Key Microsoft Updates: Gaming, Windows 10, and the PC Market
Microsoft’s shareholder returns and stock trends
As of March 28, 2016, Microsoft (MSFT) has generated returns of ~32.3% for the trailing-12-month period and 5.7% for the trailing-one-month period. The share price of the company has fallen by 0.82% in the trailing-five-day period.
By comparison, Microsoft’s peers Salesforce.com (CRM), SAP (SAP), and Oracle (ORCL) have generated returns of -0.4%, -0.55%, and 0.89%, respectively, in the trailing-five-day period.
Moving averages, MACD, and RSI
On March 28, 2016, Microsoft’s last trading price was $53.54. The company’s stock was trading 1% above its 20-day moving average of $53, 3% above its 50-day moving average of $52, and 1% above its 100-day moving average of $53.
A company’s MACD (moving average convergence divergence) is the difference between its short-term and long-term moving averages. Microsoft’s 14-day MACD of 0.46 shows an upward trading trend, as the figure is positive.
The 14-day RSI (relative strength index) for Microsoft is 58, which shows that the stock is approaching overbought levels but still is far from being considered overvalued. If an RSI is above 70, it indicates that the company’s stock has been overbought. An RSI figure of below 30 suggests that a stock has been oversold.
Analyst recommendations for Microsoft
Out of 38 analysts covering Microsoft’s stock, 23 have issued “buy” recommendations, four have issued “sell” recommendations, and 11 have issued “hold” recommendations. The analyst stock price target for the company is $58.34, with a median target estimate of $60.
Microsoft constitutes 2.4% of the SPDR S&P 500 ETF (SPY) and 8.4% of the PowerShares QQQ, Series 1 ETF (QQQ).
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