. This is an indication that the medium-term trend is down. Use the following link to access a MACD help. Short-term trend: [See MSFT short-term trend chart] A short-term downtrend had started on October 30, 2024 at 438.50 and reached 405.60 on November 4, 2024. MSFT lost 32.90 points, or 7.50%, in 5 days. The price is now at the 51.98% retracement level. Daily Technical Indicators: [See MSFT daily technical indicators chart] Daily technical indicators are neutral. During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band. During the last week, the price has advanced above the 50 Day Moving Average. Such crossover is considered a bullish signal. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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