Microsoft Corporation (NASDAQ:MSFT) Holding Above Moving Averages - Augusta Review

Microsoft Corporation (NASDAQ:MSFT) shares are holding above their moving averages, indicating a postitive uptrend for Technology company.

Following all the day to day information regarding publically traded companies can be challenging. There is rarely any shortage of data that investors can examine when attempting to research specific stocks. One of the greatest challenges for the investor is determining which data to focus on and which data to set aside. Investors will often need to stay aware of happenings in the overall economic environment, and pay attention to global factors that may have a widespread impact on markets. Being aware of the macroeconomic picture can greatly help the investor when making important portfolio decisions.

In order to tell which way a stock is trending, the stock’s share price should be compared to its moving average. The stock will be uptrending if it is being traded above its moving averages and downtrending if it is being traded below. The stock stands 3.48% away from its 50-day simple moving average and 2.73% away from the 200-day average. The price currently stands at $108.22.

Let’s take a look at how the stock has been performing recently. Over the past twelve months, Microsoft Corporation (NASDAQ:MSFT)‘s stock was 6.55%. 1.20% over the last quarter, and 0.52% for the past six months.

Over the past 50 days, Microsoft Corporation stock was -4.58% off of the high and 15.18% removed from the low. Their 52-Week High and Low are noted here. -6.85% (High), 24.28%, (Low).

The RSI (Relative Strength Index), an indicator that shows price strength by comparing upward and downward close-to-close movements is 57.84 for Microsoft Corporation (NASDAQ:MSFT).

The consensus analysts recommendation at this point stands at 1.70 on this stock. This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. The Street has a 125.61 target price on the shares for the next 12-18 months.

Dealing with the ups and down of the stock market is something that most investors will encounter at some point. Everyone wants to feel that thrill of seeing that big winner soar, and nobody wants to see that loser keep sinking. Figuring out how to best approach the stock market can take up a lot of time and energy. There are many strategies that investors can use when purchasing stocks for the portfolio. Some of these strategies may be riskier than others. Determining a comfortable level of risk appetite may be highly important for the individual investor. It is important to remember that there are no guarantees in the stock market. New investors may have to learn that there is rarely any substitute for hard work and tireless research. Many investors jump in head first and find this out the hard way. Realizing that there is no guaranteed strategy for stock picking might help the investor stay focused and grounded while building up the portfolio.

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