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After Yesterday's Decline of 1.55%, Microsoft Corp Offers Investors Better Value

Jul 31, 2020 (SmarTrend(R) News Watch via COMTEX) --
Microsoft Corp (NASDAQ:MSFT) traded in a range yesterday that spanned from a low of $199.01 to a high of $204.69. Yesterday, the shares fell 1.5%, which took the trading range below the 3-day low of $199.57 on volume of 21.5 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

SmarTrend is monitoring the recent change of momentum in Microsoft Corp. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Microsoft Corp in search of a potential trend change.

In the past 52 weeks, shares of Microsoft Corp have traded between the current low of $0.00 and a high of $216.38 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.97% higher and 0.99% higher over the past week, respectively.

Write to SmarTrend at cs@mysmartrend.com

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