Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

Microsoft Corporation (NASDAQ: MSFT) is a technology company. The Company develops and supports software, services, devices, and solutions. The Company’s segments include Productivity and Business Processes, Intelligent Cloud, and More Personal Computing.

This US Daily Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

• MSFT's share price has increased by 10.53% in the past three months. Similarly, in the long term, the stock has increased by approx. 9.31% over the past nine months.
• The stock is currently trading near to the lower end of its 52-week range of USD 468.35 and 52-week low price of USD 364.13, with the expectations of an upside movement if the current support level of USD400-USD 420 holds.
• The price is currently above both its short-term (50-day) SMA and long-term (200-day) SMA, with the current RSI of around 67.16.

1.2 Summary Table

1.3 The Key Positives & Negatives

Section 2: Microsoft Corporation (NASDAQ: MSFT) (“Buy” at the current price of USD 443.29, as of December 06, 2024, at 07:15 am PST)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is December 06, 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock market can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which stock prices tend to find support if they fall, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stocks prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.