Technical Analysis – Microsoft stock maintains bullish outlook below record high

Posted on February 17, 2020 at 1:49 pm GMT

Microsoft’s stock price is trading not too far from the new record high of 189.50 on Tuesday, having pulled back slightly. But momentum indicators suggest that a possible downside correction may be on the cards. In regard to the technical oscillators, the near-term bias is looking neutral-to-bearish as the RSI is flatlining at the 70 level, while the stochastics are pointing south and the %K and %D lines are negatively aligned. Should the price make another run higher, it’s likely to meet resistance at [..]


Technical Analysis – Microsoft stock takes a step back; bullish picture intact

Posted on January 28, 2020 at 4:43 pm GMT

Microsoft stock turned down from the fresh all-time high of 168.11 but its pullback seems to have stalled around the inside swing high of 160.60, where buyers have driven the price back up again. The pause in the market is also reflected in the Ichimoku lines – which have flattened – and the conflicting signals from the short-term oscillators. The MACD deep in the positive region has slipped below its red trigger line, while the RSI, ahead of its neutral [..]


Daily Market Comment – Markets steady as trade and Brexit headlines hit pause; ECB coming up

Posted on October 24, 2019 at 8:27 am GMT

Major pairs move sideways amid lack of fresh developments on the trade and Brexit fronts Speech by US Vice President on China eyed for clues on trade talks Stocks edge up despite mixed earnings ECB to kick off busy seven days for central banks Calm in FX markets but risks lurk Major pairs were trading within their recent ranges on Thursday as markets were offered a rare respite from Brexit and trade war headlines. The pound was marginally lower at [..]


Microsoft to report another solid quarter; focus on cloud computing – Stock Market News

Posted on October 22, 2019 at 4:39 pm GMT

Microsoft will report its first fiscal quarter earnings result on Wednesday after the market close. The tech behemoth, whose share price has soared by about 36% in the year-to-date, has been benefiting from impressive growth in its cloud computing business. But competition from the likes of Amazon’s Web Services threatens to put the brakes on Microsoft’s fastest growing revenue division. Strong earnings expected for September quarter The Company has been consistently meeting or beating its earnings estimates over the last [..]


Technical analysis – Microsoft stock starts to ease after 7-month rally

Posted on September 2, 2019 at 4:13 pm GMT

Microsoft stock logged a high of 141.61 after a seven-month uptrend, before shifting into a one-month sideways move. The stock found support from the 23.6% Fibonacci retracement level of the up leg from 94.48 to 141.61, of 130.50, as well as the 132.60 level, capped by resistance at 139.40. Momentum has disappeared, as the MACD and trigger line have converged at zero, while the RSI although marginally above the 50-level, has been unable to break above previous highs. Furthermore, the [..]


Technical Analysis – Microsoft consolidates at all-time highs; sellers grab the reins to rally down

Posted on July 17, 2019 at 5:22 am GMT

Microsoft stock has been in a 7-month ascending channel since December but last week ran into a wall near the previous all-time high of 138.34 set two weeks ago. Sellers have picked themselves up and today started to push down. Although the bullish bias from the 21-, 50- and 100-day simple moving averages (SMA) is apparent, the MACD seems to suggest a negative divergence causing a fall in momentum as the MACD and trigger line flatten out in the positive area. [..]


Microsoft hovers near all-time highs ahead of earnings – Stock Market News

Posted on July 16, 2019 at 3:23 pm GMT

The world’s largest company by market capitalization will report its quarterly earnings on Thursday, after Wall Street’s closing bell. Forecasts point to another solid quarter, with investors likely to focus mainly on key business segments like cloud computing. Overall, the company’s stock is on a tear, having gained more than 36% this year – though valuation is becoming a concern. The consensus The Washington-based tech giant is expected to report earnings per share (EPS) of $1.21 when it announces its [..]


Technical Analysis – Microsoft stock slips in narrow range in near term

Posted on May 29, 2019 at 11:30 am GMT

Microsoft price moved lower over the last few sessions, after it hit a new a multi-month high around 130.64, remaining in a short-term narrow range of 122.94 – 130.64. Looking at the momentum indicators, the RSI is flattening around the 50 level, while the stochastic is trying to turn higher in the daily timeframe. A move to the downside could find support at the lower boundary of the range of 122.94, which stands around the 40-simple moving average (SMA). A [..]


Technical Analysis – Microsoft stock edges higher but outlook remains neutral to bearish

Posted on February 26, 2019 at 12:51 pm GMT

Microsoft stock price moved lower on Monday, after it hit a new an almost three-month high around 112.13. Looking at the momentum indicators, the RSI is still edging higher, slightly below the overbought zone, while the stochastic is rising and created a bullish crossover within the %K and %D lines in the positive zone above 80, signaling further gains. Also, the price is trading well above the Ichimoku cloud in the daily timeframe. In the event of further positive pressures, [..]


Stock Market News – Microsoft and Facebook release results; earnings season in full swing

Posted on January 30, 2019 at 10:37 am GMT

Both Microsoft and Facebook will announce their earnings on Wednesday, after Wall Street’s closing bell. These tech behemoths had vastly different years in 2018, with Microsoft shares surging on the back of strong cloud services growth, but Facebook taking a hit amid privacy scandals. That said, the tides may be turning in 2019, as Microsoft is underperforming markets year-to-date while Facebook is outperforming. Guidance by management from both companies will be key. Microsoft The world’s second-largest company by market capitalization [..]

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