MICROSOFT CORP. - 1H - Technical analysis published on 12/10/2021 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
94%
0%
6%
My opinion
Bullish above 335.80 USD
My targets
343.11 USD (+1.17%)
349.67 USD (+3.10%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MICROSOFT CORP. as long as the price remains well above 335.80 USD. The buyers' bullish objective is set at 343.11 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 349.67 USD.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
MICROSOFT CORP. rating 339.15 USD. The price registered an increase of +1.82% on the session and was traded between 334.79 USD and 342.70 USD over the period. The price is currently at +1.30% from its lowest and -1.04% from its highest.334.79
342.70
339.15
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MICROSOFT CORP.:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of MICROSOFT CORP. indicates that the overall trend is bullish. The signals returned by the moving averages are 75.00% bullish. This bullish trend is reinforced by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : 1 hour
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 330.05 | 335.80 | 338.83 | 339.15 | 343.11 | 349.67 |
| Change (%) | -2.68% | -0.99% | -0.09% | - | +1.17% | +3.10% |
| Change | -9.10 | -3.35 | -0.32 | - | +3.96 | +10.52 |
| Level | Intermediate | Minor | Major | - | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 326.95 | 329.53 | 331.32 | 333.90 | 335.69 | 338.27 | 340.06 |
| Camarilla | 331.90 | 332.30 | 332.70 | 333.10 | 333.50 | 333.90 | 334.30 |
| Woodie | 326.55 | 329.33 | 330.92 | 333.70 | 335.29 | 338.07 | 339.66 |
| Fibonacci | 329.53 | 331.20 | 332.23 | 333.90 | 335.57 | 336.60 | 338.27 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 293.02 | 305.52 | 314.27 | 326.77 | 335.52 | 348.02 | 356.77 |
| Camarilla | 317.17 | 319.11 | 321.06 | 323.01 | 324.96 | 326.91 | 328.85 |
| Woodie | 291.14 | 304.58 | 312.39 | 325.83 | 333.64 | 347.08 | 354.89 |
| Fibonacci | 305.52 | 313.64 | 318.66 | 326.77 | 334.89 | 339.91 | 348.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 298.12 | 312.24 | 321.42 | 335.54 | 344.72 | 358.84 | 368.02 |
| Camarilla | 324.18 | 326.32 | 328.45 | 330.59 | 332.73 | 334.86 | 337.00 |
| Woodie | 295.64 | 311.01 | 318.94 | 334.31 | 342.24 | 357.61 | 365.54 |
| Fibonacci | 312.24 | 321.14 | 326.64 | 335.54 | 344.44 | 349.94 | 358.84 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.44 | |
| MACD (12,26,9): | 2.2000 | |
| Directional Movement: | 23.39 | |
| AROON (14): | 92.86 | |
| DEMA (21): | 337.23 | |
| Parabolic SAR (0,02-0,02-0,2): | 332.54 | |
| Elder Ray (13): | 3.83 | |
| Super Trend (3,10): | 332.40 | |
| Zig ZAG (10): | 340.13 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 85.62 | |
| TEMA (21): | 338.84 | |
| Williams %R (14): | -20.14 | |
| Chande Momentum Oscillator (20): | 7.69 | |
| Repulse (5,40,3): | 1.1600 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0800 | |
| Courbe Coppock: | 2.27 |
| MA7: | 331.67 | |
| MA20: | 335.01 | |
| MA50: | 321.60 | |
| MA100: | 307.98 | |
| MAexp7: | 337.33 | |
| MAexp20: | 334.64 | |
| MAexp50: | 332.81 | |
| MAexp100: | 332.87 | |
| Price / MA7: | +2.26% | |
| Price / MA20: | +1.24% | |
| Price / MA50: | +5.46% | |
| Price / MA100: | +10.12% | |
| Price / MAexp7: | +0.54% | |
| Price / MAexp20: | +1.35% | |
| Price / MAexp50: | +1.90% | |
| Price / MAexp100: | +1.89% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on MICROSOFT CORP. at the time of the analysis were as follows:
- Canada’s DMV Veterinary Centers Deploys 8x8 Contact Center for Microsoft Teams to Meet Rapidly Increased Customer Demand
- Microsoft announces quarterly dividend
- New Survey Shows Growing Crisis of Trust with Microsoft and Legacy IT Vendors
- Citizens Extends Point-of-Sale Financing Offer to Microsoft Store
- Hexaware Technologies has Earned the Modernization of Web Applications to Microsoft Azure Advanced Specialization
This member declared not having a position on this financial instrument or a related financial instrument.
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