Shareholder returns and stock trends
As of January 11, 2016, Alphabet (GOOG) has generated returns of 45.8% for the trailing 12 months (or TTM) and -3.1% in the trailing one-month period. Google’s share price has decreased by 3.5% in the trailing five-day period.
On January 11, 2016, the last trading price of Alphabet (GOOG) was $716. Below is how the company was trading on January 11 according to its moving averages:
- 4.1% below its 20-day moving average of $746.40
- 3.6% below its 50-day moving average of $742.80
- 3.9% above its 100-day moving average of $688.90
Moving average convergence divergence and RSI
The MACD (moving average convergence divergence) is the difference between a company’s short-term and long-term moving averages. Alphabet’s (GOOG) 14-day MACD of 2.1 shows an upward trading trend, as the figure is positive.
The 14-day RSI (relative strength index) for Alphabet (GOOG) is 37, which shows that the stock was oversold. If the RSI is above 70, it indicates the stock has been overbought. An RSI figure below 30 suggests that a stock has been oversold.
Of the 13 analysts covering Alphabet (GOOG), 12 have given it a “buy” recommendation, none has given it a “sell” recommendation, and one has a given it a “hold” recommendation. The analyst stock price target for the company is $849.20, with a median target estimate of $860. Alphabet (GOOG) is trading at a discount of 16.7% with respect to its median target.