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Microsoft Corp Bullish Moving Average Crossover Alert (MSFT)

By Shiri Gupta

Microsoft Corp (NASDAQ:MSFT) crossed over its 10-day moving average of $97.09 on a volume of 3.9 million shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Microsoft Corp share prices have moved between a 52-week high of $98.69 and a 52-week low of $48.03 and are now trading 103% above that low price at $97.51 per share. The 200-day and 50-day moving averages have moved 0.72% higher and 0.36% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Microsoft Corp and will alert subscribers who have MSFT in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses microsoft corp

Ticker(s): MSFT