Alphabet Stock Technical Analysis

GOOG -  USA Stock  

USD 2,834  5.26  0.19%

As of the 17th of October 2021, Alphabet shows the Mean Deviation of 0.9243, risk adjusted performance of 0.0816, and Downside Deviation of 1.45. Alphabet Cl C technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate data for nineteen technical drivers for Alphabet Cl C, which can be compared to its rivals. Please confirm Alphabet Cl C treynor ratio, as well as the relationship between the downside variance and kurtosis to decide if Alphabet Cl C is priced correctly, providing market reflects its regular price of 2833.5 per share. Given that Alphabet has jensen alpha of 0.1062, we suggest you to validate Alphabet Cl C's prevailing market performance to make sure the company can sustain itself at a future point.

Alphabet Technical Analysis 

 
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Alphabet Analyst Consensus

Target PriceAdvice# of Analysts
935.0Buy2Odds
Alphabet Cl C current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Alphabet 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 Alphabet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Alphabet Cl C, talking to its executives and customers, or listening to Alphabet conference calls.
Alphabet Analyst Advice Details
Alphabet 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 Alphabet technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Alphabet 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...

Alphabet Cl C Technical Analysis

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The output start index for this execution was thirty with a total number of output elements of thirty-one. 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 Alphabet Cl C volatility. High ATR values indicate high volatility, and low values indicate low volatility. View also all equity analysis or get more info about average true range volatility indicators indicator.

Alphabet Cl C Trend Analysis

Use this graph to draw trend lines for Alphabet Cl C. You can use it to identify possible trend reversals for Alphabet 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 Alphabet price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Alphabet Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Alphabet Cl C applied against its price change over selected period. The best fit line has a slop of   0.63  , which means Alphabet Cl C will continue generating value for investors. It has 122 observation points and a regression sum of squares at 15175.71, which is the sum of squared deviations for the predicted Alphabet price change compared to its average price change.

About Alphabet 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 Alphabet Cl C 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 Alphabet Cl C based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Alphabet Cl C stock first instead of the macroeconomic environment surrounding Alphabet Cl C. By analyzing Alphabet'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 Alphabet'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 Alphabet specific price patterns or momentum indicators. Please read more on our technical analysis page.

Alphabet October 17, 2021 Technical Indicators

Most technical analysis of Alphabet 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 Alphabet from various momentum indicators to cycle indicators. When you analyze Alphabet 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.

Alphabet October 17, 2021 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 Alphabet 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.
Please check Risk vs Return Analysis. Note that the Alphabet Cl C information on this page should be used as a complementary analysis to other Alphabet's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Alphabet Stock analysis

When running Alphabet Cl C price analysis, check to measure Alphabet'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 Alphabet is operating at the current time. Most of Alphabet's value examination focuses on studying past and present price action to predict the probability of Alphabet's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Alphabet's price. Additionally, you may evaluate how the addition of Alphabet to your portfolios can decrease your overall portfolio volatility.
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The market value of Alphabet Cl C is measured differently than its book value, which is the value of Alphabet that is recorded on the company's balance sheet. Investors also form their own opinion of Alphabet's value that differs from its market value or its book value, called intrinsic value, which is Alphabet's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alphabet's market value can be influenced by many factors that don't directly affect Alphabet Cl C underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alphabet's value and its price as these two are different measures arrived at by different means. Investors typically determine Alphabet value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alphabet's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.