Microsoft technically weak negative in the medium term
Late December 2021, the trend is turning and the stock is now in a declining trend. There are supports around 225 and resistance around 274. But remember the trend normally counts more than support.
From 22 trading days back, the volume balance is negative, but the On Balance Volume OBV is rising. The RSI(21) is 43 and rising. It is in divergence to price. It could be a sign that the trend will reverse.
The last bottom and top are below the top and bottom now, but it is more interesting if it also applies to the nest top and bottom.
Oscillators and Moving Averages stand on sell a day to a week and neutral one month.
Consider the stock technically weak negative in the medium term.
Disclaimer I have a position in the stock.
Remember you need do your own research and assessment before buying and selling.
Note here it is a technical analysis. Fundamental analysts have a predominantly positive view of the stock.
Sources: Trading View
From 22 trading days back, the volume balance is negative, but the On Balance Volume OBV is rising. The RSI(21) is 43 and rising. It is in divergence to price. It could be a sign that the trend will reverse.
The last bottom and top are below the top and bottom now, but it is more interesting if it also applies to the nest top and bottom.
Oscillators and Moving Averages stand on sell a day to a week and neutral one month.
Consider the stock technically weak negative in the medium term.
Disclaimer I have a position in the stock.
Remember you need do your own research and assessment before buying and selling.
Note here it is a technical analysis. Fundamental analysts have a predominantly positive view of the stock.
Sources: Trading View