MICROSOFT CORP. - Daily - Technical analysis published on 04/08/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
22%
17%
My opinion
Bullish above 402.12 USD
My targets
434.90 USD (+2.23%)
449.07 USD (+5.56%)
My analysis
The bullish trend is currently very strong on MICROSOFT CORP.. As long as the price remains above the support at 402.12 USD, you could try to benefit from the boom. The first bullish objective is located at 434.90 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 449.07 USD as an objective. Crossing it would then enable buyers to target 467.33 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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.
In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7.3
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICROSOFT CORP. price is 425.43 USD. The price is lower by -0.02% since the last closing with the lowest point at 423.30 USD and the highest point at 427.28 USD. The deviation from the price is +0.50% for the low point and -0.43% for the high point.423.30
427.28
425.43
The Central Gaps scanner detects a bearish opening. A small advantage for sellers 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 a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, of the 18 technical indicators analysed by Central Analyzer, 11 are bullish, 3 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified this signal:
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Near support of channel
Type : Bullish
Timeframe : Daily
From the Japanese candlestick perspective, the Central Candlesticks scanner notes the presence of these results that could impact the short-term trend:
Bearish harami
Type : Bearish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 381.99 | 402.12 | 419.77 | 425.43 | 429.37 |
| Change (%) | -10.21% | -5.48% | -1.33% | - | +0.93% |
| Change | -43.44 | -23.31 | -5.66 | - | +3.94 |
| Level | Minor | 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 |
|---|---|---|---|---|---|---|---|
| Standard | 412.20 | 415.26 | 420.39 | 423.45 | 428.58 | 431.64 | 436.77 |
| Camarilla | 423.27 | 424.02 | 424.77 | 425.52 | 426.27 | 427.02 | 427.77 |
| Woodie | 413.24 | 415.78 | 421.43 | 423.97 | 429.62 | 432.16 | 437.81 |
| Fibonacci | 415.26 | 418.39 | 420.32 | 423.45 | 426.58 | 428.51 | 431.64 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 408.07 | 412.82 | 419.17 | 423.92 | 430.27 | 435.02 | 441.37 |
| Camarilla | 422.47 | 423.49 | 424.50 | 425.52 | 426.54 | 427.56 | 428.57 |
| Woodie | 408.87 | 413.22 | 419.97 | 424.32 | 431.07 | 435.42 | 442.17 |
| Fibonacci | 412.82 | 417.06 | 419.68 | 423.92 | 428.16 | 430.78 | 435.02 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 370.04 | 384.21 | 402.47 | 416.64 | 434.90 | 449.07 | 467.33 |
| Camarilla | 411.80 | 414.78 | 417.75 | 420.72 | 423.69 | 426.67 | 429.64 |
| Woodie | 372.08 | 385.23 | 404.51 | 417.66 | 436.94 | 450.09 | 469.37 |
| Fibonacci | 384.21 | 396.60 | 404.26 | 416.64 | 429.03 | 436.69 | 449.07 |
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): | 58.05 | |
| MACD (12,26,9): | 3.5000 | |
| Directional Movement: | 12.24 | |
| AROON (14): | 21.43 | |
| DEMA (21): | 425.13 | |
| Parabolic SAR (0,02-0,02-0,2): | 430.30 | |
| Elder Ray (13): | 3.49 | |
| Super Trend (3,10): | 406.85 | |
| Zig ZAG (10): | 425.30 | |
| VORTEX (21): | 1.0400 | |
| Stochastique (14,3,5): | 53.20 | |
| TEMA (21): | 424.28 | |
| Williams %R (14): | -38.05 | |
| Chande Momentum Oscillator (20): | -0.17 | |
| Repulse (5,40,3): | -0.0900 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.1400 | |
| Courbe Coppock: | 2.25 |
| MA7: | 422.26 | |
| MA20: | 421.02 | |
| MA50: | 413.21 | |
| MA100: | 395.12 | |
| MAexp7: | 422.83 | |
| MAexp20: | 420.11 | |
| MAexp50: | 411.05 | |
| MAexp100: | 394.88 | |
| Price / MA7: | +0.75% | |
| Price / MA20: | +1.05% | |
| Price / MA50: | +2.96% | |
| Price / MA100: | +7.67% | |
| Price / MAexp7: | +0.61% | |
| Price / MAexp20: | +1.27% | |
| Price / MAexp50: | +3.50% | |
| Price / MAexp100: | +7.74% |
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:
- Valimail DMARC Solution Available in the Microsoft Azure Marketplace
- Zand Bank Subscribes to Infosys Finacle's Corporate Banking Suite on Microsoft Cloud to Deliver New-Age Banking Experiences
- ScalePad Adds Microsoft Surface PCs to Its Assurance Service
-
How have the Magnificent 7 grown since their IPO’s? #Apple #Microsoft #Nvidia #Tesla #Meta #Google
- Preserve365 Enhances Archival Transfer Capabilities for Ultimate Control of Your Microsoft SharePoint Documents
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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