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TMCNet:  Shares of MSFT Down 10.1% Since Downtrend Call on Shares

[December 03, 2012]

Shares of MSFT Down 10.1% Since Downtrend Call on Shares

Dec 03, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for Microsoft (NASDAQ:MSFT) on October 9th, 2012 at $29.46. In approximately 2 months, Microsoft has returned 10.08% as of today's recent price of $26.49.

In the past 52 weeks, shares of Microsoft have traded between a low of $23.65 and a high of $32.95 and are now at $26.49, which is 12% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.7%.

Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Microsoft.

Log in and add Microsoft (MSFT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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