Microsoft Corp 4 Hour Price Update
Updated August 04, 2020 04:30 PM GMT (12:30 PM EST)
The price of MSFT declined $-5.06 (-2.34%) over the past four hours. To help put that in perspective, note that Microsoft Corp’s peers in the in the Business Services industry are up 0.09% on average during this time, while the broader Technology sector is up by an average of 0.51%.
Microsoft Corp Daily Price Recap
Microsoft Corp closed the previous day up 5.62% ($11.53); this denotes the 2nd day in a row it has gone up. As for how volume fared, yesterday’s volume was up 53.31% from the previous day (Sunday), and up 16.47% from Monday of the week before. Let’s take a look at the daily price chart of Microsoft Corp.
Microsoft Corp Technical Analysis
Notably, Microsoft Corp crossed above its 20 day moving average yesterday. 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. Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For another vantage point, consider that Microsoft Corp’s price has gone up 5 of the previous 10 trading days.
Overheard Around the Web
Here’s what one trader on StockTwits recently had to say in regards to MSFT:
$MSFT Cloud gaming would be integrated with the Xbox Game Pass app on Sept. 15, allowing users to jump into a game from their smartphone or tablet, says report. this company is racing to meet COVID-19 diagnostic test kit demand: http://psce.pw/CVPotentialForLargeRevenues