Patterns based prediction of Google (Alphabet) Share for next 12 months as on Feb-5-2025
Patterns based prediction of Google (Alphabet) Share for next 12 months as on Feb-5-2025
Google (Alphabet) company has declared results today and the shares have fallen from $207 to $190 in Nasdaq. Here I try to see what to expect of Google share price in next 12 months applying Patterns based prediction using Predictive Analytics.
The nearest pattern matches with a stock PNC Financial services from March-19-1998. The stock has moved up +9.8% and moved down -31% in next 12 months.
A Question might come on How Predictive Analytics would have performed a year back on Feb-5-2024 when the stock had closed $145. The system found nearest matching pattern with a stock called ConcoPhillips on Nov-8-1996. The Share had moved up +28.2% and moved down -8.6% in next 12 months. The actual movement of Google stock in next 12 months was +39% and -8.6% in next 12 months from the Feb-5-2024.
Disclaimer Note - This is not a buy or sell recommendation. Please don't trade based on this. I don't take any responsibility for this. This is a complex system that can change the pattern and/or prediction with a minor change of decimal fraction. The objective of the post is to create awareness of my work on Patterns based prediction using Predictive Analytics.
#Patterns #prediction #predictiveanalytics #Google #Alphabet #Nasdaq
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