Microsoft Corporation Stock Analysis
Technical stock analysis for 18 January 2019
Microsoft Corporation gained 1.50% in the last trading day, rising from $106.12 to $107.71 , and has now gained 5 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. The price has risen in 7 of the last 10 days and is up by 5.67% over the past 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 10.36 million more shares were traded than the day before. In total, 37.24 million shares bought and sold for approximately $4 011.50 million.
Close price at the end of the last trading day (Friday, 18th Jan 2019) of the MSFT stock was $107.71. This is 1.5% more than the trading day before Thursday, 17th Jan 2019.
During day the stock fluctuated 1.88% from a day low at $105.91 to a day high of $107.90.
30 day high of the MSFT stock price was $107.90 and low was $93.96.
90 day high was $113.42 and low was $93.96.
52 week high for the Microsoft Corporation - $116.18 and low - $83.83.
Microsoft Corporation lies the upper part of a wide and falling trend in the short term, and this will normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $109.15 will firstly indicate a slower falling rate, but may be the first sign of a trend shift. Given the current short-term trend, the stock is expected to fall -5.04% during the next 3 months and, with 90% probability hold a price between $87.85 and $103.65 at the end of this period.
Only positive signals in the chart today. Microsoft Corporation holds buy signals from both short- and long-term moving averages. In addition, 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 $104.67 and $104.51. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Monday January 14, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSI14 is 68 and the stock is currently not being overbought or oversold
Support & Resistance
Microsoft Corporation finds support from accumulated volume at $103.69.
This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $1.99 (1.88%) between high and low. For the last week, the stock has had a daily average volatility of 1.92%.
Our recommended stoploss: $103.19 (-4.20%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 4 days ago.)
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Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term.
|MSFT $107.71 $1.59(1.50%)|
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