Microsoft Signs 20-Year Energy Deal with Chevron as AI Demand Surges
📊 MSFT — Piyasa Yorumu
▲ up · 60%The news indicates that Microsoft has signed a 20-year energy agreement with Chevron, driven by increasing demand for artificial intelligence. This is a positive development supporting long-term growth potential. However, technical indicators are in oversold territory (RSI at 24.2), and the price is below the 20-day moving average, suggesting short-term recovery potential. Although the MACD is in negative territory, the combination of oversold conditions and positive news could lead to a short-term rally. Nevertheless, since the downtrend has not been broken, there is a risk that the upward movement may remain limited.
📊 CVX — Piyasa Yorumu
▲ up · 60%The news is a positive development for Chevron, providing long-term demand security. However, technical indicators are weak: RSI at 36 in the sell zone, MACD below zero, and the price below the 20- and 50-day moving averages. In the short term, the positive news may partially offset the technical pressure, but for a sustained rally, the price needs to break the $176 resistance. Therefore, I expect only limited upside.