Valuation analysis for Google Inc (NASDAQ:GOOG)
Stock Traders Daily has updated its valuation analysis for Google Inc (NASDAQ:GOOG) Take a close look at the forward PEG ratio for 2016 in the charts below. In addition, other relevant data is offered below. We have also provided technical indicators that suggest that GOOG is now close to our longer term resistance level.
Technical Summary:
Term → | Near | Mid | Long |
Bias | Strong | Neutral | Neutral |
P1 | 524.92 | 515.85 | 479.7 |
P2 | 535.41 | 549.5 | 526.99 |
P3 | 542.11 | 582.57 | 572.11 |
Support and Resistance Plot Chart for
Blue = Current Price
Red= Resistance
Green = Support
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