Microsoft Corporation, Daily Chart Analysis 10/14Technical Analysis and Outlook
Bulls bounced off the Mean Support $104.40 with crescendo signaling that higher interim prices are possible by targeting Mean Resistance $112.30 (Stage For the Bulls). Once the tech stock extends by ascending higher and closure over Mean Resistance $112.30 would validate a short-term bullishness towards Key Resistance $115.60.
Bears can keep an eye on the freshly created Mean Support $105.90 (Stage For the Bears) confirmed on Oct 12 as well as awaiting Mean Support $101.20 and 'VERY MAJOR' Key Support $97.50 .
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Microsoft Corporation, Daily Chart Analysis 9/27Stock Analysis, Implications and Outlook
The stock lies under venerable Key Resistance $115.20 of a strong rising short-term trend and a further rise within the pattern is expected towards outer Stock Rally 116.30. On the corrective downside, there is Mean Support at $111.70.
Microsoft [Long term analysis]Elliot Wave analysis.
Paths listed:
- Extended wave 5: Retrace (wave 4) at 161.8% to around 38.2%-50%, followed by an extended wave 5 to either 100%, 161.8% or 261.8% 0-3. Expect 61.8% retracement after of entire structure.
- Extended wave 3: Blows past 161.8% toward 261.8%, followed by a 38.2%-50% retracement after making contact with 261.8%, followed by wave 5 which should be 100%, 161.8% or 261.8% 0-1. Expect 61.8% retracement after of entire structure.
- Strong Extended wave 3: Blows past 161.8% and 261.8%, makes contact with 423.6% and then retraces 38.2%-50%, followed by wave 5 which should be 100%, 161.8% or 261.8% 0-1
Paths not listed: Leading diagonal, truncated fifth.
MSFT MICROSOFT CORPMicrosoft shares could be due for a pullback before continuing its uptrend. Share prices closed the last session at the top of the wedge price pattern at 98.36. Maybe its time to tighten your stop losses.
Keep an eye on the support and resistance marked on the chart especially resistance at 99.00 and support at 97.86 for any breakout
Microsoft? no thanksThe last months have been very good for this successful company however I think it needs a break.
There are too many supports in this chart however, touching the R & S point, would give me enough information to plan the next move. At least for now I have a good map for this kid.
Best wishes to all!
MSFT Always Drops When This HappensMicrosoft has been in a bull trend since 2012. On six occasions through this bull, three of the technical indicators discussed below are at the same or higher levels than they are now. I have laid out the reasons and levels to which the stock may dip while it most likely continues its overall bull trend.
When we take a look at technical indicators, the relative strength index (RSI) is at 75. RSI tends to determine trends, overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. Currently the RSI is oversold.
The positive vortex indicator (VI) is at 1.2626 and the negative is at 0.7155. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The positive VI is currently at an extreme level to which it and the stock always retreats from.
The stochastic oscillator K value is 90.1109 and D value is 87.9759. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals and short-term activity. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the stock is trending up. When the D value is higher that the K value the stock is trending down. The stochastic is currently overbought, and the stock should decline in the next few days.
Since the current long-term bull began, there have been six times when the RSI and positive VI were at or above their current close price while the stochastic was overbought. These occasions led to a drop in the stock. The median drop occurs over 8.5 trading days and results in a 4.34% loss. The minimum drop on these occasions is 3.58%.
Considering the RSI, TSI, VI and stochastic levels, the overall direction favors a move to the downside. Based on historical movement compared to current levels and the current position, the fund could drop at least 3% over the next 28 trading days if not sooner.
Short term top for Microsoft?Technically Speaking
Nice selling pressure from last week, note green arrow on chart. The 56 level will look to provide support, if that level goes, the next good support comes in at 58.
What to do?
If looking to short, a stop above last weeks high of 61.37 makes sense. Target the 56 and see how it trades. For the longer term play, look to hold to the 48 level. Could be a long shot, but the bigger money is in the big swings.
If looking to buy, I would wait until the 48 level, no certainty it gets there though?
Microsoft Breaks out from 40 weeks (10 Months) Trading RangeLast week Friday closing confirmed the weekly breakout of price action from a previously trading range. Trading range was 40 weeks long where we saw major buying and selling of the stock, which is also called Value Area.
As per the volume profile, if any stock's price action moves above the value area then it signals a buy opportunity which we could see at Microsoft after a breakout from a high volume value area and also previous resistance.
I believe it is a strong buy for now,
Target 1: 61
SL: 56
Microsoft-Santa is coming! ho ho hoTarget = $49
Keep buying front-month PUT at 0.01 each ( See OptionsProfitCalculator: opcalc.com )
$10 dollars, controlling 10,000 shares.
Max returns of $10k if it gets to $49. Your downside is only $10!
OR naked short
any option above $55 (Since there are lots of premium in MSFT options anyway)
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See the easy money now?
Microsoft - Severely oversoldThe weekly chart is the main reason for my bullish bias. Last week, Microsoft had the earnings call and obviously the results were disappointing. However, the day opened with a huge gap and most of the selling had been done overnight. Price reached an extremely oversold position in a matter of days. This week however, the threatening picture of the previous week failed to spark more weakness. This is a lack of follow through which resembles very much with what happened during the summer in 2014 (circled period).
On the daily chart, I outlined two possible trades, depending on the trading style of each trader. I for one, am more inclined for the wide stop because after such a big fall, price can wiggle up and down for a consolidation and I am not comfortable with a close stop.
Microsoft Corp Daily (08.09.2014) Technical Analysis Training The Microsoft Corp (NASDAQ:MSFT) Daily Diagram Technical Analysis shows the following:
The (MSFT) share follows the support of the long term trend line (green) on this uptrend. All this development is above the KUMO, which means that the MSFT is bullish in long term. The weekly diagram shows bullish trend as the monthly too (overbought).
So the first think in mind is the 2.618 of fib. MACD is turning bullish and RSI = 68. The volume is more than the usual (28%).
Last Friday's green candlestick is above the Tenkan Sen
There is no special pattern.
Long with stop Loss under the Support line.