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Weaker Hold
Today GOOGL ranks #5842 as hold candidate. Get a Free Stock at Robinhood
Stronger Stock

$2 840.03 (-0.67%)

Volume: 2M

Closed: Dec 03, 2021

Hollow Logo Score: -0.701

Alphabet Inc. Stock Forecast

$2 840.03 (-0.67%)

Volume: 2M

Closed: Dec 03, 2021

Score Hollow Logo -0.701
Which way will GOOGL go? Request
Stop-loss: $2 716.60 (-4.35%)
Key Stats
P/E Ratio 27.25
Beta 1.32
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
RSImin/max Values: [ 25 - 75 ] RSI14 is 35 and the stock is currently not being overbought or oversold

Red day on Friday for Alphabet Inc. stock after losing 0.67%
(Updated on Dec 03, 2021)


Hold candidate since 2021-12-02 Loss -0.67%

The Alphabet Inc. stock price fell by -0.67% on the last day (Friday, 3rd Dec 2021) from $2 859.32 to $2 840.03. During the day the stock fluctuated 2.92% from a day low at $2 806.02 to a day high of $2 888.00. The price has fallen in 7 of the last 10 days and is down by -5.23% for this period. Volume has increased on the last day by 505 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 2 million shares were bought and sold for approximately $5.57 billion.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.12% during the next 3 months and, with a 90% probability hold a price between $2 917.25 and $3 175.13 at the end of this 3-month period.

Signals & Forecast

There are few to no technical positive signals at the moment. The Alphabet Inc. stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $2 862.14 and $2 899.07. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, November 18, 2021, and so far it has fallen -5.23%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Support, Risk & Stop-loss

Alphabet Inc. finds support from accumulated volume at $2 816.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and with good liquidity the risk is considered very low in this stock. During the last day, the stock moved $81.98 between high and low, or 2.92%. For the last week the stock has had a daily average volatility of 2.78%.

Our recommended stop-loss: $2 716.60 (-4.35%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 10 days ago.)

Is Alphabet Inc. stock A Buy?

Alphabet Inc. holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.701

Predicted Opening Price for Alphabet Inc. of Monday, December 6, 2021

The predicted opening price is based on yesterday's movements between high, low, and the closing price.

Fair opening price December 6, 2021 Current price
$2 844.68 $2 840.03 (Undervalued)
Hold/Accumulate Unchanged

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Analyst Ratings

On Dec 03, 2021 "Tigress Financial" gave "$3,185.00 - $3,540.00" rating for GOOGL. The price target was changed from $2,825.31 to 1.2%.

Volatility and Risk
Daily Average Volatility: 2.78 %
Overall Risk: Very High High Medium Low Very Low
Volatility
2.78 %
Daily Average Volatility
Overall Risk

Very High
High
Medium
Low
Very Low

Support & Resistance

Resistance: $2 869.94
Price: $2 840.03
Support: $2 816.00

GOOGL Insider Trading Show all Trades

INSIDER POWER

0.323

Last 100 transactions
Buy: 80 150 | Sell: 248 231 (Shares)
Date Action Amount Person Type
Dec 01, 2021 Sell 48 O'toole Amie Thuener Class C Capital Stock
Dec 01, 2021 Sell 18 Mather Ann Class C Capital Stock
Dec 01, 2021 Sell 52 Pichai Sundar Class C Capital Stock
Dec 01, 2021 Sell 100 Pichai Sundar Class C Capital Stock
Dec 01, 2021 Sell 214 Pichai Sundar Class C Capital Stock
Show all Insider Trades
INSIDER POWER

0.323

Last 100 transactions
Buy: 80 150 | Sell: 248 231 (Shares)

Fibonacci Support & Resistance Levels

Level Price Change
Resistance 2 926.66 3.05 %
2 895.35 1.95 %
2 876.00 1.27 %
Current price: 2 840.03
Support 2 813.37 -0.94 %
2 794.02 -1.62 %
2 762.70 -2.72 %

Accumulated Volume Support & Resistance Levels

Level Price Chg %
Resistance 2 960.92 4.26 %
2 924.35 2.97 %
2 869.94 1.05 %
Current price 2 840.03
Support 2 816.00 -0.85%
2 751.33 -3.12%
2 673.19 -5.87%

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About Alphabet Inc.

Alphabet Alphabet Inc., through its subsidiaries, provides online advertising services in the United States, the United Kingdom, and rest of the world. The company offers performance and brand advertising services. It operates through Google and Other Bets segments. The Google segment includes principal Internet products, such as Search, Ads, Commerce, Maps, YouTube, Apps, Cloud, Android, Chrome, and Google Play, as well as technical infrastructure and ne... Read more

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