Based on the provided data and technical analysis, here is the prediction for GOOGL's stock price for the next trading week:
Technical Analysis:
The stock is currently trading at $196.31, showing a bullish trend with key technical indicators:
News Sentiment Analysis: Recent significant news events affecting GOOGL:
Price Prediction for Next Week: Based on Fibonacci levels:
Target Price Range: $196-202 The stock is likely to test the R1 resistance at $199.17 and potentially reach R2 at $202.39 if market sentiment remains positive.
Trading Recommendation: BUY
The recommendation is based on:
The price of GOOGL is predicted to go up -2.5%, based on the high correlation periods with ECPG. The similarity of these two price pattern on the periods is 95.04%.
GOOGL
ECPG
Year
GOOGL Price Forecast($)
Potential Return(%)
2025
210.000
9.490
2026
250.000
30.350
2027
250.000
30.350
2028
350.000
82.490
2029
350.000
77.780
2030
350.000
77.780
As the number of online users and usage increase, so will digital ad spending, of which Google will remain one of the main beneficiaries.
Android's dominant global market share of smartphones leaves Google well positioned to continue dominating mobile search.
The significant cash generated from the Google search business allows Alphabet to remain focused on innovation and the long-term growth opportunities that new areas present.
B of A Securities
Price Target
$210
Upside
+7.9%
JP Morgan
Price Target
$212 → $232
Upside
+23.14%
Bernstein
Price Target
$180 → $185
Upside
+6.04%