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Microsoft Corp Bearish Moving Average Crossover Alert (MSFT)

By Amy Schwartz

Microsoft Corp (NASDAQ:MSFT) shares have crossed bearishly below their 10-day moving average of $137.23 on a volume of 7.9 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Microsoft Corp have traded between a low of $93.96 and a high of $141.68 and are now at $134.80, which is 43% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 0.2%.

SmarTrend is monitoring the recent change of momentum in Microsoft Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Microsoft Corp in search of a potential trend change.

Keywords: moving crosses microsoft corp

Ticker(s): MSFT