shares of microsoft corp msft fell 08 in afternoon trading putting them on track to fight off a break of the closely watched 200day moving average for the secondstraight day the 200dma which many chart watchers see as a dividing line between longerterm uptrends and downtrends rose to 29294 on tuesday or 12 below the previous sessions close from 29278 on monday the last time it closed below the 200dma was march 25 2020 on monday the stock dipped below the 200dma as it fell as much as 67 to an intraday low of 27605 before bouncing to close above it at 29637 on tuesday the stock fell as much as 38 to an intraday low of 28571 before climbing back above it meanwhile the nasdaq composite comp fell 08 to 13742 below its 200dma at 14735 while the dow jones industrial average djia gained 128 points or 04 to 34489 but below its 200dma at 34969