Microsoft Corporation (NASDAQ: MSFT) Stock Price Movement

Microsoft will make profit in the future more confidently. It was a meeting of the CEO of Microsoft and analysts. It was adopted financial plan according to which the future performance of the company will be considerably less, depending on the software products related to desktop computers.

Microsoft is trying to move away from the sale of software packages that deliver one time proceeds from the sale to the subscriber like Netflix or contracts with mobile telephony. To this subscription business model successfully work, Microsoft will have to expand the user base Windows operating system. Therefore it was decided to transform Windows so that it can be used on mobile devices as well as on traditional laptops.

Subscriptions to the software should attract a larger number of users who would eventually be offered the option of subscribing to other products such as mobile applications. It would ultimately result brought higher revenue per user. Other software companies like Oracle and Adobe Systems also make similar changes. As well as those of Microsoft and the innovations tried that in the eyes of investors to remain a company that is still developing and not those whose best days are in the past.

However, the transformation of Microsoft will be more complex than other companies because of the huge number of existing users to personal and corporate computers. As a result of the new business model for Windows Microsoft expects strong revenue growth at least in the short term.

Microsoft Stock Price

50.05 52 week high

47.77 4 week high

46.77 pivot point and 2nd level resistance

46.25 38.2% retracement from 52 week high

46.02 pivot points and 1st level resistance

45.94 38.2% retracement from 13 week high

45.68 38.2% retracement from 4 week low

44.77 pivot points and 1st level support

44.37 current price

44.36 4 week low

44.27 pivot point and 2nd level support

43.91 38.2% retracement from 52 week low

43.72 38.2% retracement from 13 week low

43.47 13 week low

40.12 52 week low

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