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Jan. 25, 2022, 2:51 p.m. EST

Microsoft stock tries to fend off a break of the 200-day moving average for 2nd-straight day

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By Tomi Kilgore

Shares of Microsoft Corp. /zigman2/quotes/207732364/composite MSFT +0.85% fell 0.8% in afternoon trading, putting them on track to fight off a break of the closely watched 200-day moving average for the second-straight day. The 200-DMA, which many chart watchers see as a dividing line between longer-term uptrends and downtrends, rose to $292.94 on Tuesday, or 1.2% below the previous session's close, from $292.78 on Monday. The last time it closed below the 200-DMA was March 25, 2020. On Monday, the stock dipped below the 200-DMA, as it fell as much as 6.7% to an intraday low of $276.05 before bouncing to close above it at $296.37. On Tuesday, the stock fell as much as 3.8% to an intraday low of $285.71, before climbing back above it. Meanwhile, the Nasdaq Composite /zigman2/quotes/210598365/realtime COMP +0.91% fell 0.8% to 13,742, below its 200-DMA at 14,735, while the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.60% gained 128 points, or 0.4%, to 34,489, but below its 200-DMA at 34,969.

/zigman2/quotes/207732364/composite
US : U.S.: Nasdaq
$ 256.25
+2.17 +0.85%
Volume: 12.89M
May 19, 2022 11:59a
P/E Ratio
26.84
Dividend Yield
0.96%
Market Cap
$1900.27 billion
Rev. per Employee
$1.06M
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/zigman2/quotes/210598365/realtime
US : Nasdaq
11,522.24
+104.08 +0.91%
Volume: 1.96M
May 19, 2022 11:59a
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
31,301.39
-188.68 -0.60%
Volume: 231.24M
May 19, 2022 11:59a
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