MICROSOFT (#MICROSOFT) weekly special report based on 1 Lot Calculation:
ARTIFICIAL INTELLIGENCE
- AI: ACCORDING TO THE INTERNATIONAL DATA CORPORATION, COMPANIES WILL SPEND $500 BILLION BY 2027. According to Techcircle, Microsoft is bringing generative artificial intelligence (AI) dubbed ‘Copilot’ to its Microsoft 365 apps including Word, Excel, PowerPoint, Outlook, Teams, and Viva. According to Wikipedia, the service was introduced under the name Bing Chat, as a built-in feature for Microsoft Bing and Microsoft Edge. Over the course of 2023, Microsoft began to unify the Copilot branding across its various chatbot products, cementing the Copilot analogy.
- MICROSOFT IS A LEADER FOR ARTIFICIAL INTELLIGENCE PLATFORMS: According to recent data, Microsoft has introduced “BING AI” and Copilot for Microsoft 365. From before, Microsoft has partnered with OpenAI, which developed the most demanded AI application, ChatGPT.
MICROSOFT: EVENTS AND ANALYSIS
- EVENT (CONFIRMED: TUESDAY, JULY 30, AFTERMARKET): Q2 EARNINGS RESULTS. The company is expected to print 64.54 billion dollars in revenue for Q2, accompanied by a net income of 22.045 billion dollars. This would be up 14.86% in revenue year on year, and an increase of 10.46% in net income year on year.
- EARNINGS AND REVENUE PERFORMANCE: The company has beat revenue estimates 6 times over the past 8 quarterly earnings releases, and has beat earnings estimates 7 times over the past 8 quarterly earnings releases. In other words, 81.25% of the time Microsoft would be earnings and revenue estimates in the past.
SOURCE: BLOOMBERG PLATFORM
Please note that past performance does not guarantee future performance.
MICROSOFT: DIVIDEND POLICY
- DIVIDEND PAID EACH QUARTER: $0.75 a share. This has been recently raised by 10% from 0.68.
- TOTAL ANNUAL DIVIDEND: $3 share.
- EXAMPLE: If an investor owns 10,000 shares, he could each year expect to receive $30,000 in dividends.
PRICE ACTION
- ANALYST OPINION: Wedbus forecasts $550; HSBC forecasts $529; CITIGROUP forecasts 520; Morgan Stanley forecasts $520; Goldman Sachs forecasts $515.
- MICROSFT HIT AN AL TIME HIGH OF $468.65 IN EARLY JULY OF 2024. The stock has gone up around 11% in 2024, boosted by the A.I. revolution.
- MICROSOFT IN 2023: The stock rose 56.46%.
- MICROSFT ROSE ON AVERAGE BY 29.14% ANNUALLY SINCE 2014
Data Source: Meta Trader 4
#MICROSOFT, July 26, 2024
Current Price: 418
|
MICROSOFT |
Weekly |
|
Trend direction |
|
|
550 |
|
|
500 |
|
|
460 |
|
|
380 |
|
|
370 |
|
|
360 |
Example of calculation based on weekly trend direction for 1 Lot1
|
MICROSOFT |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
132,000 |
82,000 |
42,000 |
-38,000 |
-48,000 |
-58,000 |
|
Profit or loss in €2 |
121,739 |
75,626 |
38,735 |
-35,046 |
-44,269 |
-53,491 |
|
Profit or loss in £2 |
102,626 |
63,753 |
32,654 |
-29,544 |
-37,319 |
-45,093 |
|
Profit or loss in C$2 |
182,329 |
113,265 |
58,014 |
-52,489 |
-66,301 |
-80,114 |
1. 1.00 lot is equivalent of 1000 units
2. Calculations for exchange rate used as of 10:00 (GMT+1) 26/07/2024
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.