Microsoft MSFT technical analysis

MSFT trades at $494.18, down 0.52% in 24 hours. The daily trend is mixed, with price below the daily SMA20 of 494.611, though RSI14 at 56 on the daily and 44 on the 4-hour shows neutral momentum.

Price is battling the 4-hour support zone of 489.29-493.81, which has three touches, overlapping daily support at 491.52-493.81 with two touches. Above, resistance sits at 498.699-500.181 on the 4-hour, while the 513.726-517.78 zone holds three touches on both timeframes.

Bulls need to reclaim the 4-hour SMA20 at 500.59 and clear 498.699-500.181 to challenge 513.726-517.78. Bears must break and hold below 489.29-493.81, targeting the next support at 477.099-478.581, which has two daily touches.