MICROSOFT CORP.
MICROSOFT CORP.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MSFT
ISIN:

MICROSOFT CORP. - Daily - Technical analysis published on 10/10/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 316.48 USD
My targets
337.57 USD (+2.40%)
358.72 USD (+8.82%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on MICROSOFT CORP. as long as the price remains well above 316.48 USD. The buyers' bullish objective is set at 337.57 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 358.72 USD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
5.4

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The MICROSOFT CORP. rating is 329.65 USD. On the day, this instrument lost -0.05% and was traded between 327.99 USD and 331.10 USD over the period. The price is currently at +0.51% from its lowest and -0.44% from its highest.

327.99
331.10
329.65

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this MICROSOFT CORP. chart shows a bullish trend. 64.29% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. An assessment of moving averages reveals a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily



Technical indicators are strongly bullish, suggesting that the price increase should continue.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

The Central Indicators scanner specialised in technical indicators, has not detected anything further.

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 274.18 290.01 316.48 329.65 337.57 358.72
Change (%) -16.83% -12.02% -4.00% - +2.40% +8.82%
Change -55.47 -39.64 -13.17 - +7.92 +29.07
Level Minor Intermediate Major - Major Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard318.11320.65325.23327.77332.35334.89339.47
Camarilla327.86328.52329.17329.82330.47331.13331.78
Woodie319.14321.16326.26328.28333.38335.40340.50
Fibonacci320.65323.37325.05327.77330.49332.17334.89


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard297.94304.57315.92322.55333.90340.53351.88
Camarilla322.32323.96325.61327.26328.91330.56332.21
Woodie300.29305.75318.27323.73336.25341.71354.23
Fibonacci304.57311.44315.69322.55329.42333.67340.53


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard271.77290.61303.18322.02334.59353.43366.00
Camarilla307.11309.99312.87315.75318.63321.51324.39
Woodie268.64289.04300.05320.45331.46351.86362.87
Fibonacci290.61302.61310.02322.02334.02341.43353.43

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.68
MACD (12,26,9): -0.6500
Directional Movement: 4.79
AROON (14): 57.14
DEMA (21): 321.57
Parabolic SAR (0,02-0,02-0,2): 312.31
Elder Ray (13): 6.65
Super Trend (3,10): 309.71
Zig ZAG (10): 329.90
VORTEX (21): 0.9000
Stochastique (14,3,5): 93.81
TEMA (21): 322.64
Williams %R (14): -6.74
Chande Momentum Oscillator (20): 12.94
Repulse (5,40,3): 3.4400
ROCnROLL: 1
TRIX (15,9): -0.1000
Courbe Coppock: 2.10
MA7: 322.88
MA20: 322.61
MA50: 324.73
MA100: 329.68
MAexp7: 324.37
MAexp20: 323.07
MAexp50: 324.93
MAexp100: 320.20
Price / MA7: +2.10%
Price / MA20: +2.18%
Price / MA50: +1.52%
Price / MA100: -0.01%
Price / MAexp7: +1.63%
Price / MAexp20: +2.04%
Price / MAexp50: +1.45%
Price / MAexp100: +2.95%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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