Microsoft Corporation (NASDAQ:MSFT) Close at $108.2 Yielding an MA Strong Buy Rating - Augusta Review

Microsoft Corporation (NASDAQ:MSFT) ran 0.6137251 after opening at $107.54. 520233 shares traded hands for the 8.30E+11 market cap company. Microsoft Corporation (NASDAQ:MSFT) is a “Strong Buy” according to the social consensus.

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Diving into some pivot points we note that the Fibonacci S1 stands at 103.735115 while the R1 resistance number is 106.95155. The S1 Camarilla pivot is 105.35408 while the R1 resistance is 106.125916. The Demark Pivot is as follows: R1 resistance is 108.6 while S1 support is 104.39.

Taking a look at some additional key pivot levels we note that the one month Pivot Woodie support stands at 103.985 while 1-month resistance level is at 108.195. On the other hand shares would see support at the 1-month pivot woodie of 103.985 and resistance at 108.195. One of the key differences in calculating Woodie’s Pivot Point to other pivot points is that the current session’s open price is used in the PP formula with the previous session’s high and low.

Microsoft Corporation (NASDAQ:MSFT) shares hit a high of 108.3 within the past month while touching a low point of 102.17 over the past 30 days.

Turning to exponential moving averages, Microsoft Corporation, the below chart outlines the current numbers:

Exponential 50-Day: 105.51268
Exponential 30-Day: 105.98717
Exponential 20-Day: 106.3494
Exponential 100-Day: 105.34751
Exponential 200-Day: 105.53063

In terms of Bollinger Bands, the upper 20 band holds at 108.13622 while the lower is currently 104.41128. The average volume over the past 3 months is 38475836 compared to the 10-day average of 24122936.

Other moving averages that have been taken into consideration in order to try to figure out the potential direction of the shares include the Hull Moving Average. The Hull MA currently reads 107.62818. The Positive Directional Indicator is at 33.603123. The volume weighted moving average stands at 106.09282. Putting all the pieces together the moving average signal for Microsoft Corporation (NASDAQ:MSFT) is a consensus “Strong Buy” signal.

Changing lanes over to oscillators, we see that the Aroon Up oscillator is currently 92.85714 while the Aroon Down shows 7.142857. These are useful in determining if a reversal might be in the near future. Given the Ultimate Oscillator number of 52.31945 and Parabolic SAR number of 105.371284, combined with other variables, Microsoft Corporation (NASDAQ:MSFT) has been given a consensus oscillator rating of “Buy”.

Microsoft Corporation (NASDAQ:MSFT) Quick Look

Investors will be monitoring closely to see if the firm can move towards the $116.18 time high as the Bull Bear Power number stands at 2.3530784.

Microsoft Corporation (NASDAQ:MSFT) has returned 2.4131732 after closing at $— in the recent session. The stock is looking to return closer to the 52-week high of $116.18.

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