Score 9 (out of 10): MICROSOFT poised to seasonally rally by +7.8% during the next 60 days.

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What’s Going On Here?

Bank of Queensland commits to a five-year strategic partnership with Microsoft to accelerate its digital transformation. The landmark partnership will see BOQ become the first Microsoft Cloud for Financial Services customer in Australia and New Zealand

Why Now?

MICROSOFT indicates an interesting 60 days seasonal set up. During similar occasions, MICROSOFT shares had a median return of +7.8% – based on 9 historical occasions with 8 of those showing positive returns (89%). This buy signal for MICROSOFT received a high score of 9 (out of 10). This insight was generated with last price of 266.65.

What’s This Token About?

MICROSOFT is in the Applications Software business. Based on the last 2 years’ risk/return profile, this asset is seen as Moderate Risk. Ticker symbol: MSFT US.

What’s My Risk / Reward and Time Horizon?

We found 60 days to be the optimal trade horizon, after testing a number of possible alternatives (accuracy of previous returns). Otherwise consider closing out this trade once the target level of 287.32 (+7.8%) has been reached. Based on MICROSOFT’s recent up and down swings, LongShortBets suggests considering to set a stop loss level for this insight at 257.75 (last price at 266.65), which is equivalent to a -3.3% decline.

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ under (2), etc.

Previous episodes:

10.7% (October-2021), 6.7% (October-2020), -0.4% (October-2019), 6.7% (October-2018), 8.8% (October-2017), 13.3% (October-2016), 2% (October- 2015), 9% (October-2014), 10.4% (October-2013).

Historical Chart:

Summary:

NameMICROSOFT
ViewUp
Star (1 to 10)9.0
Target7.8%
Time60 days
Hit Rate89%

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