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Uptrend Call Working As Microsoft Stock Rises 27.5% (MSFT)

By Amy Schwartz

SmarTrend identified an Uptrend for Microsoft (NASDAQ:MSFT) on July 12th, 2016 at $53.09. In approximately 10 months, Microsoft has returned 27.54% as of today's recent price of $67.71.

Over the past year, Microsoft has traded in a range of $39.72 to $69.71 and is now at $67.71, 70% above that low. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.3%.

Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Microsoft shares.

Log in and add Microsoft (MSFT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights Microsoft

Ticker(s): MSFT