Alphabet Inc Daily Price Recap
Alphabet Inc entered today at $1406.75, down 0.17% ($2.41) from yesterday. This move happened on lower volume, as yesterday’s volume was down 19.24% from the day before — and down 5.55% from the same day the week before. Here is a daily price chart of Alphabet Inc.
Alphabet Inc Technical Analysis
Volatility for Alphabet Inc has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Alphabet Inc’s price has gone up 9 them.
Overheard Around the Web
Over on StockTwits, here’s an example of what they’re saying about GOOGL:
$AMZN $FB $GOOGL rather predictably after this crisis govts will look for someone to pay up big time. With global small business decimated, travel and many others sectors skint after sector bailout and knives out for billionaires they will only turn one way. Over the next 1-5 years big tech will come under huge regulatory pressure particularly in Europe, but across the world with all kinds of lawsuits politically driven. Don’t think the possibility of any regulatory shocks are priced in and see asymmetric returns betting against them.