Score 9.5 (out of 10): 100% hit ratio -> ALPHABET INC-CL C sets up for 12.5% rally in 3 months

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Insight:

ALPHABET INC-CL C has reached a new medium term high. Previously, during similar occasions, ALPHABET INC-CL C shares had a median return of +12.5%, over the following 3 months – based on 10 historical occasions with 10 of those showing positive returns (100% hit ratio). This buy signal for ALPHABET INC-CL C received a high score of 9.5 (out of 10). This insight was generated on 2021-October-27 with last price of 2,928. ALPHABET INC-CL C is in the Web Portals/ISP business. Based on the last 2 years’ risk/return profile, this asset is seen as Less Risky. ‘Wall Street’ analysts think the stock price will be worth 8.8% more (average). Ticker symbol: GOOGL US

Details:

NameALPHABET INC-CL C
ViewUp
Star (1 to 10)9.5
Target+12.5%
Time3 months
Hit Rate100%

Returns during similar periods:

The chart above shows the previous returns (in %) based on similar setups with the most recent ‘insight’ shown under (1), the second most recent ‘insight’ shown under (2), etc. 

Previous episodes:

18.1% (June-2021), 21.5% (January-2021), 18.3% (November-2020), 13.5% (May-2020), 15.7% (October-2019), 1.2% (July-2019), 6.7% (February-2019), 6.9% (June-2018), 6.7% (December-2017), 11.5% (October-2017).

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