MICROSOFT CORP. - Daily - Technical analysis published on 08/08/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Court terme:
Bullish
De fond:
Strongly bullish
Technical indicators
44%
17%
39%
My opinion
Bullish above 136.31 USD
My targets
141.34 USD (+2.44%)
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 136.31 USD. The buyers” bullish objective is set at 141.34 USD. A bullish break in this resistance would boost the bullish momentum. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.
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 hsokkar. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The MICROSOFT CORP. price is 137.97 USD. The price has increased by +1.99% since the last closing and was between 135.93 USD and 138.38 USD. This implies that the price is at +1.50% from its lowest and at -0.30% from its highest.135.93
138.38
137.97
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.
Opening Gap UP
Type : Bullish
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
Technical
Technical analysis of MICROSOFT CORP. in Daily shows a strongly overall bullish trend. 89.29% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
The probability of a further increase is slight given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 2
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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:
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
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 119.97 | 130.60 | 136.31 | 137.97 | 141.34 |
| Change (%) | -13.05% | -5.34% | -1.20% | - | +2.44% |
| Change | -18.00 | -7.37 | -1.66 | - | +3.37 |
| Level | Major | Major | Major | - | Intermediate |
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 | 129.03 | 130.43 | 132.86 | 134.25 | 136.68 | 138.08 | 140.50 |
| Camarilla | 134.23 | 134.58 | 134.93 | 135.28 | 135.63 | 135.98 | 136.33 |
| Woodie | 129.55 | 130.69 | 133.37 | 134.51 | 137.19 | 138.33 | 141.01 |
| Fibonacci | 130.43 | 131.89 | 132.79 | 134.25 | 135.71 | 136.62 | 138.08 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 127.72 | 131.40 | 134.15 | 137.83 | 140.58 | 144.26 | 147.01 |
| Camarilla | 135.13 | 135.72 | 136.31 | 136.90 | 137.49 | 138.08 | 138.67 |
| Woodie | 127.26 | 131.17 | 133.69 | 137.60 | 140.12 | 144.03 | 146.55 |
| Fibonacci | 131.40 | 133.86 | 135.37 | 137.83 | 140.29 | 141.80 | 144.26 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 126.40 | 130.53 | 133.40 | 137.54 | 140.41 | 144.54 | 147.41 |
| Camarilla | 134.34 | 134.99 | 135.63 | 136.27 | 136.91 | 137.55 | 138.20 |
| Woodie | 125.76 | 130.22 | 132.77 | 137.22 | 139.77 | 144.23 | 146.78 |
| Fibonacci | 130.53 | 133.21 | 134.86 | 137.54 | 140.21 | 141.87 | 144.54 |
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): | 53.47 | |
| MACD (12,26,9): | 0.2000 | |
| Directional Movement: | -6.30 | |
| AROON (14): | -42.86 | |
| DEMA (21): | 137.72 | |
| Parabolic SAR (0,02-0,02-0,2): | 140.08 | |
| Elder Ray (13): | 0.13 | |
| Super Trend (3,10): | 141.12 | |
| Zig ZAG (10): | 138.10 | |
| VORTEX (21): | 0.9200 | |
| Stochastique (14,3,5): | 48.28 | |
| TEMA (21): | 136.39 | |
| Williams %R (14): | -32.08 | |
| Chande Momentum Oscillator (20): | -1.10 | |
| Repulse (5,40,3): | 2.9100 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0900 | |
| Courbe Coppock: | 1.94 |
| MA7: | 135.94 | |
| MA20: | 137.85 | |
| MA50: | 134.86 | |
| MA100: | 129.11 | |
| MAexp7: | 136.55 | |
| MAexp20: | 137.05 | |
| MAexp50: | 134.58 | |
| MAexp100: | 129.36 | |
| Price / MA7: | +1.49% | |
| Price / MA20: | +0.09% | |
| Price / MA50: | +2.31% | |
| Price / MA100: | +6.86% | |
| Price / MAexp7: | +1.04% | |
| Price / MAexp20: | +0.67% | |
| Price / MAexp50: | +2.52% | |
| Price / MAexp100: | +6.66% |
News
The last news published on MICROSOFT CORP. at the time of the generation of this analysis was as follows:
- Innodisk Introduces First Hybrid Edge and Cloud SSD Solution with Microsoft Azure Sphere™
- Weatherford Releases New ForeSite® Business Intelligence and Data Visualization Powered by Microsoft® Power BI
- Ninja Comes to Microsoft’s Mixer
- SYNNEX Corporation Honored with Three Microsoft Partner Awards
- Alithya Achieves the 2019/2020 Inner Circle for Microsoft Business Applications
This member declared not having a position on this financial instrument or a related financial instrument.
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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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