Microsoft Corporation stock closed Thursday at $516.17, gaining 3.7% and approaching its all-time high. The rally has now added 46% since the June low, according to Motley Fool. However, a closer look suggests the move may be running hot in the near term.
Key takeaways
- MSFT closed at $516.17, up 3.7%, now within 6% of its record high
- The daily EMA stack remains bullishly aligned with price above all three major moving averages
- Daily MACD shows a subtle bearish divergence despite the strong session gain
- Hourly RSI at 73.25 flags overbought conditions on the intraday timeframe
- A close above the upper daily Bollinger Band signals short-term overextension
