Google (GOOGL, $1,526.06) extends work-from-home
Google is extending its work-from-home mandate for employees until at least next July, according to the Wall Street Journal which cited sources familiar with the matter.
“To give employees the ability to plan ahead, we’ll be extending our global voluntary work from home option through June 30, 2021 for roles that don’t need to be in the office,” Google CEO Sundar Pichai wrote in a memo to employees seen by CNN. “I hope this will offer the flexibility you need to balance work with taking care of yourselves and your loved ones over the next 12 months.”
Previously, the tech giant had announced that its stay at home order would be effective until the end of the year.
Tickeron's analysis shows GOOGL's price moved above its 50-day Moving Average on June 29, 2020
This price move indicates a change in the trend, and may be a buy signal for investors. In 28 of 35 cases where GOOGL's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 80%
Current price $1526.06 is above $1454.25 the highest resistance line found by A.I. Throughout the month of 06/23/20 - 07/24/20, the price experienced a +3% Uptrend, while the week of 07/17/20 - 07/24/20 shows a -0.57% Downtrend.
Technical Analysis (Indicators)
Bullish Trend Analysis
The lower Bollinger Band was broken -- a price increase is expected as the ticker heads toward the middle band, which indicates a buy or call consideration for traders. In 25 of 33 cases where GOOGL's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued Uptrend are 76%.
Bearish Trend Analysis
The RSI Indicator appears to be shifting from an Uptrend to a Downtrend. In 15 of 41 cases where GOOGL's RSI indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 37%.
The Stochastic Indicator may be shifting from an Uptrend to a Downtrend. In 31 of 73 cases where GOOGL's Stochastic indicator exited the overbought zone, the price fell further within the following month. The odds of a continued Downtrend are 42%.
The Momentum Indicator moved below the 0 level on July 23, 2020. Traders may consider selling the ticker, shorting the ticker, or exploring put options. In 39 of 95 cases where GOOGL's Momentum Indicator fell below the 0 level, its price fell further within the subsequent month. The odds of a continued Downtrend are 41%.
The Moving Average Convergence Divergence (MACD) crossed below the signal line. In 21 of 51 cases where GOOGL's MACD histogram became negative, the price fell further within the following month. The odds of a continued Downtrend are 41%.
Following a 3-day Decline, the ticker is projected to fall further. Considering data from situations where GOOGL declined for three days, in 106 of 271 cases, the price rose further within the following month. The odds of a continued Downtrend are 39%.
Fundamental Analysis (Ratings)
Tickeron has a negative outlook on this ticker and predicts a further decline by more than 4.00% within the next month with a likelihood of 77%. During the last month, the daily ratio of advancing to declining volumes was 1.51 to 1.
The Tickeron Profit vs. Risk Rating rating for this company is 16 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 85, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 25 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Price Growth Rating for this company is 28 (best 1 - 100 worst), indicating outstanding price growth. GOOGL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 40 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 55 (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.07) is normal, around the industry mean (10.39). P/E Ratio (30.43) is within average values for comparable stocks, (136.11). Projected Growth (PEG Ratio) (0.97) is also within normal values, averaging (2.26). Dividend Yield (0.00) settles around the average of (0.16) among similar stocks. P/S Ratio (4.84) is also within normal values, averaging (4.94).
The Tickeron Seasonality Score of 65 (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
Momentum Indicator for GOOGL turns positive, indicating new upward trend
GOOGL saw its Momentum Indicator move above the 0 level on September 14, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 78 similar instances where the indicator turned positive. In 56 of the 78 cases, the stock moved higher in the following days. The odds of a move higher are at 72%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for GOOGL just turned positive on September 14, 2026. Looking at past instances where GOOGL's MACD turned positive, the stock continued to rise in 33 of 50 cases over the following month. The odds of a continued upward trend are 66%.
GOOGL moved above its 50-day moving average on September 17, 2026 date and that indicates a change from a downward trend to an upward trend.
Following a +2.20% 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOGL advanced for three days, in 229 of 342 cases, the price rose further within the following month. The odds of a continued upward trend are 67%.
GOOGL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The 10-day moving average for GOOGL crossed bearishly below the 50-day moving average on August 17, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 56%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOOGL declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 62%.
The Aroon Indicator for GOOGL entered a downward trend on September 16, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Profit vs. Risk Rating rating for this company is 13 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 93, placing this stock better than average.
The Tickeron SMR rating for this company is 20 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of 27 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.868) is normal, around the industry mean (1.386). P/E Ratio (17.538) is within average values for comparable stocks, (400.387). Projected Growth (PEG Ratio) (1.272) is also within normal values, averaging (16.800). Dividend Yield (0.002) settles around the average of (0.013) among similar stocks. P/S Ratio (9.416) is also within normal values, averaging (69.903).
The Tickeron Price Growth Rating for this company is 45 (best 1 - 100 worst), indicating steady price growth. GOOGL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 83 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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a holding company with interests in software, health care, transportation and other technologies
Industry InternetSoftwareServices
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