MSFT is currently testing a multi-year bearish divergence that has built-up on the RSI.If price continues to decline from here, a failure to break above the RSI resistance will be confirmed.
MSFT is unlikely to make any meaningful momentum upwards until this resistance is broken.We see similar divergences on other major tickers:
AAPL :
AMZN :Could this be a warning sign for the broader markets as they near ATHs?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.