Londinia Opportunities Analyses - 04/25/2024 (GMT) MICROSOFT CORP - 1H
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
- Europe Stocks
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Strongly bearish
Technical indicators
6%
61%
33%
My opinion
Bearish under 377.00 EUR
My targets
372.00 EUR (-0.67%)
369.20 EUR (-1.42%)
My analysis
The bearish basic trend is very strong on MICROSOFT CORP but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 377.00 EUR. Crossing the first support at 372.00 EUR would be a sign of a further potential price plummet. Sellers would then use the next support located at 369.20 EUR as an objective. Crossing it would then enable sellers to target 347.75 EUR. Caution, a return to above the resistance located at 377.00 EUR would be a sign of a possible consolidation phase of the short-term basic trend. 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, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.1
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Additional analysis
Quotes
MICROSOFT CORP rating 374.50 EUR. The price registered a decrease of -2.04% on the session and was between 373.65 EUR and 375.90 EUR. This implies that the price is at +0.23% from its lowest and at -0.37% from its highest.373.65
375.90
374.50
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this MICROSOFT CORP chart shows a sharp bearish trend. 89.29% of the signals given by moving averages are bearish. This strongly bearish trend is showing signs of slowing down given the slightly bearish signals given by short-term moving averages. 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 : 1 hour
The probability of a further decline is moderate 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 : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 3
Type : Neutral
Timeframe : 1 hour
MACD indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Near support of channel
Type : Bullish
Timeframe : 1 hour
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 347.75 | 369.20 | 372.00 | 374.50 | 377.00 | 379.98 | 389.50 |
| Change (%) | -7.14% | -1.42% | -0.67% | - | +0.67% | +1.46% | +4.01% |
| Change | -26.75 | -5.30 | -2.50 | - | +2.50 | +5.48 | +15.00 |
| Level | Intermediate | Intermediate | Intermediate | - | Minor | Intermediate | 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 | 377.10 | 379.50 | 380.90 | 383.30 | 384.70 | 387.10 | 388.50 |
| Camarilla | 381.26 | 381.60 | 381.95 | 382.30 | 382.65 | 383.00 | 383.35 |
| Woodie | 376.60 | 379.25 | 380.40 | 383.05 | 384.20 | 386.85 | 388.00 |
| Fibonacci | 379.50 | 380.95 | 381.85 | 383.30 | 384.75 | 385.65 | 387.10 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 335.25 | 354.25 | 365.25 | 384.25 | 395.25 | 414.25 | 425.25 |
| Camarilla | 368.00 | 370.75 | 373.50 | 376.25 | 379.00 | 381.75 | 384.50 |
| Woodie | 331.25 | 352.25 | 361.25 | 382.25 | 391.25 | 412.25 | 421.25 |
| Fibonacci | 354.25 | 365.71 | 372.79 | 384.25 | 395.71 | 402.79 | 414.25 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 336.32 | 350.68 | 369.92 | 384.28 | 403.52 | 417.88 | 437.12 |
| Camarilla | 379.91 | 382.99 | 386.07 | 389.15 | 392.23 | 395.31 | 398.39 |
| Woodie | 338.75 | 351.90 | 372.35 | 385.50 | 405.95 | 419.10 | 439.55 |
| Fibonacci | 350.68 | 363.52 | 371.45 | 384.28 | 397.12 | 405.05 | 417.88 |
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): | 33.81 | |
| MACD (12,26,9): | -0.1900 | |
| Directional Movement: | -17.32 | |
| AROON (14): | -21.43 | |
| DEMA (21): | 379.96 | |
| Parabolic SAR (0,02-0,02-0,2): | 385.46 | |
| Elder Ray (13): | -5.24 | |
| Super Trend (3,10): | 381.77 | |
| Zig ZAG (10): | 374.95 | |
| VORTEX (21): | 0.9500 | |
| Stochastique (14,3,5): | 28.19 | |
| TEMA (21): | 380.81 | |
| Williams %R (14): | -89.21 | |
| Chande Momentum Oscillator (20): | -5.20 | |
| Repulse (5,40,3): | -0.1000 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.0200 | |
| Courbe Coppock: | 1.28 |
| MA7: | 380.24 | |
| MA20: | 388.12 | |
| MA50: | 383.30 | |
| MA100: | 369.34 | |
| MAexp7: | 379.32 | |
| MAexp20: | 380.17 | |
| MAexp50: | 381.87 | |
| MAexp100: | 384.96 | |
| Price / MA7: | -1.51% | |
| Price / MA20: | -3.51% | |
| Price / MA50: | -2.30% | |
| Price / MA100: | +1.40% | |
| Price / MAexp7: | -1.27% | |
| Price / MAexp20: | -1.49% | |
| Price / MAexp50: | -1.93% | |
| Price / MAexp100: | -2.72% |
Quotes :
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15 min delayed data
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