Stronger technical forecast for MicroStrategy Incorporated stock price after Thursday trading

The MicroStrategy Incorporated stock price gained 0.392% on the last trading day (Thursday, 1st May 2025), rising from $380.11 to $381.60. During the last trading day the stock fluctuated 6.00% from a day low at $381.04 to a day high of $403.90. The price has risen in 9 of the last 10 days and is up by 22.44% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 17 million shares were bought and sold for approximately $6.33 billion.

On Apr 01, 2025, it was reported that Monness gave MSTR a "Sell" grade with a "downgrade" action.

The stock has broken the very wide and weak rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $353.27, a level that may pose a second chance to hit a runner. According to fan-theory $461.53 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.

Mostly positive signals in the chart today. The MicroStrategy Incorporated stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $368.17 and $314.75. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday, April 08, 2025, and so far it has risen 60.37%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal.

On the downside, the stock finds support just below today's level from accumulated volume at $308.55 and $296.86.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, MicroStrategy Incorporated finds support just below today's level at $308.55. If this is broken, then the next support from accumulated volume will be at $296.86 and $293.61.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $22.86 between high and low, or 6.00%. For the last week, the stock has had daily average volatility of 5.53%.

The MicroStrategy Incorporated stock is extremely overbought on RSI14 (98). Normally this may pose a good selling opportunity but since the stock has broken the trend up, the chance for a major correction due to high RSI is very small as the stock will find support at the trend broken.

Several short-term signals are positive and the stock has broke the rising trend up, which indicates an even stronger rate of rising. We conclude that the current level may hold a buying opportunity as there is a fair chance for MicroStrategy Incorporated stock to perform well in the short-term period.We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.