Google to Utilize Prediction Market Data from Polymarket and Kalshi to Tap into Collective Intelligence
Google Finance Integration: Google announced it will integrate prediction market data from Polymarket and Kalshi into its Google Finance platform, initially available to Google Labs users for insights on future market events.
Polymarket and Kalshi Overview: Polymarket, valued at $9 billion, allows users to bet on outcomes using USDC, while Kalshi, a federally-regulated market, recently reached a $5 billion valuation, together dominating over 90% of the prediction market industry.
Market Trends: Analysts note that prediction markets are evolving into a recognized asset class, supported by significant capital and regulatory backing, with monthly volumes exceeding $4 billion.
Stock Performance: Alphabet's Class A shares saw a slight increase of 0.06% in after-hours trading, maintaining a strong price trend compared to other major stocks.
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Technical Analysis for POL
Technical Sentiment Analysis for POL (ex-MATIC) (POL) As of , POL (ex-MATIC) (POL) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for POL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, POL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
POL (ex-MATIC) (POL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0489 | 0.0664 | 0.0839 | 0.101 | 0.119 | 0.136 | 0.154 |
| Fibonacci | 0.0664 | 0.0798 | 0.088 | 0.101 | 0.115 | 0.123 | 0.136 |
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