Microsoft (MSFT) Price Near $200.19; Moves Down For the 3rd Consecutive Day, in a Downtrend Over Past 14 Days, Nears 100 Day Moving Average
This is the 3rd consecutive hour msft has seen its price head up.
MSFT
(Last Updated September 18, 2020)
Hello! This is the news page for Microsoft Corp. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
As for trends on MSFT, we’re seeing a downtrend on shorter timeframes — but an uptrend on the 90 day timeframe. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.
MSFT Moving Averages
Nuances in the trend on MSFT can be understood by observing the behavior of its moving averages. The 100 and 200 day averages suggest a bullish trend, as they are pointing upwards, while the 20 and 50 day averages are pointing downward, suggesting a bearish trend on those timeframes. Ultimately, this suggests a bearish trend on shorter timeframes, compared to a bullish trend when observing more than 3 months of data.
Below is a chart showing MSFT’s price with its moving averages.
Microsoft (MSFT) Price Near $200.19; Heads Down For the 3rd Consecutive Day, Nears 100 Day Moving Average, in a Downtrend Over Past 14 Days
If the casino has a drawdown because of a cluster of multiple jackpot winners, it just grinds away with their edge.
Microsoft (MSFT) Closes Last Hour Up $1.43; Moves Down For the 2nd Straight Day, in an Uptrend Over Past 90 Days, Price Base in Formation Over Past 30 Days
The change in price came along side change in volume that was up 27.42% from previous day, but down 36% from the wednesday of last week.
Microsoft (MSFT) Price Near $204.96; 2 Day Up Streak Snapped, in a Downtrend Over Past 14 Days, Price Base in Formation Over Past 30 Days
Of note is that the 20 hour changed directions on msft; it is now pointing down.
Microsoft (MSFT) Closes Last Hour Up $0.38; 2 Day Down Streak Snapped, in an Uptrend Over Past 90 Days, Pin Bar Pattern Appearing on Chart
This is a reversal of the price action on the previous hour, in which price moved down.
Microsoft (MSFT) Closes Prior Hour Down -0.21%; Heads Down For the 2nd Day In A Row
It’s been a feast for bears operating on an hourly timeframe, as msft has now gone down 4 of the past 5 hours.
Microsoft (MSFT) Closes Prior Hour Up 0.34%; in an Uptrend Over Past 90 Days, Bearish Engulfing Pattern Present
Leaps are strug-u-ling but that’s why i buy leaps – cause trying to time irrational markets is like trying to explain gravity to a chicken.
Microsoft (MSFT) Price Near $209.58; in an Uptrend Over Past 90 Days, 3 Day Down Streak Ended, Eyes 50 Day Average
The change in price came along side change in volume that was down 13.36% from previous day, but up 71.26% from the wednesday of last week.
Microsoft (MSFT) Closes Last Hour Up $0.53; Crosses 20 Day Moving Average, Moves Down For the 2nd Day In A Row, Pin Bar Pattern Appearing on Chart
Or to view things another way, note that out of the past 14 days microsoft corp’s price has gone up 9 them.
Microsoft Corp (MSFT) Down 1.4%, Crosses 20 Day Moving Average; Pin Bar Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.