Google (GOOGL) Shares are Down -1.34%

Google (GOOGL) has risen sharply, recording gains of 0.9% in the past 4 weeks. However, the stock has corrected -1.34% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 1.45% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

The stock has recorded a 20-day Moving Average of 0.32% and the 50-Day Moving Average is 1.06%.The 200 Day SMA reached 6.91%


Google (NASDAQ:GOOGL): After opening at $803.6, the stock dipped to an intraday low of $801.5 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $808.09 and the buying power remained strong till the end. The stock closed at $804.06 for the day, a gain of 0.18% for the day session. The total traded volume was 1,660,201. The stocks close on the previous trading day was $804.06.

Google (GOOGL) : The highest level Google (GOOGL) is projected to reach is $1050 for the short term and the lowest estimate is at $700. The consolidated price target from 28 rating analysts who initiate coverage on the stock is $917.32 and the possibility the share price can swing is $69.56.

Alphabet Inc (Alphabet) is a collection of Companies. The Companys collection include Calico, Googles health and longevity effort; Nest its connected home business; Fiber, its gigabit internet arm; and its investment divisions such as Google Ventures and Google Capital, and incubator projects, such as Google X. These will be managed separately in Alphabet. On October 2, 2015, Google implemented a holding company reorganization pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of October 2, 2015, among Google, Alphabet and Maple Technologies Inc., a Delaware corporation (Merger Sub), which resulted in Alphabet owning all of the outstanding capital stock of Google. Pursuant to the Alphabet Merger, Merger Sub, a direct, wholly owned subsidiary of Alphabet and an indirect, wholly owned subsidiary of Google, merged with and into Google, with Google surviving as a direct, wholly owned subsidiary of Alphabet.

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