Microsoft may fall to 383.00 - 392.00

Our pivot point stands at 441.

Our preference

The downside prevails as long as 441 is resistance.

Alternative scenario

Above 441, look for 456 and 465.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the stock is trading under both its 20 and 50 day moving average (respectively at 450.1995 and 438.8976). Finally, Microsoft is trading below its lower daily Bollinger band (standing at 424.81).

Supports and resistances

465 **

456 *

441 **

436

418.4 (USD-last)

400

392 **

383 *

374 **

Number of asterisks represents the strength of support and resistance levels.