Microsoft Corp (MSFT) Up 0.69%, in an Uptrend Over Past 30 Days; Pin Bar Pattern Appearing on Chart

The Hourly View for MSFT

Last Updated February 12, 2021, 12:34 GMT

At the moment, MSFT’s price is down $-0.27 (-0.11%) from the hour prior. MSFT has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Microsoft Corp Daily Price Recap

244.49 was the closing price of the day for Microsoft Corp, resulting in today being one in which price moved up 0.69% ($1.67) from the previous day. This move happened on lower volume, as yesterday’s volume was down 29.16% from the day before — and down 39% from the same day the week before. Below is a daily price chart of Microsoft Corp.


Microsoft Corp Technical Analysis

Volatility for Microsoft Corp has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Microsoft Corp’s price has gone up 19 of the previous 30 trading days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard Around the Web

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

    $AMD I was just speaking with a Knowledgeable non shit talking bull. back and forth but I gave him some insights you may want to know. NO AMD $MSFT LINK Possible what so ever.

    it could've been over 100 if not for that merger… People would've drove it up based on speculation. That's what's happening to NVDA AND MU. The speculation is that MSFT May buy them out. But AMD IS out of the question is they just absorbed a company. Msft wouldn't get their hands on AMD EVEN FOR free… You know how the law makers treat big dogs absorbing companies and buying AMD Would imply absorbing two companies into MSFT… Crazy Analyzes I know. FRANKIE IS CRAZY