MICROSOFT CORP. - Daily - Technical analysis published on 01/03/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
28%
6%
67%
My opinion
Bullish above 336.89 USD
My targets
382.70 USD (+2.85%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 336.89 USD remains possible. It is advisable to trade MICROSOFT CORP. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 336.89 USD. The next bullish objective for buyers is set at 382.70 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 336.89 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.9
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Additional analysis
Quotes
MICROSOFT CORP. rating 372.08 USD. On the day, this instrument gained +0.33% and was between 368.51 USD and 373.26 USD. This implies that the price is at +0.97% from its lowest and at -0.32% from its highest.368.51
373.26
372.08
A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 MICROSOFT CORP. in Daily shows an overall bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 20
Type : Bearish
Timeframe : Daily
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
Momentum indicator is back over 0
Type : Bullish
Timeframe : Daily
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : Daily
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 | 275.78 | 311.12 | 336.89 | 372.08 | 374.38 | 382.70 |
| Change (%) | -25.88% | -16.38% | -9.46% | - | +0.62% | +2.85% |
| Change | -96.30 | -60.96 | -35.19 | - | +2.30 | +10.62 |
| Level | Intermediate | Major | Major | - | Major | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 357.33 | 362.05 | 366.46 | 371.18 | 375.59 | 380.31 | 384.72 |
| Camarilla | 368.36 | 369.20 | 370.03 | 370.87 | 371.71 | 372.54 | 373.38 |
| Woodie | 357.18 | 361.97 | 366.31 | 371.10 | 375.44 | 380.23 | 384.57 |
| Fibonacci | 362.05 | 365.54 | 367.69 | 371.18 | 374.67 | 376.82 | 380.31 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 369.16 | 370.99 | 373.51 | 375.34 | 377.86 | 379.69 | 382.21 |
| Camarilla | 374.84 | 375.24 | 375.64 | 376.04 | 376.44 | 376.84 | 377.24 |
| Woodie | 369.52 | 371.16 | 373.87 | 375.51 | 378.22 | 379.86 | 382.57 |
| Fibonacci | 370.99 | 372.65 | 373.68 | 375.34 | 377.00 | 378.03 | 379.69 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 351.31 | 357.11 | 366.57 | 372.37 | 381.83 | 387.63 | 397.09 |
| Camarilla | 371.84 | 373.24 | 374.64 | 376.04 | 377.44 | 378.84 | 380.24 |
| Woodie | 353.15 | 358.03 | 368.41 | 373.29 | 383.67 | 388.55 | 398.93 |
| Fibonacci | 357.11 | 362.94 | 366.54 | 372.37 | 378.20 | 381.80 | 387.63 |
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): | 51.85 | |
| MACD (12,26,9): | 1.9900 | |
| Directional Movement: | -0.03 | |
| AROON (14): | -7.15 | |
| DEMA (21): | 375.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 366.30 | |
| Elder Ray (13): | -2.23 | |
| Super Trend (3,10): | 362.34 | |
| Zig ZAG (10): | 372.13 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 65.80 | |
| TEMA (21): | 372.63 | |
| Williams %R (14): | -40.93 | |
| Chande Momentum Oscillator (20): | 6.20 | |
| Repulse (5,40,3): | 0.7100 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.1000 | |
| Courbe Coppock: | 0.91 |
| MA7: | 373.94 | |
| MA20: | 372.55 | |
| MA50: | 365.03 | |
| MA100: | 344.84 | |
| MAexp7: | 373.17 | |
| MAexp20: | 372.40 | |
| MAexp50: | 364.04 | |
| MAexp100: | 350.37 | |
| Price / MA7: | -0.50% | |
| Price / MA20: | -0.13% | |
| Price / MA50: | +1.93% | |
| Price / MA100: | +7.90% | |
| Price / MAexp7: | -0.29% | |
| Price / MAexp20: | -0.09% | |
| Price / MAexp50: | +2.21% | |
| Price / MAexp100: | +6.20% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
Don't forget to follow the news on MICROSOFT CORP.. At the time of publication of this analysis, the latest news was as follows:
- Senkron.Energy's OnePact Will Empower Sustainable Energy Generation in Extended Collaboration with Microsoft
- Mangata Networks Forges Strategic Collaboration with Microsoft to Pioneer AI-Enabled Edge Cloud Connectivity via Satellite
- Chestnut Carbon to Deliver High-Quality Carbon Removal Credits through a Multi-year Offtake Agreement with Microsoft
- Elevat Announces Groundbreaking Technical Partnership with Microsoft to Revolutionize IoT with the Heavy Machinery industries
- Sonata To Enable Bayer's New AgPowered Services for Machine Data Connectivity with Leading OEMs, Powered by Harmoni.AI And Microsoft Fabric
This member declared not having a position on this financial instrument or a related financial instrument.
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