Stock Price Trends

Alphabet Inc Class C (GOOG)

Alphabet Inc. is an American multinational conglomerate headquartered in Mountain View, California. It was created through a restructuring of Google on October 2, 2015, and became the parent company of Google and several former Google subsidiaries. The two co-founders of Google remained as controlling shareholders, board members, and employees at Alphabet. Alphabet is the world's fourth-largest technology company by revenue and one of the world's most valuable companies.

Stock Price Trends

Stock price trends estimated using linear regression.

Key facts

  • The primary trend is increasing.
  • The growth rate of the primary trend is 38.44% per annum.
  • GOOG price at the close of August 14, 2025 was $203.82 and was lower than the bottom border of the primary price channel by $0.65 (0.32%). This indicates a possible reversal in the primary trend direction.
  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 1.66% per annum.
  • GOOG price at the close of August 14, 2025 was higher than the top border of the secondary price channel by $3.02 (1.51%).

Linear Regression Model

Model equation:
Yi = α + β × Xi + εi

Top border of price channel:
Exp(Yi) = Exp(a + b × Xi + 2 × s)

Bottom border of price channel:
Exp(Yi) = Exp(a + b × Xi – 2 × s)

where:

i - observation number
Yi - natural logarithm of GOOG price
Xi - time index, 1 day interval
σ - standard deviation of εi
a - estimator of α
b - estimator of β
s - estimator of σ
Exp() - calculates the exponent of e


Primary Trend

Start date: September 13, 2022
End date: February 20, 2025

a = 3.8352

b = 0.0009

s = 0.0696

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0009) – 1
= 38.44%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0696) – 1
= 32.10%

September 13, 2022 calculations

Top border of price channel:

Exp(Y522)
= Exp(a + b × X522 + 2 × s)
= Exp(a + b × 757 + 2 × s)
= Exp(3.8352 + 0.0009 × 757 + 2 × 0.0696)
= Exp(4.6489)
= $104.47

Bottom border of price channel:

Exp(Y522)
= Exp(a + b × X522 – 2 × s)
= Exp(a + b × 757 – 2 × s)
= Exp(3.8352 + 0.0009 × 757 – 2 × 0.0696)
= Exp(4.3705)
= $79.09

February 20, 2025 calculations

Top border of price channel:

Exp(Y1,133)
= Exp(a + b × X1,133 + 2 × s)
= Exp(a + b × 1,648 + 2 × s)
= Exp(3.8352 + 0.0009 × 1,648 + 2 × 0.0696)
= Exp(5.4429)
= $231.11

Bottom border of price channel:

Exp(Y1,133)
= Exp(a + b × X1,133 – 2 × s)
= Exp(a + b × 1,648 – 2 × s)
= Exp(3.8352 + 0.0009 × 1,648 – 2 × 0.0696)
= Exp(5.1645)
= $174.94

Description

  • The primary trend is increasing.
  • The growth rate of the primary trend is 38.44% per annum.
  • GOOG price at the close of August 14, 2025 was $203.82 and was lower than the bottom border of the primary price channel by $0.65 (0.32%). This indicates a possible reversal in the primary trend direction.

Secondary Trend

Start date: April 8, 2024
End date: July 18, 2025

a = 5.0794

b = 0.0000

s = 0.0704

Annual growth rate:

Exp(365 × b) – 1
= Exp(365 × 0.0000) – 1
= 1.66%

Price channel spread:

Exp(4 × s) – 1
= Exp(4 × 0.0704) – 1
= 32.50%

April 8, 2024 calculations

Top border of price channel:

Exp(Y915)
= Exp(a + b × X915 + 2 × s)
= Exp(a + b × 1,330 + 2 × s)
= Exp(5.0794 + 0.0000 × 1,330 + 2 × 0.0704)
= Exp(5.2801)
= $196.39

Bottom border of price channel:

Exp(Y915)
= Exp(a + b × X915 – 2 × s)
= Exp(a + b × 1,330 – 2 × s)
= Exp(5.0794 + 0.0000 × 1,330 – 2 × 0.0704)
= Exp(4.9986)
= $148.21

July 18, 2025 calculations

Top border of price channel:

Exp(Y1,235)
= Exp(a + b × X1,235 + 2 × s)
= Exp(a + b × 1,796 + 2 × s)
= Exp(5.0794 + 0.0000 × 1,796 + 2 × 0.0704)
= Exp(5.3011)
= $200.55

Bottom border of price channel:

Exp(Y1,235)
= Exp(a + b × X1,235 – 2 × s)
= Exp(a + b × 1,796 – 2 × s)
= Exp(5.0794 + 0.0000 × 1,796 – 2 × 0.0704)
= Exp(5.0196)
= $151.36

Description

  • The secondary trend is increasing.
  • The growth rate of the secondary trend is 1.66% per annum.
  • GOOG price at the close of August 14, 2025 was higher than the top border of the secondary price channel by $3.02 (1.51%).