semiconductor / news / / Benzinga
Microsoft has been trading under its weekly 20-week and 50-week moving averages.
Microsoft stock is trading below its 20- and 50-week moving averages but above the 200-week.
KEY POINTS
- $400 is identified as a critical near-term support level, with $380 as a deeper long-term floor.
- Weekly resistance is mapped at $435, with further upside requiring a clear move above $436.25.
- Despite upbeat cloud and partnership news, technical indicators reflect medium-term pressure and lack strong buy signals.
- Traders Union reports a mixed technical picture with weekly RSI at 48.05 and bearish MACD, ADX readings.
COMPANIES
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