The price of Microsoft Corporation (NASDAQ:MSFT) over the past year has increased 35.04% while the S&P 500 has increased 18.38%. During the past 20 days, MSFT has increased 1.82% while the broad market has increased 2.67%. MSFT ‘s 20-day moving average currently sits below its 100-day moving average. This is a bearish signal that suggests the stock price might have farther to fall. MSFT’s average trading volume during the past 20 days is lower than the average volume over the past 100 days, which could be an indication that investors are feeling less certain than usual about the direction of MSFT’s future price movements.

Recent trading patterns in the stock of Microsoft Corporation (MSFT) have investors on high alert. Traders use price and volume data to predict performance and time their positions. In the case of MSFT, the data could have some important implications for future performance. In the most recent quarter, institutional ownership increased by a net of 2.48 million shares, or 0.04%.This is a bullish sign and indicates that institutions are feeling more optimistic about the outlook for MSFT overall.1,048 holders increased their positions, 1,266 decreased their positions, and 234 holders held their positions.

Among institutions that increased their positions, 86 were new positions. Among holders that decreased their positions, 52 sold out of the stock Microsoft Corporation. Insider ownership during the latest quarter decreased by a net of 131505 shares, indicating that MSFT’s key executives are feeling more bearish about the stock than they did three months ago. 6 or 33.33% of the trades during the past quarter were buys, and 12 or 66.67% were sells. This activity represents a continuation of a theme over the past twelve months. Insider ownership during the last year has decreased by a net of 45.88 million shares. 27.52% of insider trades in the last 12 months were buys, and 72.48% were sells.

Microsoft Corporation (NASDAQ:MSFT) has a 20-day RSI of 58.17%. According to this momentum indicator, a reading between 30 and 70 suggests the stock is not especially cheap or expensive, and not on the brink of a trend reversal. The MACD tells a different story. MSFT’s 9-day MACD currently sits below the 20-day MACD, indicating that the stock might be on the cusp of a downtrend. MSFT’s average trading volatility during the past few weeks is 26.12% higher than the average volatility over the past 100 days. This means that the stock’s daily price swings have been more extreme in recent times compared to the past.

Analysts expect Microsoft Corporation (MSFT) to generate earnings per share of $3.38 in 2017. This works out to an increase of 2.11% compared to last year’s earnings. For comparison’s sake, analysts expect the S&P 500 to grow earnings by an average of 12% in 2017. The average investment rating for MSFT on a scale of 1 to 5 (1 being a strong sell and 5 being a strong buy) is a 4.38 or a Moderate Buy. Three months ago, analysts assigned MSFT a 4.26 rating, which implies that analysts have become more optimistic about the outlook for the stock over the next year.