Alphabet Inc Daily Price Recap
Alphabet Inc’s 4 day positive streak has officially concluded, as the candle from the day prior closed down 1.27% ($18.42). As for how volume fared, yesterday’s volume was up 13.55% from the previous day (Wednesday), and up 3.37% from Thursday of the week before. Below is a daily price chart of Alphabet Inc.
Alphabet Inc Technical Analysis
Coming into today the current price of Alphabet Inc is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For additional context, note that price has gone up 10 out of the past 14 days.
Overheard Around the Web
Over on StockTwits, here’s an example of what they’re saying about GOOGL:
$RNWK I was curious as to how big this Axis partnership was so I looked it up. Big time international move. RealNetworks already pulled in $160M+ in revenue the last year is building some strong alliances. Already collaborating with $GOOGL, $NFLX, $NVDA, and more. They just keep building their arsenal.
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