Microsoft stock trades near record highs as premarket session hints at sustained momentum
Microsoft stock holds near record highs after third weekly gain
Microsoft Corp. stock is holding firm near all-time highs after logging a third consecutive weekly gain. The technology giant climbed to a record $480.5 last week before pulling back slightly.
The weekly close at $475.0 still delivered a 0.95% gain, reinforcing the strength of the underlying bullish trend.
Highlights
-Microsoft stock is up 0.2% in premarket after three weeks of gains
-$473.3 acts as support aligned with Fibonacci and prior resistance
-$478 remains the upside trigger toward a potential new record high
The retracement late last week tested a previous resistance at $473.3. That level held firm as support, giving buyers enough room to lift the price back toward the weekly close. This bounce-off support has set the tone for early action this week.
Microsoft stock price dynamics (May - June 2025)
Today, Monday, June 16, MSFT price is trading near $475.9 in premarket hours, posting a 0.2% increase. This price behavior points to a continuation of the momentum that carried over from the previous week.
Microsoft’s 50 EMA and 61.8% Fib convergence offer downside cushion
Technical signals are somewhat mixed. The daily RSI remains in overbought territory, above the 70 threshold. That suggests a potential for short-term fatigue if buyers fail to carry through. However, hourly RSI readings are still within bullish bounds, giving near-term strength to the current move.
From a price structure perspective, the key upside trigger today lies at $478, which marks the previous day’s high. A break above that level could lead to a retest of the $480.5 all-time high. Given the strong weekly trend and premarket strength, a new record high is not out of reach if momentum sustains into the regular session.
On the downside, the key near-term support sits at $473.3, which also aligns with the 50% Fibonacci retracement level from last week’s move. If price retreats, that level is expected to act as a cushion. A deeper pullback could target the 61.8% Fibonacci level, which coincides with the 50 EMA on the 1-hour chart.
Microsoft’s technical setup continues to favor buyers. While overbought conditions warn of potential pauses, the structure of higher lows and strong reaction at prior support suggests underlying demand is intact. The next few sessions will be key in confirming whether buyers are ready to drive the stock into new high territory or if price will pull back toward support levels before any further advance.
Microsoft pulled back below $473.5 as profit-taking kicked in near the $480 resistance. RSI flashed overbought while $468.5 acted as the key level holding the weekly uptrend.
