Large Inflow of Money Witnessed in Google

Google (GOOGL) : The money flow analysis of Google (GOOGL) indicates a $125.68 million of outflow was on downticks, whereas, the investors on Thursday gobbled up stocks worth $134.53 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.07 and so was the total money flow at $8.85 million. The bulls lapped up $9.69 million worth of block trades on upticks. The money flow was $9.69 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Google (GOOGL), pushing it down by -0.53% for the day. The stock slid $3.78 and traded at $705.19 during the day. Nonetheless, the stock is -0.71% over the previous weeks close.


Google (GOOGL) : Currently there are 30 street experts covering Google (GOOGL) stock. The most bullish and bearish price target for the stock is $1100 and $670 respectively for the short term. The average price target of all the analysts comes to $897.87. The estimated standard deviation from the target is $73.36. The stock has recorded a 20-day Moving Average of 0.84% and the 50-Day Moving Average is 1.97%.

Google (NASDAQ:GOOGL): The stock opened at $710.11 on Thursday but the bulls could not build on the opening and the stock topped out at $710.17 for the day. The stock traded down to $700.67 during the day, due to lack of any buying support eventually closed down at $707.26 with a loss of -0.24% for the day. The stock had closed at $708.97 on the previous day. The total traded volume was 1,058,698 shares.

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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