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GoDaddy announces .US.COM domains are now available: Can GDDY break above $109.04?

GoDaddy announces .US.COM domains are now available: Can GDDY break above $109.04?
Godaddy stock rises 1.2% today

GoDaddy announced the availability of .US.COM domains, offering users a familiar .COM experience with a United States connection and no residency requirement. The stock is up 1.2% on the day at $108.03.

GDDY price prediction
24H 0.27%
$114.69
48H -0.31%
$114.03
7D -1.44%
$112.73
1M 11.29%
$127.29
3M -2.3%
$111.75
6M -33.42%
$76.15
12M -20.05%
$91.45
Detailed
Current price: $114.38 -5.75 4.79%
Closed 11/06
Daily range 114.15 Arrow from to Icon 118.52
Weekly range 111.08 Arrow from to Icon 123.08
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Highlights

  • GoDaddy made .US.COM domains available, allowing global users a .COM-style web address linked to the United States with no residency condition.
  • Shares of GoDaddy are up 1.2% at $108.03, with 31 of 70 analysts rating the stock a buy and a median target of $100.
  • GoDaddy maintains a market value near $13.21 billion, supported by trailing revenue of $5.1 billion and a workforce of 5,845.

GoDaddy announced that .US.COM domains are now available, offering a familiar .COM feel with a US connection. No US residency is required to register one of these domains. The move may influence demand within the domain registration market.

Bullish chart structure as price tests weekly resistance

RSI at 60.4 is nearing overbought territory, an early sign the advance is getting stretched. Shares of Godaddy continue to trade in a bullish pattern, with price holding above the MA-20, MA-50, and MA-200. The nearest resistance is the weekly high at $109.04, which now represents the next level buyers may focus on as the current trend remains intact.

Upside odds remain strong as buyers eye weekly close

A close above $109.04 would show buyers are willing to follow through. RSI at 60.4 indicates the recent run higher is starting to approach overbought conditions, introducing early signs that upside may be close to its limits. Still, over the next five trading days, the probability of more upside is more than 80%, while the probability of downside is less than 20%, with the expected trading range seen between $105.02 and $111.03. A drop below $102.31 would show the move is being faded. On the weekly chart the longer-term picture stays constructive.

Previously it was reported that GoDaddy's platform enhancements and bullish price structure had positioned the stock for further upside. The current release of .US.COM domains, combined with sustained technical strength, adds a new catalyst to monitor, with the weekly resistance level now a key marker for potential follow-through.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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