Buy signal · week 9
Microsoft adds 0.3%: a fresh 30-week high that the weekly close fails to confirm
Our view last week
After 3 down weeks, price action on Microsoft stock shifts gear: a bounce off the 20-day moving average, in the 497 area, lifts the week 4.5%, with buyers back in front on volume. The price now sits between the 7-day high in the 519 area and the daily upper Bollinger Band in the 514 area. It remains one of the weekly buy signals among US tech stocks, now 11.07% up from entry.
This week's summary
A fresh 30-week high in the 523 area, yet the weekly close fails to confirm it: Microsoft ends the week up 0.3% after last week's 4.5% rebound. Price action on Microsoft stock stays constructive, with 4 higher lows on the daily chart and the weekly ADX rising, while the MACD histogram has been falling for 5 weeks. Among tech stocks it remains one of the weekly buy signals, 11.36% up from entry, with earnings due on October 27.
IQS Phase
67
in tension
Signal Strength
59
medium
Sizing
STANDARD
Ranking
#52 / 93
US stocks in progress
Trade P&L %
+11.36%
from signal to date, no stop loss
Microsoft (MSFT) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
Rank position
ranks 52nd among the 93 Longs already running for US stocks in our ranking, with a signal strength of 59 out of 100.
Sector context
SectorGrowth Tech
Benchmark ETFXLK
Sector regimein strong phase
Performanceweekly +1.80% · monthly +8.83%
MSFT belongs to the growth tech sector (reference ETF XLK). The sector is classified in strong phase according to our weekly reading.
restricted Platinum content