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Alphabet Inc. (GOOG) Stock: A Year of Stock Market Dynamics

A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Alphabet Inc.’s current trading price is -1.12% away from its 52-week high, while its distance from the 52-week low is 65.35%. The stock’s price range for this time frame has been between $83.45 and $139.55. The trading volume of the company’s shares in the Communication Services reached around 12.73 million for the day, which was evidently lower than the average daily volume of 22.72 million over the last three months.

Alphabet Inc. (GOOG) current stock price is $137.99. During the last trading session, the stock soared, reaching $139.55 after opening at $138.39. The stock’s lowest point was $137.06 before it closed at $138.99.

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The stock market performance of Alphabet Inc. has been very steady. Over the last year, the company’s stock hit its highest at $139.55 on 09/14/23, while the lowest price during the same time frame was $83.45, recorded on 11/03/22.

How Financial Performance Impacts Market Capitalization

Alphabet Inc. (GOOG) has experienced a quarterly rise of 9.69% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1734.24B and boasts a workforce of 181798 employees.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 124.40, with a change in price of +31.17. Similarly, Alphabet Inc. recorded 24,267,891 in trading volume during the last 100 days, posting a change of +29.19%.

GOOG Stock Stochastic Average

Alphabet Inc.’s raw stochastic average for the past 50 days is currently at 93.25%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 87.25%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 91.15% and 88.86%, respectively.

GOOG Stock Price Performance Analysis

The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Until today this year the stock’s price performance recorded an increase of 55.51%. However, over the last six months, the performance has been weaker by 36.52%. The price of GOOG increased 6.87% over the last 30 days. And in the last five days, it has surged by 0.57%.

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