Godaddy Stock Technical Analysis

GDDY Stock  USD 138.41  0.75  0.54%   
As of the 24th of June, Godaddy retains the Market Risk Adjusted Performance of 0.3457, downside deviation of 1.19, and Risk Adjusted Performance of 0.1274. Godaddy technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.

Godaddy Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Godaddy, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Godaddy
  
Godaddy's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

Godaddy Analyst Consensus

Target PriceAdvice# of Analysts
92.4Strong Buy18Odds
Godaddy current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Godaddy analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Godaddy stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Godaddy, talking to its executives and customers, or listening to Godaddy conference calls.
Godaddy Analyst Advice Details
Godaddy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Godaddy technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Godaddy trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Godaddy Technical Analysis

Indicator
Time Period
Execute Indicator
The output start index for this execution was six with a total number of output elements of fifty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Godaddy volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Godaddy Trend Analysis

Use this graph to draw trend lines for Godaddy. You can use it to identify possible trend reversals for Godaddy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Godaddy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Godaddy Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Godaddy applied against its price change over selected period. The best fit line has a slop of   0.37  , which means Godaddy will continue generating value for investors. It has 122 observation points and a regression sum of squares at 5221.43, which is the sum of squared deviations for the predicted Godaddy price change compared to its average price change.

About Godaddy Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Godaddy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Godaddy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Godaddy price pattern first instead of the macroeconomic environment surrounding Godaddy. By analyzing Godaddy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Godaddy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Godaddy specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2023 2024 (projected)
Dividend Yield0.0078730.007479
Price To Sales Ratio3.712.28

Godaddy June 24, 2024 Technical Indicators

Most technical analysis of Godaddy help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Godaddy from various momentum indicators to cycle indicators. When you analyze Godaddy charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Godaddy June 24, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Godaddy stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Additional Tools for Godaddy Stock Analysis

When running Godaddy's price analysis, check to measure Godaddy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Godaddy is operating at the current time. Most of Godaddy's value examination focuses on studying past and present price action to predict the probability of Godaddy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Godaddy's price. Additionally, you may evaluate how the addition of Godaddy to your portfolios can decrease your overall portfolio volatility.