Microsoft Corporation (NASDAQ:MSFT) HEFFX Highlights

Microsoft Corporation (NASDAQ:MSFT) HEFFX Highlights

Microsoft Corporation (NASDAQ:MSFT) HEFFX Highlights

  • Microsoft first unveiled its plans for ARM-powered Windows laptops last year. The new devices will be powered by Qualcomm’s Snapdragon 835 processor, and will support traditional desktop apps thanks to an emulator in Windows 10.
  • While Qualcomm previously promised laptops before the end of the year, we haven’t heard much about them yet. Asus, HP, and Lenovo are all preparing devices, and it seems like battery life will be a key selling point.
  • During a Qualcomm summit in Hong Kong this week, Microsoft and Qualcomm dropped some hints at what to expect from new ARM-powered laptops. Trusted Reviews reports that Qualcomm is still committed to getting devices in the market in December, and that Microsoft is promising multi-day battery life.
  • “To be frank, it’s actually beyond our expectations,” says Pete Bernard, a program manager at Microsoft. “We set a high bar for [our developers], and we’re now beyond that. It’s the kind of battery life where I use it on a daily basis. I don’t take my charger with me. I may charge it every couple of days or so. It’s that kind of battery life.”

Microsoft Corporation is a technology company. The Company develops, licenses, and supports a range of software products, services and devices. The Company’s segments include Productivity and Business Processes, Intelligent Cloud and More Personal Computing. The Company’s products include operating systems; cross-device productivity applications; server applications; business solution applications; desktop and server management tools; software development tools; video games, and training and certification of computer system integrators and developers. It also designs, manufactures, and sells devices, including personal computers (PCs), tablets, gaming and entertainment consoles, phones, other intelligent devices, and related accessories, that integrate with its cloud-based offerings. It offers an array of services, including cloud-based solutions that provide customers with software, services, platforms, and content, and it provides solution support and consulting services.

Overall, the bias in prices is: Upwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

Note: this chart shows extraordinary price action to the upside.

By the way, prices are vulnerable to a correction towards 74.54.

The projected upper bound is: 79.44.

The projected lower bound is: 75.95.

The projected closing price is: 77.69.

MICROSOFT CP closed down -0.060 at 77.590. Volume was 19% below average (neutral) and Bollinger Bands were 38% wider than normal.

Open        High          Low          Close         Volume
77.470      77.620      77.250      77.590      16,823,988

Technical Outlook
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period        50-period        200-period
Close:                       76.55                74.28                69.07
Volatility:                10                      15                      15
Volume:                  15,060,902      17,814,284      22,359,700

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

MICROSOFT CP is currently 12.3% above its 200-period moving average and is in an upward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of MSFT.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on MSFT.O and have had this outlook for the last 9 periods. Our momentum oscillator is currently indicating that MSFT.O is currently in an overbought condition.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 84.9571. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 14 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 72.28. This is where it usually tops. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 61 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 101.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a buy 14 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 8 period(s) ago.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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