[Music] is it time to buy or sell Google stock in this video we will explore Google in depth our initial report was published on our website on the 9th of September 2024 and now we are here to offer you an even more comprehensive analysis remember to subscribe hit the like button and turn on the notification Bell to stay updated on our latest analyses you certainly do not want to miss any important updates that could affect your Investments enhance your trading Decisions by utilizing our newly launched artificial intelligence stock analysis tool powered by gp4 at stockinvest.us access the power of AI and receive a complimentary price prediction and in-depth analysis for any one of 25,000 companies worldwide today please keep in mind that this video is for informational purposes only and should not be considered Financial advice since the 3rd of September 2024 our system has ranked Google as a cell candidate assigning it a score of - 4.44 now let us examine the Stock's performance during this time frame the stock has experienced a loss of 5.72% this equates to an average daily loss of 1 1.14% since it was designated as a sell candidate the stock currently resides at the lower end of a broad and declining Trend in the short term which often indicates a favorable buying opportunity if the lower Trend floor at $47.76 is breached it would signal a stronger rate of decline analyzing the current 3-month Trend indicates a potential decrease of ax o imately 14.31% over the next 3 months with a possible return ranging from- 15.36% to 0.83% in terms of the 12-month Trend it points towards a 3472 per change over the coming year with a potential return between 34. 72% and 8143 per. this would translate to a price range of 21 $147 to $271 31 after one year our latest daily update for Google includes the headline red day on Monday for Google the Google stock price declined by 1.7% on the last day which was Monday the 9th of September 2024 it fell from $152.3 to $149 54 throughout the last trading day the stock fluctuated by 4.35% reaching a low of $1 14820 and a high of $154 64 the price has decreased in seven of the last 10 days resulting in a decline of 10.69% during this period although the trading volume increased by 3 million shares on the last day it occurred alongside falling prices this may signal an early warning indicating a slight increase in Risk over the next few days in total 28 million shares were exchanged for approximately $417 billion looking back over the past 52 weeks the highest stock price reached $193 30 while the lowest was $1 12146 currently the stock price is 22.64% or $43.75 below the 52- we high and 94.8% or $2,377 45 below the all-time high on the 11th of June 221 when the price peaked at $2,526 199 Google traded under the ticker goog is currently navigating a challenging landscape as it engages in a highstakes antitrust trial initiated by the Department of Justice this trial focuses on allegations of monopolistic practices within the digital advertising space recent developments suggest that while a significant divesture is unlikely regulatory constraints may lead to slower growth than previously anticipated such an environment creates uncertainty which could influence short-term stock price volatility investors May react to the unfolding outcomes of the trial if findings support the government's position this could exert downward pressure on GOOG stock in the immediate future on a more positive note news regarding Google's collaboration with Oracle stands out as it reflects strategic Partnerships that could enhance investor confidence in the company's long-term growth potential however the overarching narrative remains dominated by regulatory scrutiny which continues to be a significant concern for Google as Google confronts these legal challenges while also striving to strengthen its Partnerships the overall impact on its stock is likely to fluctuate between short-term dips due to regulatory risks and potential long-term resilience stemming from strategic initiatives therefore the current antitrust proceedings will be crucial in shaping investor sentiment and market performance in both the near and distant future analyst ratings on Wednesday the 24th of July 2024 it was reported that Oppenheimer assigned Google an outperform rating with a hold action on Wednesday the 10th of July 2024 it was reported that Cowan and company gave Google a buy rating with a hold action on Monday the 8th of July 2024 it was reported that wedbush assigned Google an outperform rating with a hold action on Tuesday the 11th of June 2024 it was reported that Bank of America Securities gave Google a buy rating with a hold action on Wednesday the 22nd of May 2024 it was reported that Goldman Sachs assigned Google a buy rating with a hold action analysts have assigned Google stock a general buy rating they classify the price to earnings ratio as a strong sell and the price to book r ratio as strong sell regarding return on investment the analysts rate the stock as a strong buy the following signals have been identified for Google currently there are few to no technical positive signals the stock of Google shows sell signals from both short and long-term moving averages indicating a more negative outlook additionally there is a general signal stemming from the relationship between these two averages with the long-term average positioned above the short-term average on any upward Corrections there will be resistance at $1 15789 and $165.9 a breakthrough above either of these levels would trigger buy signals a sell signal was generated from a pivot top point on Wednesday July 10th 2024 and the stock has since declined by 2238 further declines are expected until a new bottom pivot is established furthermore there is presently a cell signal from the 3-month moving average convergence Divergence often referred to as macd volume increased while prices fell yesterday which may serve as an early warning suggesting that closer monitoring of the stock is advisable here are some other signals you might find interesting moving average convergence Divergence indicates a sell signal pivots show a sell signal from 43 days ago Ballinger signals a buy action from 1 day ago the short-term moving average indicates a cell signal from 10 days ago the long-term moving average also shows a cell signal from 34 days ago the relationship between the short and long moving averages indicates a Buy Signal from 34 days ago if we examine the 12-month chart we observe the short moving average signal a buy Action 7 days ago the long-term moving average indicates a sell signal from 27 days ago the relationship between the short and long moving averages reveals a Buy Signal from 19 days ago remember to visit our page at stockinvest.us if you want to discover more signals support risk and stop-loss for Google currently there is no support from accumulated volume below today's level if conditions are unfavorable the stock could experience significant decline in the upcoming days this stock typically exhibits average daily movements and with an adequate trading volume the risk is deemed to be medium over the past day the stock fluctuated $644 between its high and low which is a change of 4.35% during the last week the stock experienced daily average volatility of 3.35% before we dive into the potential trading levels for Google let's quickly cover some essential fundamental data first there's the price to earnings ratio known as the PE Ratio this important metric Compares a company's current share price to its earnings per share this ratio tends to be relatively standard often seen in companies with long histories or stable revenue streams in other news the upcoming earnings report for the Third quarter of 2024 is anticipated on the 22nd of October 2024 analysts have a consensus estimate of $183 it's important to monitor these figures as they can significantly influence stock prices now let's discuss some potential day trading levels for Google in the event of an upward Trend the first resistance level for Google is at 160 .54 if you do not own any shares you may want to wait for this level to be surpassed before entering a position for those already holding the stock this could be a level to consider for swing trading there is no significant support from accumulated volume below which means the stock could potentially drop sharply under certain conditions proceed with caution and consider placing bets only if you are an experienced Trader who knows how to navigate such situations the combined average rating for Google derived from various analyst sources is classified as a buy now let's examine some recent Insider trades on the 17th of June 2024 Chavez R Martin conducted an Insider purchase of five shares of Class C Google stock units on the same day shazar Martin also made another Insider purchase of two shares of Class C Google stock units on the 17th of June 20 24 Arnold Francis executed an Insider purchase of two shares of Class C Google stock units on that same day Arnold Francis conducted yet another Insider purchase acquiring two more shares of Class C Google stock units additionally on the 17th of June 2024 Arnold Francis purchased one share of Class C Google stock units analyzing the 100 most recent Insider trades we have determined that Insider power is negative with a ratio of- 15.97% trades we currently hold a negative evaluation for this stock and there is no stop loss in place is Google stock a good buy currently Google exhibits several negative indicators and is trending downward suggesting it will likely continue to perform poorly in the upcoming days or weeks as a result we maintain a negative evaluation of this stock upon analyzing the volatility and movements from the last trading day our systems indicate that the current price is undervalued for trading on Tuesday the 10th of September we anticipate Google will open up $125 and begin trading at $150. 79 we remind you that trading involves a significant risk of losing money and it is advisable to consult with a financial adviser before engaging in the purchase or sale of any Securities your investment decisions should not solely rely on the information provided by stockinvest.us by utilizing this information you acknowledge and accept responsibility for your own investment choices this is our current perspective on the stock do you agree or disagree we invite you to comment below and share your thoughts what is your target for the stock remember to like And subscribe we wish you successful trading and hope you have a wonderful day with best wishes from all of us here at stock invest