GoDaddy Inc (GDDY): Price Now Near $83.2; Daily Chart Shows An Uptrend on 100 Day Basis

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The Hourly View for GDDY

Currently, GDDY (Get Ratings)’s price is down $-0.27 (-0.32%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as GDDY has now gone down 4 of the past 5 hours. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 hour timeframes. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Out of Computers stocks, GDDY ranks 62nd in regards to today’s price percentage change.

GDDY’s Technical Outlook on the Daily Chart

At the time of this writing, GDDY’s price is down $-0.89 (-1.06%) from the day prior. It’s been a feast for bears operating on the daily timeframe, as GDDY has now gone down 4 of the past 5 days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. GoDaddy Inc’s price action over the past 90 days can be seen via the chart below.

GDDY: Daily RSI Analysis

  • GDDY’s RSI now stands at 38.3973.
  • GDDY and RSI both have consistent trends, as they are both heading down.

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