ALPHABET INC-CL C (GOOG)
US02079K1079 - Common Stock
We assign a technical rating of 10 out of 10 to GOOG. Both in the recent history as in the last year, GOOG has proven to be a steady performer, scoring decent points in every aspect analyzed.
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 88% of all stocks. We also observe that the gains produced by GOOG over the past year are nicely spread over this period.
GOOG is part of the Interactive Media & Services industry. There are 68 other stocks in this industry. GOOG outperforms 83% of them.
GOOG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GOOG has a been trading in the 152.77 - 176.42 range, which is quite wide. It is currently trading near the high of this range.
GOOG has an average volume of 22014600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GOOG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 173.89. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 173.69, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GOOG in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
118.94
175.63
6 important support areas can be observed.
- A support zone ranging from 166.59 to 173.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 155.71 to 156.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @144.98 from a trend line in the weekly time frame.
- Support @137.66 from a trend line in the daily time frame.
- A support zone ranging from 129.31 to 130.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @120.14 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 173.89 to 173.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.7
Mansfield1
10 Day High174.05
10 Day Low164.98
20 Day High176.42
20 Day Low152.77
52 Week High176.42
52 Week Low115.83
Performance
1 Week1.59%
2 Weeks5.02%
1 Month10.84%
3 Month22.66%
6 Month26.98%
12 Month41.08%
2 Year52.47%
3 Year44.21%
5 Year215.11%
10 Year521.12%
15 Year1566.99%
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)0.03
RSI(14)66.29
LBB164.73
UBB175.53
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 173.90 | 166.58 | 7.32 (4.21%) | 23.76% |
| An entry @173.90. This is a Buy Stop order right above the resistance zone. | An exit @166.58. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 7.32 points, which is 4.21%. | For a 1.00% total portfolio risk, you can invest 23.76% 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.
ALPHABET INC-CL C
NASDAQ:GOOG (5/15/2024, 7:00:01 PM)
Premarket: 174.02 +0.14 (+0.08%)173.88
+1.95 (+1.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.13%
1 Week1.59%
2 Weeks5.02%
1 Month10.84%
3 Month22.66%
6 Month26.98%
12 Month41.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)4.74
ATR(20)%2.58%
ATR Inc
Range Today2.02
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 High174.05
10 Day Low164.98
20 Day High176.42
20 Day Low152.77
52 Week High176.42
52 Week Low115.83
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume20.96M
Volume Incr-19.96%
Vol(5)18.00M
Vol(50)22.01M