MICROSOFT CORP. - 1H - Technical analysis published on 08/11/2024 (GMT)
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- 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
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This analysis was given by aljoeed. Take part yourself by sharing additional analysis on another time unit:
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.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by MICROSOFT CORP.:
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:
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:
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:
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
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 397.05 | 399.65 | 402.84 | 405.44 | 408.63 | 411.23 | 414.42 |
Camarilla | 404.43 | 404.96 | 405.49 | 406.02 | 406.55 | 407.08 | 407.61 |
Woodie | 397.34 | 399.80 | 403.13 | 405.59 | 408.92 | 411.38 | 414.71 |
Fibonacci | 399.65 | 401.87 | 403.23 | 405.44 | 407.66 | 409.02 | 411.23 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 366.54 | 376.06 | 391.04 | 400.56 | 415.54 | 425.06 | 440.04 |
Camarilla | 399.28 | 401.53 | 403.77 | 406.02 | 408.27 | 410.51 | 412.76 |
Woodie | 369.27 | 377.43 | 393.77 | 401.93 | 418.27 | 426.43 | 442.77 |
Fibonacci | 376.06 | 385.42 | 391.20 | 400.56 | 409.92 | 415.70 | 425.06 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 341.45 | 376.83 | 397.59 | 432.97 | 453.73 | 489.11 | 509.87 |
Camarilla | 402.91 | 408.06 | 413.20 | 418.35 | 423.50 | 428.64 | 433.79 |
Woodie | 334.14 | 373.18 | 390.28 | 429.32 | 446.42 | 485.46 | 502.56 |
Fibonacci | 376.83 | 398.28 | 411.53 | 432.97 | 454.42 | 467.67 | 489.11 |
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 :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on MICROSOFT CORP. at the time of the generation of this analysis was as follows:
-
Iran is increasing cyber operations to try to ‘create chaos’ around U.S. elections, Microsoft warns
-
Are the Magnificent 7 still the stock market kings? #Nvidia #Tesla #Amazon #Apple #Microsoft #Meta
- Microsoft Corporation Investors Can Participate In Fraud Investigation With The Schall Law Firm
- AGEDB Technology Ltd. Announces Joint R&D Agreement to Enhance Microsoft Azure
- Microsoft Integrates Marvell NIST FIPS 140-3 Level-3 Compliant LiquidSecurity HSMs into Azure Key Vault and Managed HSM Services
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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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