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. - 1H - Technical analysis published on 08/11/2024 (GMT)

  • 110
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : 1H
  • - Analysis generated on
  • Status : INVALID

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bearish
Technical indicators
67%
0%
33%
My opinion
Bearish under 413.77 USD
My targets
401.41 USD (-1.14%)
388.63 USD (-4.28%)
My analysis
The basic trend is bearish on MICROSOFT CORP. and in the short term, the price is trying to rebound. For the time being, this is only a technical rebound and the basic trend is not threatened. To have the rebound confirmed, it would have at least to go back above the 413.77 USD. Buyers would then use the next resistance located at 428.60 USD as an objective. Crossing it would then enable buyers to target 444.85 USD. If there is a return to below the support located at 401.41 USD, this would be a sign of a reversal in the basic bearish trend. The next bearish objectives would be 388.63 USD and 366.62 USD by extension.

In the very short term, technical indicators are in opposition with the general bearish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
0

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 aljoeed. Take part yourself by sharing additional analysis on another time unit:
15 min. Daily Weekly

Additional analysis

Quotes

The MICROSOFT CORP. price is 406.02 USD. The price registered an increase of +0.83% on the session and was between 402.26 USD and 408.05 USD. This implies that the price is at +0.93% from its lowest and at -0.50% from its highest.

402.26
408.05
406.02

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by MICROSOFT CORP.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 1H chart of MICROSOFT CORP. indicates that the overall trend is bearish. 71.43% of the signals given by moving averages are bearish. Caution: the slightly bullish signals currently being given by short-term moving averages indicate that this bearish trend may be slowing down. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : 1 hour



In fact, 12 technical indicators on 18 studied are currently positioned bullish. The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour


Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



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


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 366.62 388.63 401.41 406.02 413.77 428.60 444.85
Change (%) -9.70% -4.28% -1.14% - +1.91% +5.56% +9.56%
Change -39.40 -17.39 -4.61 - +7.75 +22.58 +38.83
Level Minor Major 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
Standard397.05399.65402.84405.44408.63411.23414.42
Camarilla404.43404.96405.49406.02406.55407.08407.61
Woodie397.34399.80403.13405.59408.92411.38414.71
Fibonacci399.65401.87403.23405.44407.66409.02411.23


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard366.54376.06391.04400.56415.54425.06440.04
Camarilla399.28401.53403.77406.02408.27410.51412.76
Woodie369.27377.43393.77401.93418.27426.43442.77
Fibonacci376.06385.42391.20400.56409.92415.70425.06


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard341.45376.83397.59432.97453.73489.11509.87
Camarilla402.91408.06413.20418.35423.50428.64433.79
Woodie334.14373.18390.28429.32446.42485.46502.56
Fibonacci376.83398.28411.53432.97454.42467.67489.11

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): 53.59
MACD (12,26,9): 0.2700
Directional Movement: 2.42
AROON (14): 85.71
DEMA (21): 404.20
Parabolic SAR (0,02-0,02-0,2): 398.62
Elder Ray (13): 1.84
Super Trend (3,10): 409.73
Zig ZAG (10): 406.02
VORTEX (21): 0.9600
Stochastique (14,3,5): 82.80
TEMA (21): 406.33
Williams %R (14): -25.03
Chande Momentum Oscillator (20): 1.63
Repulse (5,40,3): 0.0000
ROCnROLL: -1
TRIX (15,9): -0.0100
Courbe Coppock: 1.55
MA7: 403.93
MA20: 424.02
MA50: 435.67
MA100: 425.93
MAexp7: 405.38
MAexp20: 404.30
MAexp50: 407.32
MAexp100: 415.54
Price / MA7: +0.52%
Price / MA20: -4.25%
Price / MA50: -6.81%
Price / MA100: -4.67%
Price / MAexp7: +0.16%
Price / MAexp20: +0.43%
Price / MAexp50: -0.32%
Price / MAexp100: -2.29%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15212
Number of analyses :
Followers :
0
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…

Add a comment

no pic

Comments

0 comments on the analysis MICROSOFT CORP. - 1H