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Going into today's trading, Microsoft (NASDAQ:MSFT) is down eight days in a row.

We looked back throughout the company's entire public history to see how many times this has occurred and found that it has only happened on 2 other occasions. On October 10, 1988, the stock was down eight days in a row and went up 2.48% on the ninth day. Over the following week, the stock gained 3.96%. On September 22, 2005, the stock experienced the same eight-day losing streak but went down 28 bps on the ninth day, was flat on the tenth day, and was up 2.37% over the next week.

Please see the table below for details.

click to enlarge
msft 8

Source: Microsoft Down Eight Straight Days: Reversal Time?