Microsoft (MSFT) Closes Prior Hour Down -0.21%; Heads Down For the 2nd Day In A Row

The Hourly View for MSFT

Last Updated September 14, 2020, 23:13 GMT

Currently, MSFT’s price is up $3.18 (1.56%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as MSFT has now gone down 4 of the past 5 hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50 and 100 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Microsoft Corp Daily Price Recap

Microsoft Corp closed yesterday down 0.65% ($1.34); this denotes the 2nd day in a row a decline has happened. The change in price came along side change in volume that was down 5.19% from previous day, but up 35.28% from the Sunday of last week. Below is a daily price chart of Microsoft Corp.

MSFT

Microsoft Corp Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 30 days Microsoft Corp’s price has gone up 16 them.

Overheard Around the Web

Over on StockTwits, here’s an example of what they’re saying about MSFT:

    Closing Headlines:
    *SEC to Examine $NKLA Over Short Seller’s Fraud Allegations
    *ESPN Signs Marketing Deal With DKNG and $CZR

    Asset Dash Leaderboard Trophy
    • $MSFT flips AMZN
    • $TSLA flips WMT and JNJ

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