Buy GoDaddy | NYSE – GDDY | Short Term Trading Advice | Technology Sector | 20 Nov 2024 | Expected Gain 5% – 6%

Stock Market
NYSE, United States of America

Target hit. Trade closed.

20 Nov 2024
22 Nov 2024
22 Nov 2024
3 days
Loss per
100,000 USD
Stop-loss
177
Buy Advice
20 Nov 2024
182 – 186
Target 1
22 Nov 2024
195
Target 2
22 Nov 2024
197
Profit per
100,000 USD
3 days
5,460
177
182 – 186
195
197
5,460
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • GoDaddy
  • 182 – 186
  • 195 – 197
  • Below 177
  • 5% – 6%
  • 12 - 14 Days
  • Buy GoDaddy
  • Buy
    Range
    182 – 186
  • Target 195 – 197
  • Stoploss Below 177
  • Upside
    Potential
    5% – 6%
  • Trade
    Duration
    12 - 14 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    GoDaddy (NYSE: GDDY) - Stock Overview

  • NYSE code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • GDDY
  • GoDaddy
  • Technology
  • 190.21
  • 91.86
  • NYSE code GDDY
  • Stock Name GoDaddy
  • Sector Technology
  • 52 Weeks High 190.21
  • 52 Weeks Low 91.86
  • Company profile

    GoDaddy is a well-known American publicly traded Internet domain registrar and web hosting company. It was founded in 1997 by Bob Parsons and has since grown to become one of the largest domain registrars in the world, managing millions of domain names. The company is headquartered in Scottsdale, Arizona. Initially known primarily for its domain registration services, GoDaddy has expanded its offerings over the years to include website hosting, website building tools, email hosting, security services, and online marketing solutions. It’s often recognized for its memorable and sometimes controversial advertising campaigns.

  • GoDaddy (NYSE: GDDY) vs NYSE - Relative Strength Comparison

    The image compares GoDaddy's 1-year performance to NYSE.
    Relative Performance - Last 1 Year
    GDDY —   NYSE —

  • GoDaddy (NYSE: GDDY) - Technical Analysis (Daily)

    GoDaddy - Technical Analysis chart on Daily Price and Volume
    GoDaddy - Technical Analysis chart on Daily Price and Volume

    • The price is currently experiencing a robust upward trend, consistently reaching higher highs and higher lows.
    • During this ascent, a Symmetrical Triangle pattern has formed, and following a breakout, the price has now reached its highest point.
    • It is anticipated that this rally will persist, pushing the price even higher.
  • GoDaddy (NYSE: GDDY) - RSI Indicator

    GoDaddy stock analysis based on RSI indicator
    GoDaddy - RSI indicator

    • Current RSI of this stock is 72.96, which indicates the strength of buyers.

  • GoDaddy (NYSE: GDDY) - ADX & DI Indicator

    GoDaddy stock analysis based on ADX & DI indicator
    GoDaddy - ADX & DI indicator

    • Increasing ADX value above 20, indicated the strength of the trend, thereby uptrending ADX confirms the bullish or bearish supportive decisions. Along with the rising ADX, and the +DI is above (or crossing) -DI, indicates the long trades should be favoured.

  • GoDaddy (NYSE: GDDY) - MACD Indicator

    GoDaddy stock analysis based on MACD indicator
    GoDaddy - MACD indicator

    • MACD line has crossed the signal line from the below, generates bullish signal.

  • Conclusion - GoDaddy (NYSE: GDDY) Stock Price Forecast

    Based on our trading advice US stock market NYSE & NASDAQ, GoDaddy stock price target will be USD 195 - USD 197 in the next 12-14 trading sessions.

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    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website