Large Inflow of Money Detected in Google

Google (GOOG) stock had a bullish inflow of $197.2 million worth of trades on uptick and an outflow of $167.06 million in downticks on Monday. The total uptick to downtick ratio stood at 1.18. The net money flow into the stock was $30.15 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $36.01 million. An inflow of $18.57 million block trade was recorded on downticks. $54.58 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 2.94 in favor of the bulls. However, Google (GOOG) stock traded down $0.78 , and reached $782.44, a drop of -0.1% over the previous day. On a weekly basis, the stock is 0.03%, over the previous weeks close.


Shares of Alphabet Inc. rose by 0.09% in the last five trading days and 8.69% for the last 4 weeks. Alphabet Inc. is up 9.2% in the last 3-month period. Year-to-Date the stock performance stands at 3.1%.

Google (NASDAQ:GOOG): The stock opened at $783.75 on Monday but the bulls could not build on the opening and the stock topped out at $787.49 for the day. The stock traded down to $780.11 during the day, due to lack of any buying support eventually closed down at $782.44 with a loss of -0.10% for the day. The stock had closed at $783.22 on the previous day. The total traded volume was 938,186 shares.

In a related news,The director officer 10% owner (President) of Alphabet Inc., Brin Sergey sold 33,340 shares at $789.83 on August 5, 2016. The Insider selling transaction had a total value worth of $26,332,932. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Alphabet Inc (Alphabet) is a collection of Companies. The Companys collection include Calico, Googles health and longevity effort; Nest its connected home business; Fiber, its gigabit internet arm; and its investment divisions such as Google Ventures and Google Capital, and incubator projects, such as Google X. These will be managed separately in Alphabet. On October 2, 2015, Google implemented a holding company reorganization pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of October 2, 2015, among Google, Alphabet and Maple Technologies Inc., a Delaware corporation (Merger Sub), which resulted in Alphabet owning all of the outstanding capital stock of Google. Pursuant to the Alphabet Merger, Merger Sub, a direct, wholly owned subsidiary of Alphabet and an indirect, wholly owned subsidiary of Google, merged with and into Google, with Google surviving as a direct, wholly owned subsidiary of Alphabet.

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