What is the forecast for GOOGL's trend tomorrow?
7/24/2025 11:16am
The forecast for Google's stock price trend tomorrow, July 24, 2025, is **bullish**. Here's a detailed analysis to support this conclusion:
1. **Current Trend**: Google's stock is currently in a **bullish trend**, which has lasted for 22 days. This suggests that the stock is likely to continue its upward trajectory in the near term.
2. **Forecast Price**: The forecasted price for July 24, 2025, is $192.32, which is a 34% confidence interval of $190.37 to $194.27. This indicates a potential for the stock to move within this range, with a slight tilt towards the higher end due to the bullish trend.
3. **Support and Resistance Levels**: The current price of $190.23 is above the wide resistance level of $184.87, suggesting that the stock has some upward momentum. The support level is at $167.56, which is below the current price, indicating that the stock has some room to move higher before encountering resistance.
4. **Market Sentiment**: Recent news about Google's earnings beat and the impact of AI on its business are positive, which could be supporting the stock's bullish trend. However, regulatory challenges and antitrust issues could provide some downside risk.
In conclusion, given the bullish trend, the forecasted price, and the current support and resistance levels, it is reasonable to expect that Google's stock price will continue its upward trajectory tomorrow, July 24, 2025. However, investors should remain mindful of potential regulatory and antitrust-related risks.