Waymo Aims to Quadruple Weekly Rides to 1 Million by 2026
- Service Expansion Plan: Waymo aims to increase its weekly autonomous rides from 250,000 to 1 million by the end of 2026, which is expected to significantly enhance the company's market share and brand influence in the U.S.
- New Market Rollout: The company plans to launch services in 20 new cities over the next year, including Miami, Dallas, and Washington D.C., greatly expanding its coverage and further solidifying its leadership position in the autonomous driving sector.
- Manufacturing Capacity Boost: In collaboration with partner Magna, Waymo is doubling production capacity at its Arizona factory, with over 2,000 autonomous vehicles expected to roll out by the end of 2026 to meet expansion demands.
- Safety Advantage: Waymo's robotaxis experience only 0.8 crashes per million miles, compared to 3.96 for human drivers, and this significant safety record is likely to enhance public trust in its services.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for 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, 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 $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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