Google (GOOGL) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (43.09 million) in Google (GOOGL). On Monday, The value of composite uptick trades was $348.56 million, whereas, the value of composite downtick trades was $391.66 million and the ratio between the two was 0.89, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $74.44 million. $9.37 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.13. The negative money flow of ($65.07 million) shows selling on strength. Google (GOOGL) gained $17.57 intraday at $753.2 and registrered 2.39% for the week.
Alphabet Inc. has dropped 4.38% during the last 3-month period . Year-to-Date the stock performance stands at -3.19%. Shares of Alphabet Inc. rose by 3.58% in the last five trading days and 4% for the last 4 weeks.
Google (NASDAQ:GOOGL): stock turned positive on Monday. Though the stock opened at $737.91, the bulls momentum made the stock top out at $755.1369 level for the day. The stock recorded a low of $736.51 and closed the trading day at $753.2, in the green by 2.39%. The total traded volume for the day was 1,934,900. The stock had closed at $735.63 in the previous days trading.
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.