MSFT Buyers Exhausted? RSI Warns at $543.45
Shares of Microsoft Corp (MSFT) rose 0.43% to $543.45 on October 13.
From a technical standpoint, the outlook appears bullish:
Moving Averages
Moving averages are stacked bullishly—9-day EMA ($529.73) supports, 21-day ($517.74) below.
Momentum
RSI at 72.0 is in overbought territory, suggesting potential near-term exhaustion. MACD reads 12.35 against its 10.16 signal line (bullish).
Volatility
Bollinger Band width at 12.2% indicates normal volatility.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
Technical levels: $482.96 support, $545.44 resistance.
