Microsoft Corp Daily Price Recap
Microsoft Corp entered today at $217.3, down 6.19% ($14.35) from the previous day. As for how volume fared, yesterday’s volume was up 69.95% from the previous day (Wednesday), and up 153.74% from Thursday of the week before. Below is a daily price chart of Microsoft Corp.
Microsoft Corp Technical Analysis
Coming into today the current price of Microsoft Corp is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Microsoft Corp’s price has gone up 10 them. Traders may also wish to note that there is a bearish engulfing pattern in play, which suggests the uptrend on the 14, 90 and 30 day charts, may be slowing down and ready to reverse.
Overheard Around the Web
Over on StockTwits, here’s an example of what they’re saying about MSFT:
$MSFT $AAPL $GOOG $AMZN $FB | Where are all of those "analysts" with their price target?! None of them has the gut to come out and reiterate their calls… Their works are garbage – my guess is that they pumped the stocks and sold them after they announced their upgrades!
It is time for these Analysts should be held accountable for their actions.
At some points, investors should just ignore Analysts, but they can't because these Analysts work for large bank or financial institutions that are allowed to trade with their client money.