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Oct. 7, 2021, 10:03 a.m. EDT

Microsoft, Alphabet stocks rise back above 50-day moving averages

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By Tomi Kilgore

Shares of Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +2.11% rose 0.7% and Alphabet Inc.'s stock /zigman2/quotes/202490156/composite GOOGL +2.35% climbed 1.4% in morning trading Thursday, making then the first of the mega-capitalization technology companies to trade back above their respective 50-day moving averages (DMA). Microsoft's and Alphabet's stocks both first closed below their respective 50-DMAs, which many on Wall Street use as a guide to the short-term trend, on Sept. 28, which was Microsoft's first close below that key technical level since June 3 and Alphabet's first close below it since Jan. 15. Microsoft's 50-DMA currently extends to $294.56 and Alphabet's comes in at $2,784.92, according to FactSet. Meanwhile, Apple Inc. stock /zigman2/quotes/202934861/composite AAPL +2.19% is 2.5% below its 50-DMA, Amazon.com Inc.'s stock /zigman2/quotes/210331248/composite AMZN +1.63% is 1.5% below its 50-DMA and Facebook Inc.'s stock /zigman2/quotes/205064656/composite FB +1.47% is 6.7% below its 50-DMA. The tech-heavy Nasdaq 100 /zigman2/quotes/210598364/realtime NDX +2.33% , the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.32% and the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.68% are also still below their 50-DMAs.

/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 336.63
+6.95 +2.11%
Volume: 28.56M
Nov. 29, 2021 4:00p
P/E Ratio
37.63
Dividend Yield
0.74%
Market Cap
$2475.23 billion
Rev. per Employee
$928,663
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/zigman2/quotes/202490156/composite
US : U.S.: Nasdaq
$ 2,910.61
+66.95 +2.35%
Volume: 1.63M
Nov. 29, 2021 4:00p
P/E Ratio
28.03
Dividend Yield
N/A
Market Cap
$1891.60 billion
Rev. per Employee
$1.35M
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/zigman2/quotes/202934861/composite
US : U.S.: Nasdaq
$ 160.24
+3.43 +2.19%
Volume: 88.75M
Nov. 29, 2021 4:00p
P/E Ratio
28.58
Dividend Yield
0.55%
Market Cap
$2572.69 billion
Rev. per Employee
$2.38M
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/zigman2/quotes/210331248/composite
US : U.S.: Nasdaq
$ 3,561.57
+57.01 +1.63%
Volume: 3.27M
Nov. 29, 2021 4:00p
P/E Ratio
69.64
Dividend Yield
N/A
Market Cap
$1777.33 billion
Rev. per Employee
$297,430
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/zigman2/quotes/205064656/composite
US : U.S.: Nasdaq
$ 338.03
+4.91 +1.47%
Volume: 16.65M
Nov. 29, 2021 4:00p
P/E Ratio
24.13
Dividend Yield
N/A
Market Cap
$926.66 billion
Rev. per Employee
$1.47M
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/zigman2/quotes/210598364/realtime
US : U.S.: Nasdaq
16,399.24
+373.66 +2.33%
Volume: 710,747
Nov. 29, 2021 5:16p
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/zigman2/quotes/210599714/realtime
US : S&P US
4,655.27
+60.65 +1.32%
Volume: 2.50B
Nov. 29, 2021 4:57p
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
35,135.94
+236.60 +0.68%
Volume: 416.04M
Nov. 29, 2021 4:57p
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