MSFT Coiled Spring Ready to Release at $450.24
Microsoft Corp (MSFT) advanced 5.45%, ending the session at $450.24 on May 31.
Technical indicators paint a bullish picture:
Moving Averages
Bullish EMA alignment intact with price above the 9-day at $424.86 and 21-day at $418.82.
Momentum
RSI at 69.2 is in neutral territory but trending higher. MACD reads 5.80 against its 4.13 signal line (bullish).
Volatility
A 14-day TTM Squeeze suggests volatility is coiled and a breakout may be imminent.
The bullish trend is intact, but overbought momentum readings suggest waiting for a pullback.
The $399.24-$435.95 range defines near-term boundaries.
