$MSFT #MICROSOFT DAILY ANALYSIS| MAY 4Th, 2026

TradingView2026/05/05 06:51

By:TradingView

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#MICROSOFT DAILY ANALYSIS| MAY 4Th, 2026

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Price: ~$415.44
52W Range: $356.28–$555.45
Cheapest forward P/E since 2023
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🕯TREND OVERVIEW

Microsoft last closed at $414.44 on May 1, 2026, down from a pre-earnings close of $429.25 on April 28. The stock sold off -3.93% on April 30 ($407.78) despite a strong Q3 earnings beat, driven entirely by investor concern over a $190B capex guidance — $35B above consensus.

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⛔️RESISTANCE LEVELS

$431 → Key Resistance | 200-day Moving Average overhead

$442–$449 → Near-Term Resistance | April high cluster, pre-earnings ceiling.

$477–$484 → Pivotal Resistance | Intermediate recovery zone

➕SUPPORT LEVELS

$409–$410 → Post-earnings base must hold

$381–$392 → Hard historical floor below $410 zone

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📈INDICATORS — DAILY

🔹RSI (14): ~54 range back in a neutral territory. RSI was at 39 during the March lows has been recovering but the post-earnings dip may have reset it back toward the 50s.

🔹 MACD (12,26) was turning positive during the April pre-earnings rally the April 30 selloff likely caused a bearish MACD crossover back below signal line, creating a fresh short-term sell sentiment.
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🕯 CHART PATTERN

A lower high ($429 vs. pre-March high) has formed on the daily the broader structure remains a descending channel from the $555 ATH. However, the $356–$429 recovery also traces a V-shaped rebound, with the post earnings pullback potentially forming the right shoulder of a double-bottom.
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🌍 KEY CATALYSTS

⚡ Q3 FY2026 BEAT: EPS $4.27 (+5.2%) | Revenue $82.89B (+18% YoY) ✅
⚡ Azure cloud: +33% YoY re-accelerating for 2nd straight quarter 🚀
⚡ Net income: $31.78B (+23% YoY) ✅
⚡ Selloff trigger: $190B capex (vs $154B expected) $35B shock ⚠️
⚡ Wells Fargo PT: $625 | Goldman Sachs PT: $610 ✅
⚡ Forward P/E: 21.5x — cheapest since 2023 🔥
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🧭 OVERALL BIAS

🟢 BULLISH (LONG-TERM) | 🟡 CAUTIOUS (SHORT-TERM)

Short-term: Need close above $430 to confirm recovery
Key level to reclaim: $445 → opens path to 200-day MA ($449)

Invalidation: Daily close below $394

#NFA #DYOR

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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$MSFT #MICROSOFT DAILY ANALYSIS| MAY 4Th, 2026

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