Microsoft beats Q4 cloud expectations as full-year Azure revenue tops $100 billion
Microsoft's strong cloud performance and the news of Azure surpassing $100 billion in revenue. The key points are that it exceeded cloud expectations for the fourth quarter and that investors are watching to see if companies like Alphabet will increase their capital expenditure plans.
A strong upward momentum has been observed following the earnings announcement. On July 30, the closing price surged to 451.1, marking a significant increase compared to the previous day, and related news indicates that the stock price is soaring to all-time high levels alongside better-than-expected earnings, prompting consideration for entry.
Selling pressure is expected at the resistance level of $400, so I will take profits at $400.0. If the support level of $380 is breached to the downside, there is a possibility of further decline, so I will set a stop loss at $375.0.
The RSI(14) is at 50.2, indicating that it is neither in the overbought nor oversold range, and the moving averages are in a non-aligned state. The trading volume is somewhat low at 0.68 times the 20-day average, and the recent 7-day volatility is -3.0%.
Past Similar Success Cases: 2026-07-31 03:27:52, Return 15.5%, News: Microsoft pops as Q4 results top estimates; Azure tops $100B in revenue, etc.
The company achieved a return of 15.5%, significantly exceeding the forecasted return of 1.5%. Technically, the RSI is neutral and the moving averages are misaligned, leading to a conservative approach in setting a lower target price. However, in reality, a strong rally followed the earnings announcement, resulting in outcomes that far surpassed the target price.
We will reflect on the underestimation of strong volatility and news momentum immediately following the earnings announcement. Even if technical indicators are neutral, it is necessary to practice setting target prices flexibly when accompanied by strong earnings-based news (such as Azure revenue), thereby assessing the strength of the trend more highly.