Microsoft Stock Forecast

Microsoft stock price ended at $409.06 on Wednesday, after gaining 0.366%.
(Updated on Apr 24, 2024)

MSFT Signals & Forecast

There are mixed signals in the stock today. The Microsoft stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $417.07. On a fall, the stock will find some support from the short-term average at $406.77. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Friday, April 19, 2024, and so far it has risen 2.49%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.

Support, Risk & Stop-loss for Microsoft stock

Microsoft finds support from accumulated volume at $403.78 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $5.68 (1.40%) between high and low. For the last week, the stock has had daily average volatility of 1.67%.

Our recommended stop-loss: $389.37 (-4.81%) (This stock has low daily movements and this gives low risk. There is a buy signal from a pivot bottom found 3 days ago.)

Trading Expectations (MSFT) For The Upcoming Trading Day Of Thursday 25th

For the upcoming trading day on Thursday, 25th we expect Microsoft Corporation to open at $409.43, and during the day (based on 14 day Average True Range), to move between $401.92 and $416.20, which gives a possible trading interval of +/-$7.14 (+/-1.75%) up or down from last closing price. If Microsoft Corporation takes out the full calculated possible swing range there will be an estimated 3.49% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $413.64 (1.12%) than the support at $403.78 (1.29%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Microsoft Corporation stock A Buy?

Microsoft holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.985 Hold/Accumulate Unchanged

Predicted Opening Price for Microsoft Corporation of Thursday, April 25, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.