$MSFT Microsoft Corporation Stock Robo Analyst March 27 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 broken through an important trendline at 158.86 suggesting the next level of support is 148.78. The long-term uptrend has now turned neutral.

The stock has support at 148.78 and 135.61. If the stock breaks down through support at 148.78 then it will probably continue lower to 135.61. The stock will meet resistance at 152.50 and 160.20. If the stock breaks up through resistance at 152.50 then it will probably continue higher to 160.20. The 200-day moving average is at 148.40. This will also act as support. If the stock closes below 148.78 a negative trend change is probable. Look for the stock to fall to the 200-day moving average at 148.40. The stock is slightly oversold according to the Stochastic Indicator (33.14).”