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GOOG
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
1.65T

GOOG Alphabet Forecast, Technical & Fundamental Analysis

a holding company with interests in software, health care, transportation and other technologies

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for GOOG with price predictions
08:00 PM EDT Sep 21, 2023

GOOG sees MACD Histogram crosses below signal line

GOOG saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 20, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 48 instances where the indicator turned negative. In of the 48 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for GOOG moved out of overbought territory on September 01, 2023. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 48 similar instances where the indicator moved out of overbought territory. In of the 48 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on September 20, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on GOOG as a result. In of 98 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

GOOG moved below its 50-day moving average on September 22, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOOG declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator is in the oversold zone. Keep an eye out for a move up in the foreseeable future.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOG advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .

GOOG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 329 cases where GOOG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. GOOG’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 (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 Profit vs. Risk Rating rating for this company is (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 (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 (best 1 - 100 worst) indicates that the company is slightly overvalued 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 (6.200) is normal, around the industry mean (17.316). P/E Ratio (27.778) is within average values for comparable stocks, (41.659). Projected Growth (PEG Ratio) (1.247) is also within normal values, averaging (3.525). Dividend Yield (0.000) settles around the average of (0.025) among similar stocks. P/S Ratio (5.855) is also within normal values, averaging (8.591).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Baidu (NASDAQ:BIDU), Spotify Technology SA (NYSE:SPOT), Pinterest (NYSE:PINS), Snap (NYSE:SNAP), Zillow Group (NASDAQ:Z), Tencent Music Entertainment Group (NYSE:TME), Twilio (NYSE:TWLO).

Industry description

Companies in this industry typically license software on a subscription basis and it is centrally hosted. Such products usually go by the names web-based software, on-demand software and hosted software. Cloud computing has emerged as a major force in this space, making it possible to save files to a remote database (without requiring them to be saved on local storage device); as long as a device has access to the web, it can access the data and the software programs to run it. This has in many cases facilitated cost efficiency, speed and security of data for businesses and consumers. Alphabet Inc., Facebook, Inc. and Yahoo! Inc. are some well-known names in the internet software/services industry.

Market Cap

The average market capitalization across the Internet Software/Services Industry is 48.83B. The market cap for tickers in the group ranges from 1.11K to 1.65T. GOOGL holds the highest valuation in this group at 1.65T. The lowest valued company is MSEZ at 1.11K.

High and low price notable news

The average weekly price growth across all stocks in the Internet Software/Services Industry was -3%. For the same Industry, the average monthly price growth was 3,956%, and the average quarterly price growth was 3,698%. BBUZ experienced the highest price growth at 123%, while VYGPF experienced the biggest fall at -41%.

Volume

The average weekly volume growth across all stocks in the Internet Software/Services Industry was -37%. For the same stocks of the Industry, the average monthly volume growth was -9% and the average quarterly volume growth was -15%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 43
P/E Growth Rating: 73
Price Growth Rating: 66
SMR Rating: 79
Profit Risk Rating: 92
Seasonality Score: -19 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published Earnings

GOOG is expected to report earnings to $1.44 per share on October 24

Alphabet GOOG Stock Earnings Reports
Q3'23
Est.
$1.44
Q2'23
Beat
by $0.10
Q1'23
Beat
by $0.09
Q4'22
Missed
by $0.13
Q3'22
Missed
by $0.20
The last earnings report on July 25 showed earnings per share of $1.44, beating the estimate of $1.34. With 17.25M shares outstanding, the current market capitalization sits at 1.65T.
A.I. Advisor
published General Information

General Information

a holding company with interests in software, health care, transportation and other technologies

Industry InternetSoftwareServices

Profile
Fundamentals
Details
Industry
Internet Software Or Services
Address
1600 Amphitheatre Parkway
Phone
+1 650 253-0000
Employees
190234
Web
https://www.abc.xyz
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GOOG and

Correlation & Price change

A.I.dvisor indicates that over the last year, GOOG has been closely correlated with GOOGL. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if GOOG jumps, then GOOGL could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GOOG
1D Price
Change %
GOOG100%
-0.08%
GOOGL - GOOG
100%
Closely correlated
-0.15%
META - GOOG
59%
Loosely correlated
+1.13%
SPOT - GOOG
58%
Loosely correlated
+1.49%
PINS - GOOG
50%
Loosely correlated
+1.02%
DASH - GOOG
48%
Loosely correlated
+0.75%
More

Groups containing GOOG

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To GOOG
1D Price
Change %
GOOG100%
-0.08%
GOOG
(undefined stocks)
100%
Closely correlated
-0.11%
top brands
(undefined stocks)
79%
Closely correlated
-0.52%
social networking
(undefined stocks)
79%
Closely correlated
+0.64%
advertising
(undefined stocks)
79%
Closely correlated
+0.01%
messaging
(undefined stocks)
77%
Closely correlated
-0.35%
More