In line with the 15-minute chart analysis of GoDaddy, the Moving Average Convergence Divergence (MACD) indicator recently triggered a "death cross," indicating a potential downward trend in stock price. Furthermore, the KDJ indicator also signaled a "death cross" at 13:00 on July 18, 2025, suggesting a shift in momentum towards the downside and a possible decrease in stock price. These indicators suggest that the stock price may continue to decline.
GoDaddy's stock, represented by the ticker symbol GDDY, has recently shown signs of a potential downward trend based on technical indicators. The Moving Average Convergence Divergence (MACD) indicator triggered a "death cross" on July 15, 2025, which typically indicates a bearish signal and suggests a potential downward trend in the stock price [3]. Additionally, the KDJ indicator also signaled a "death cross" at 13:00 on July 18, 2025, further suggesting a shift in momentum towards the downside [3]. These technical indicators suggest that the stock price may continue to decline.
On July 15, 2025, GoDaddy's trading volume surged to $249 million, marking a 35.32% increase from the previous day, and ranking 417th in the day's stock market rankings [3]. Despite the increased trading volume, the stock closed the day with a 1.10% decrease, indicating that the market sentiment was still bearish.
The recent selling activity by GoDaddy's Chief Operating Officer, Roger Chen, who sold 1,000 shares of Class A Common Stock on July 15, 2025, at a price of $169.59 per share, totaling $169,590, may also contribute to the downward pressure on the stock price [2]. This sale was executed under a 10b5-1 trading plan.
From a fundamental perspective, GoDaddy's stock appears to be undervalued based on a recent analysis. The projected fair value for GoDaddy is US$281 based on a 2-stage free cash flow to equity model, with the current share price of US$168 indicating that it might be 40% undervalued [1]. However, it is important to note that the intrinsic value estimate is a rough approximation and should be considered with caution.
In conclusion, while the technical indicators suggest a potential downward trend in GoDaddy's stock price, the current share price may be undervalued based on fundamental analysis. Investors should closely monitor the stock's performance and consider the potential risks associated with the company.
References:
[1] https://simplywall.st/stocks/us/software/nyse-gddy/godaddy/news/godaddy-incs-nysegddy-intrinsic-value-is-potentially-68-abov
[2] https://www.tradingview.com/news/tradingview:5115e6380e18a:0-godaddy-coo-sells-1-000-shares/
[3] https://www.ainvest.com/news/godaddy-trading-volume-surges-35-32-249-million-ranks-417th-market-2507/
Comments
No comments yet