ALPHABET INC-CL C (GOOG)

US02079K1079 - Common Stock

177.33  -2.25 (-1.25%)

Premarket: 176.7 -0.63 (-0.36%)

Technical Rating and Analysis

8

Taking everything into account, GOOG scores 8 out of 10 in our technical rating. In the last year, GOOG was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GOOG is one of the better performing stocks in the market, outperforming 74% of all stocks.
GOOG is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 77% of 72 stocks in the same industry.
GOOG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GOOG is lagging the market slightly.
GOOG has an average volume of 17193400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month GOOG has a been trading in the 162.77 - 184.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
GOOG Weekly chart
GOOG Daily chart
Setup Rating and Analysis

6

Although GOOG has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

150.60

194.60

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 173.69 to 175.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 160.76 to 163.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @156.44 from a trend line in the daily time frame.
  • Support @152.12 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @182.68 from a trend line in the daily time frame.
  • A resistance zone ranging from 191.97 to 192.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.07
Mansfield-0.12
10 Day High184.03
10 Day Low172.75
20 Day High184.03
20 Day Low162.77
52 Week High193.31
52 Week Low129.4
Performance
1 Week-1.75%
2 Weeks-0.56%
1 Month7.81%
3 Month5.91%
6 Month0.57%
12 Month28.3%
2 Year74.8%
3 Year24.48%
5 Year171.78%
10 Year554.56%
15 Year1116.67%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.29
RSI(14)55.39
LBB169.7
UBB185.44
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
182.69173.689.01 (4.93%)20.28%
An entry @182.69. This is a Buy Stop order right above the resistance zone.An exit @173.68. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 9.01 points, which is 4.93%.For a 1.00% total portfolio risk, you can invest 20.28% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GOOG Daily chart

ALPHABET INC-CL C

NASDAQ:GOOG (11/20/2024, 8:00:00 PM)

Premarket: 176.7 -0.63 (-0.36%)

177.33

-2.25 (-1.25%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg-1.25%
1 Week-1.75%
2 Weeks-0.56%
1 Month7.81%
3 Month5.91%
6 Month0.57%
12 Month28.3%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.75
ATR(20)%2.38%
ATR Inc
Range Today3.78
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High184.03
10 Day Low172.75
20 Day High184.03
20 Day Low162.77
52 Week High193.31
52 Week Low129.4
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume15.73M
Volume Incr-4.23%
Vol(5)17.90M
Vol(50)17.19M