RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of GOOGL
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Red day on Friday for Google
(Updated on Jul 19, 2024)

Sell candidate since Jul 18, 2024 Loss -0.02% PDF

The Google stock price fell by -0.0169% on the last day (Friday, 19th Jul 2024) from $177.69 to $177.66. It has now fallen 4 days in a row. During the last trading day the stock fluctuated 1.77% from a day low at $177.15 to a day high of $180.29. The price has fallen in 8 of the last 10 days and is down by -6.79% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -7 million shares and in total, 19 million shares were bought and sold for approximately $3.32 billion.

Given the current short-term trend, the stock is expected to rise 14.28% during the next 3 months and, with a 90% probability hold a price between $203.02 and $221.65 at the end of this 3-month period.

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GOOGL Signals & Forecast

There are few to no technical positive signals at the moment. The Google stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. On corrections up, there will be some resistance from the lines at $182.49 and $180.39. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, July 10, 2024, and so far it has fallen -7.07%. 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 fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Support, Risk & Stop-loss for Google stock

Google finds support from accumulated volume at $171.95 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $3.14 (1.77%) between high and low. For the last week, the stock has had daily average volatility of 2.38%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (GOOGL) For The Upcoming Trading Day Of Monday 22nd

For the upcoming trading day on Monday, 22nd we expect Alphabet Inc. to open at $178.37, and during the day (based on 14 day Average True Range), to move between $173.98 and $181.34, which gives a possible trading interval of +/-$3.68 (+/-2.07%) up or down from last closing price. If Alphabet Inc. takes out the full calculated possible swing range there will be an estimated 4.14% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $177.79 (0.07%) than the support at $171.95 (3.21%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Earnings coming up

Google will release earnings AMC on Tuesday, July 23, 2024.The consensus among the analysts for the expected earnings (EPS) is $1.85. We will update the financials statements for Google, that can be found here as soon as the records are public. Our systems has calculated a possible swing of +/- 2.34% in the first trading day after earnings release.

Is Alphabet Inc. stock A Buy?

The Google stock holds several negative signals and despite the positive trend, we believe Google will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

Current score: -3.411 Sell Candidate Unchanged

Predicted Opening Price for Alphabet Inc. of Monday, July 22, 2024

Fair opening price July 22, 2024 Current price
$178.37 ( 0.398%) $177.66

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

Trading levels for GOOGL

Fibonacci Support & Resistance Levels

Level Price
R3 181.51 2.17%
R2 180.31 1.49%
R1 179.57 1.07%
Price 177.66
S1 177.17 -0.277%
S2 176.43 -0.695%
S3 175.23 -1.37%

Accumulated Volume Support & Resistance Levels

Level Price
R3 182.15 2.53%
R2 179.63 1.11%
R1 177.79 0.0732%
Price 177.66
S1 171.95 -3.21%
S2 166.15 -6.48%
S3 156.00 -12.19%

GOOGL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Apr 25, 2024 Jun 10, 2024 Jun 17, 2024 $0.200 0.113%

FAQ

What is the symbol for Google Stock and on which exchange is it traded?
The symbol for Google is GOOGL and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell Google Stock?
The Google stock holds several negative signals and despite the positive trend, we believe Google will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.

How to buy Google Stock?
Google Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Google Stock.

What's the current price of Google Stock?
As of the end of day on the Jul 19, 2024, the price of an Google (GOOGL) share was $177.66.

What is the 52-week high and low for Google Stock?
The 52-week high for Google Stock is $191.75 and the 52-week low is $118.22.

What is the market capitalization of Google Stock?
As of the Jul 19, 2024, the market capitalization of Google is 2.204T.

When is the next earnings date for Google?
The upcoming earnings date for Google is Jul 23, 2024.
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About Alphabet Inc.

Google Alphabet Inc. provides various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment offers products and services, including ads, Android, Chrome, hardware, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube. It is also involved in the sale of ap... GOOGL Profile

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