$MSFT Microsoft Corporation Stock Robo Analyst February 28 2020 #MSFT

Microsoft Corporation (MSFT) “On a long-term technical basis, the stock (MSFT) is trading above its 200-day moving average which implies it is in a positive trend. However, the stock has recently broken through an important trendline at 162.03 suggesting the next support level is at 160.20. This weakness suggests the long-term trend is turning neutral.

The stock has support at 160.20 and 151.87. If the stock breaks down through support at 160.20 then it will probably continue lower to 151.87. The stock will meet resistance at 162.03 and 190.70. If the stock breaks up through resistance at 162.03 then it will probably continue higher to 190.70. The 200-day moving average is at 145.88. This will also act as support. The stock is slightly oversold according to the Stochastic Indicator (31.43).”