Upward Trend with Obstacles
Since the interim high in early August, the price has been moving sideways in a resistance zone between 530 and 533 USD. However, the overall picture remains bullish: the stock is trading above the 20- and 50-day averages, indicating a stable medium-term upward trend. A breakout above 533 USD could unleash new price potential.
Risk of Setback in Case of Support Breakdown
If Microsoft falls below the moving averages, a correction to lower support levels threatens. Investors should closely monitor the area around 510 USD.
Fundamental Tailwind from AI
Fundamentally, Microsoft remains a power: The company has deeply integrated OpenAI's latest model GPT-5 into its products. The partnership between OpenAI and AMD to use alternative GPUs also strengthens Azure's position as an AI infrastructure platform.
With the Dragon Copilot for Healthcare, which is now being introduced in German clinics after a successful pilot phase, Microsoft further expands its lead in the AI sector. The technological moat remains deep – but also expensive to maintain.
Conclusion: Microsoft remains the leading AI player, but the stock price needs fresh impetus to make the decisive leap over 530 US dollars.