Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Two Windows Mixed Reality headsets have reportedly been released by Microsoft Corporation (MSFT) to the general public. The headset manufactured by Acer is priced at $299, while the one by HP – at $329.

Microsoft shares closed lower for a fifth consecutive trading session on Tuesday. The stock edged down 0.17% ($0.12) to $72.58, with the intraday high and the intraday low being at $73.42 and $72.49 respectively. In the week ended on July 30th the shares of the tech giant lost 1.02% of their market value compared to a week ago, which marked the first drop in the past four weeks, but yet, the smallest one since the week ended on June 18th. The stock has dipped 0.17% so far during the current month, following a 5.47% surge in July. The latter has been the fourth gain in the past five months and also the steepest one since July 2016. For the entire past year, the shares of the NASDAQ-listed company gained 12.00%.

The products have already been available for developers earlier in 2017.

According to Seeking Alpha, the two headsets are considered as developer editions, thus, customers will not be able to use technical support, at least for now, while updates can be expected in due time.

The headsets are similar in terms of technical characteristics. Both products are equipped with 2.89-inch LCD displays with 1400 x 1400 resolution, which offer refresh rate of up to 90 Hz and a 95-degree horizontal field of view.

According to CNN Money, the 32 analysts, offering 12-month forecasts regarding Microsoft’s stock price, have a median target of $80.50, with a high estimate of $90.00 and a low estimate of $49.00. The median estimate is a 10.91% surge compared to the closing price of $72.58 on August 1st.

The same media also reported that 24 out of 35 surveyed investment analysts had rated Microsoft’s stock as “Buy”, while 9 – as “Hold”. On the other hand, 1 analyst had recommended selling the stock.

Daily and Weekly Pivot Levels

With the help of the Camarilla calculation method, today’s levels of importance for the Microsoft stock are presented as follows:

R1 – $72.67
R2 – $72.75
R3 (Range Resistance – Sell) – $72.84
R4 (Long Breakout) – $73.09
R5 (Breakout Target 1) – $73.39
R6 (Breakout Target 2) – $73.51

S1 – $72.49
S2 – $72.41
S3 (Range Support – Buy) – $72.32
S4 (Short Breakout) – $72.07
S5 (Breakout Target 1) – $71.77
S6 (Breakout Target 2) – $71.65

By using the traditional method of calculation, the weekly levels of importance for Microsoft Corporation (MSFT) are presented as follows:

Central Pivot Point – $73.26
R1 – $74.20
R2 – $75.36
R3 – $76.30
R4 – $77.24

S1 – $72.10
S2 – $71.16
S3 – $70.00
S4 – $68.84

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Soft futures mixed, sugar at a three-year lowSoft futures mixed, sugar at a three-year low Soft futures were mixed on Tuesday with coffee, cocoa and sugar marking losses on the day, while cotton gained.On the ICE Futures U.S. Exchange, coffee futures for July delivery traded at $1.2743 a pound at 12:13 GMT, down 1.01% on the […]
  • Forex Market: AUD/USD daily forecastForex Market: AUD/USD daily forecast During yesterday’s trading session AUD/USD traded within the range of 0.9343-0.9384 and closed at 0.9370.At 8:45 GMT AUD/USD traded at 0.9388, gaining 0.17% for the day. The pair touched a daily high at 0.9396 at 8:20 GMT, breaching the […]
  • Robinhood Settles with FINRA for $29.75M, Shares Dip to $44.42Robinhood Settles with FINRA for $29.75M, Shares Dip to $44.42 Key momentsRobinhood Markets’s share price dropped to $44.42. Reduced trading volume, down 39%, fueled market unease. Moreover, Chief Technology Officer Jeffrey Tsvi Pinner sold 5,853 shares of Robinhood stock last Wednesday. Robinhood […]
  • Reserve Bank of Australia holds rate at 4.35% for sixth timeReserve Bank of Australia holds rate at 4.35% for sixth time The Reserve Bank of Australia kept its cash rate without change at 4.35% at its August policy meeting, in line with market expectations.The central bank noted that inflation still remained above the midpoint of its 2%–3% target range, […]
  • Boeing Co.’s share price down, Qatar Airways to purchase 50 more 777XBoeing Co.’s share price down, Qatar Airways to purchase 50 more 777X Boeing Co. managed to steal spotlight at the Farnborough show, with Qatar Airways expressing commitment to double their order of 50 units of the new 777-9X aircraft.Mr. Akbar Al Baker, who is the current Chief Executive Officer of Qatar […]
  • ETH Climbs 2.35% to $1,557, BlackRock’s Ethereum ETF Sees Inflows of $6.4METH Climbs 2.35% to $1,557, BlackRock’s Ethereum ETF Sees Inflows of $6.4M Key momentsEthereum registered a 2.35% increase on Friday that propelled its price near the $1,560 mark. Daily inflows into Blackrock’s Ethereum ETF reached around $6.4 million. A prominent early investor has sold off $7 million in […]