Investors can use this prediction interface to forecast Alphabet historic prices and determine the direction of Alphabet Inc future trends based on various well-known forecasting models. However looking at historical price movement exclusively is usually misleading. Macroaxis recommends to always use this module together with analysis of Alphabet historical fundamentals such as revenue growth or operating cash flow patterns. Although naive historical forecasting may sometimes provide an important future outlook for the firm we recommend to always cross-verify it against solid analysis of Alphabet Inc systematic risks associated with finding meaningful patterns of Alphabet fundamentals over time. Please also check Historical Fundamental Analysis of Alphabet
to cross-verify your projections.
Alphabet Inc has current Accumulation Distribution of 31419.34. The accumulation distribution (A/D) indicator shows the degree to which Alphabet is accumulated by the market over a given period. It uses the quote sensitivity to the highest or lowest daily price of Alphabet Inc to determine if accumulation or reduction is taking place in the market. This value is adjusted by Alphabet trading volume to give more weight to distributions with higher volume over lower volume.
Alphabet Trading Date Momentum
|On March 24 2017 Alphabet Inc was traded for 814.43 at the closing time. The top price for the day was 821.93 and the lowest listed price was 808.89 . The trading volume for the day was 2 M. The trading history from March 24, 2017 did not affect price variability. The overall trading delta against the current closing price is 0.69% . |
Accumulation distribution indicator can signal that a trend is either nearing completion, at a continuation, or is about to break-outs. The actual value of this indicator is of no significance. What is significant is the change in value of over time. The formula for A/D of a given trading day can be expressed as follow: ((Close - Low) - (High - Close)) / (High - Low) X Volume