Investors can use this prediction interface to forecast Alphabet historic prices and determine the direction of Alphabet 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. Please also check Historical Fundamental Analysis of Alphabet to cross-verify your projections.
Alphabet has current Accumulation Distribution of 0. 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 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.
On September 15 2019 Alphabet was traded for 1,240 at the closing time. The top price for the day was 1,241 and the lowest listed price was 1,227 . There was no trading activity during the period 0. Lack of trading volume on September 15, 2019 did not affect price variability. The overall trading delta against the current closing price is 0.66% .
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