As of January 24, 2026, Microsoft (MSFT) shares closed at $465.95 on January 23, marking a strong 3.35% gain on elevated volume of over thirty-seven million shares, with after-hours trading around $466.70. This rebound came after a fifteen percent pullback from July highs near $555, breaking prior support at $500-$510 and testing lower zones around $468-$470.
Technically, the stock shows mixed but improving signals on the daily chart. The price sits above most short-term moving averages: the twenty-day SMA at approximately $454, fifty-day around $457, and one hundred-day near $467, signaling a potential shift to bullish momentum in the near term. However, it’s still below the two hundred-day SMA near $475, reflecting lingering weakness from the broader correction.
The RSI (fourteen-period) stands at about sixty-four, in buy territory but not yet overbought, suggesting room for upside without immediate reversal risk. MACD shows positive at roughly three point five, with a buy signal as the line crosses above the signal line, supporting the recent rebound.
Other indicators lean bullish: ADX over thirty-nine indicates a strengthening trend, while oscillators like STOCH and Williams %R flash overbought but confirm momentum. Key support holds at $450-$460, with stronger levels down to $420 if tested; resistance looms at $500-$510, the broken prior support now acting as overhead.
Overall, despite a “strong sell” summary from some composite tools amid the prior downtrend, the January 23 surge and indicator alignment point to short-term bullish potential, especially ahead of upcoming earnings. Traders might eye longs above $470 with stops below $450, targeting $500, but caution remains for volatility in this distribution-like pullback phase.