Microsoft Flashes Golden Cross After 12% 4-Week Gain

1 articles · Updated · Yahoo Finance · Aug 28

Microsoft’s 50-day moving average has crossed above its 200-day line, a technical “golden cross” that traders read as a potential bullish breakout signal.
The setup followed a rebound from a key support level and fits the classic pattern of a prior downtrend bottoming before shorter-term momentum overtakes the longer-term trend.
MSFT has already climbed 12% over the past four weeks, suggesting the crossover is arriving alongside improving price momentum rather than in isolation.
The bullish case is reinforced by earnings revisions: analysts raised current-quarter estimates 13 times in the past 60 days, with no downward changes, while Zacks rates the stock a #3 Hold.