Microsoft Technical Analysis | Microsoft Trading: 2024-06-06 | IFCM
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Microsoft Technical Analysis - Microsoft Trading: 2024-06-06

Microsoft Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Above 423.73

Buy Stop

Below 411.33

Stop Loss

Ara Zohrabian
Senior Analytical Expert
Articles 2516
IndicatorSignal
RSI Neutral
MACD Buy
Donchian Channel Buy
MA(200) Buy
Fractals Buy
Parabolic SAR Buy

Microsoft Chart Analysis

Microsoft Chart Analysis

Microsoft Technical Analysis

The technical analysis of the Microsoft stock price chart on 4-hour timeframe shows #S-MSFT,H4 is rebounding as it returned above the 200-period moving average MA(200) after hitting one-month low a weeks ago. We believe the bullish momentum will continue after the price breaches above the upper boundary of Donchian channel at 423.73. This level can be used as an entry point for placing a pending order to buy. The stop loss can be placed below the fractal low at 411.33. After placing the order, the stop loss is to be moved every day to the next fractal low, following Parabolic indicator signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (411.33) without reaching the order (423.73), we recommend cancelling the order: the market has undergone internal changes which were not taken into account.

Fundamental Analysis of Stocks - Microsoft

US regulators are opening antitrust inquiry of Microsoft and OpenAI. Will the Microsoft stock price rebound continue?

The U.S. Justice Department and the Federal Trade Commission have reached a deal that allows them to proceed with antitrust investigations into the dominant roles that Microsoft and OpenAI play in the artificial intelligence industry. FTC will examine the conduct of OpenAI and Microsoft, according to reports. While OpenAI's parent is a nonprofit, Microsoft has invested $13 billion in a for-profit subsidiary, for what would be a 49% stake. FTC is said to be looking into Microsoft's $650 million deal with AI startup Inflection AI too. Expectations of fines for violating antitrust regulations are bearish for a company stock. However, the current setup is bullish for the Microsoft stock price.

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This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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