MICROSOFT CORP. - 1H - Technical analysis published on 01/06/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
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Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 226.99 USD
My targets
213.64 USD (-3.90%)
197.77 USD (-11.04%)
My analysis
The bearish trend is currently very strong for MICROSOFT CORP.. As long as the price remains below the resistance at 226.99 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 213.64 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 197.77 USD as an objective. Crossing it would then enable sellers to target 183.44 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
7.5
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This analysis was given by kenneth6411a. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICROSOFT CORP. rating is 222.31 USD. The price registered a decrease of -2.96% on the session and was between 221.76 USD and 227.55 USD. This implies that the price is at +0.25% from its lowest and at -2.30% from its highest.221.76
227.55
222.31
Here is a more detailed summary of the historical variations registered by MICROSOFT CORP.:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of MICROSOFT CORP. in 1H shows a overall strongly bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, 11 technical indicators on 18 studied are currently bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish engulfing lines
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 132.01 | 183.44 | 213.64 | 222.31 | 226.99 | 233.97 | 240.71 |
| Change (%) | -40.62% | -17.48% | -3.90% | - | +2.11% | +5.24% | +8.28% |
| Change | -90.30 | -38.87 | -8.67 | - | +4.68 | +11.66 | +18.40 |
| Level | Major | Intermediate | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 214.41 | 218.08 | 220.20 | 223.87 | 225.99 | 229.66 | 231.78 |
| Camarilla | 220.72 | 221.25 | 221.78 | 222.31 | 222.84 | 223.37 | 223.90 |
| Woodie | 213.63 | 217.69 | 219.42 | 223.48 | 225.21 | 229.27 | 231.00 |
| Fibonacci | 218.08 | 220.30 | 221.66 | 223.87 | 226.09 | 227.45 | 229.66 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 227.60 | 230.89 | 235.35 | 238.64 | 243.10 | 246.39 | 250.85 |
| Camarilla | 237.69 | 238.40 | 239.11 | 239.82 | 240.53 | 241.24 | 241.95 |
| Woodie | 228.20 | 231.18 | 235.95 | 238.93 | 243.70 | 246.68 | 251.45 |
| Fibonacci | 230.89 | 233.85 | 235.68 | 238.64 | 241.60 | 243.43 | 246.39 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 197.77 | 215.82 | 227.82 | 245.87 | 257.87 | 275.92 | 287.92 |
| Camarilla | 231.56 | 234.31 | 237.07 | 239.82 | 242.58 | 245.33 | 248.08 |
| Woodie | 194.75 | 214.31 | 224.80 | 244.36 | 254.85 | 274.41 | 284.90 |
| Fibonacci | 215.82 | 227.30 | 234.39 | 245.87 | 257.35 | 264.44 | 275.92 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 28.71 | |
| MACD (12,26,9): | -3.9500 | |
| Directional Movement: | -25.06 | |
| AROON (14): | -85.71 | |
| DEMA (21): | 223.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 231.38 | |
| Elder Ray (13): | -3.28 | |
| Super Trend (3,10): | 230.74 | |
| Zig ZAG (10): | 222.31 | |
| VORTEX (21): | 0.7900 | |
| Stochastique (14,3,5): | 9.40 | |
| TEMA (21): | 221.46 | |
| Williams %R (14): | -95.05 | |
| Chande Momentum Oscillator (20): | -5.27 | |
| Repulse (5,40,3): | -0.8500 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.2100 | |
| Courbe Coppock: | 10.53 |
| MA7: | 234.76 | |
| MA20: | 242.22 | |
| MA50: | 239.97 | |
| MA100: | 245.85 | |
| MAexp7: | 224.17 | |
| MAexp20: | 228.51 | |
| MAexp50: | 233.53 | |
| MAexp100: | 237.55 | |
| Price / MA7: | -5.30% | |
| Price / MA20: | -8.22% | |
| Price / MA50: | -7.36% | |
| Price / MA100: | -9.57% | |
| Price / MAexp7: | -0.83% | |
| Price / MAexp20: | -2.71% | |
| Price / MAexp50: | -4.80% | |
| Price / MAexp100: | -6.42% |
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:
- Wejo Adopts Microsoft Connected Fleets Reference Architecture
- Planon partners with Microsoft to extend its cloud offering and joins Microsoft's Azure Marketplace
- Planon partners with Microsoft to extend its cloud offering and joins Microsoft's Azure Marketplace
- Thinking about trading options or stock in Microsoft, NVIDIA, Apple, Netflix, or Coinbase Global?
- ReNew Power signs 150 MW Agreement with Microsoft
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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