NEW YORK (TheStreet) -- The battle between Xbox and PlayStation has intensified in the race for holiday sales. I am not a user of either product, but when you look at my buy-and-trade strategies, the companies that make those products have some similarities and differences.Microsoft ( MSFT) ($37.40) has a hold rating according to www.ValueEngine.com and the stock is 33% overvalued in a stock market where 85.9% of all stocks are overvalued. Microsoft is also one of 57.2% of the stocks overvalued by 20% or more. The ValuEngine one-year price target is $37.94. My annual value levels are $28.57 and $27.92 with semiannual pivots at $33.95 and $35.89, a quarterly pivot at $36.22 and a monthly risky level at $38.97. The daily chart for Microsoft is neutral with declining momentum but with the stock above its 21-day simple moving average at $36.69. The long-term weekly chart for Microsoft shows that the stock is at a multiyear high and is entering the 'dunce cap' of its tech bubble of 1999-2000. The weekly chart profile is positive but overbought and stays that way with weekly closes above its five-week modified moving average at $35.96. The major support over the past two years has been the 200-week SMA at $28.60, which lines up with my annual value levels.