For Company Research, enter symbol or keyword and choose type of research:    Symbol Search
Microsoft Corp
(NASDAQ: MSFT) Add to Portfolio
$138.79
+1.53 (+1.11%)
as of 14:29 EDT

Microsoft Corp (MSFT) Approaches New Downside Target of $133.67

Shares of Microsoft Corp (NASDAQ:MSFT) opened today below their pivot of $137.47 and have already reached the first level of support at $136.13. Analysts will be watching for a cross of the next downside pivot targets of $133.67 and $129.87.

Microsoft Corp (NASDAQ:MSFT) defies analysts with a current price ($136.57) 19.3% above its average consensus price target of $110.23. The stock should find initial support at its 50-day moving average (MA) of $135.73 and further support at its 200-day MA of $118.30.

Microsoft Corp share prices have moved between a 52-week high of $141.68 and a 52-week low of $93.96 and are now trading 45% above that low price at $136.57 per share. The 200-day and 50-day moving averages have moved 0.36% higher and 0.64% higher over the past week, respectively.

SmarTrend is monitoring the recent change of momentum in Microsoft Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Microsoft Corp in search of a potential trend change.

Write to SmarTrend at cs@mysmartrend.com

---------------------------------------------------------------------------------------------

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

© 2019 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. SEC Filings provided by Edgar Online. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.