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. - Weekly - Technical analysis published on 04/16/2024 (GMT)

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

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
56%
17%
28%
My opinion
Bullish above 370.04 USD
My targets
416.64 USD (+0.08%)
434.90 USD (+4.46%)
My analysis
MICROSOFT CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 370.04 USD. The next resistance located at 416.64 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 434.90 USD. After this resistance, buyers could then target 449.07 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.3

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This analysis was given by ciuzak2. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The MICROSOFT CORP. price is 416.33 USD. Over 5 days, this instrument lost -2.33% and has been traded over the last 5 days between 413.73 USD and 425.18 USD. This implies that the 5 day price is +0.63% from its lowest point and -2.08% from its highest point.

413.73
425.18
416.33

Here is a more detailed summary of the historical variations registered by MICROSOFT CORP.:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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 Weekly 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The technical indicators are bullish. There is still some doubt about the price increase.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bearish reversal

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:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Weekly



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 238.35 310.54 336.27 416.33 419.77
Change (%) -42.75% -25.41% -19.23% - +0.83%
Change -177.98 -105.79 -80.06 - +3.44
Level Minor 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
Standard395.72404.57409.11417.96422.50431.35435.89
Camarilla409.96411.19412.41413.64414.87416.10417.32
Woodie393.56403.49406.95416.88420.34430.27433.73
Fibonacci404.57409.69412.85417.96423.08426.24431.35


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard408.27413.99417.94423.66427.61433.33437.28
Camarilla419.24420.13421.01421.90422.79423.67424.56
Woodie407.40413.55417.07423.22426.74432.89436.41
Fibonacci413.99417.68419.96423.66427.35429.63433.33


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard370.04384.21402.47416.64434.90449.07467.33
Camarilla411.80414.78417.75420.72423.69426.67429.64
Woodie372.08385.23404.51417.66436.94450.09469.37
Fibonacci384.21396.60404.26416.64429.03436.69449.07

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): 62.74
MACD (12,26,9): 19.5200
Directional Movement: 11.32
AROON (14): 71.43
DEMA (21): 428.41
Parabolic SAR (0,02-0,02-0,2): 430.82
Elder Ray (13): 8.66
Super Trend (3,10): 380.58
Zig ZAG (10): 416.88
VORTEX (21): 1.1300
Stochastique (14,3,5): 82.80
TEMA (21): 429.98
Williams %R (14): -29.75
Chande Momentum Oscillator (20): 13.52
Repulse (5,40,3): -2.3100
ROCnROLL: 1
TRIX (15,9): 0.8300
Courbe Coppock: 19.61
MA7: 422.03
MA20: 422.74
MA50: 415.17
MA100: 398.16
MAexp7: 418.09
MAexp20: 401.56
MAexp50: 365.35
MAexp100: 328.98
Price / MA7: -1.35%
Price / MA20: -1.52%
Price / MA50: +0.28%
Price / MA100: +4.56%
Price / MAexp7: -0.43%
Price / MAexp20: +3.67%
Price / MAexp50: +13.94%
Price / MAexp100: +26.54%

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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