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ALPHABET INC-CL C (GOOG) Stock Technical Analysis

NASDAQ:GOOG - Nasdaq - US02079K1079 - Common Stock

197.55  +3.14 (+1.62%)

After market: 197.5 -0.05 (-0.03%)

Technical Rating and Analysis

10

Taking everything into account, GOOG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GOOG is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GOOG did better than 85% of all other stocks. On top of that, GOOG also shows a nice and consistent pattern of rising prices.
GOOG is part of the Interactive Media & Services industry. There are 72 other stocks in this industry. GOOG outperforms 73% 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.
GOOG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GOOG has an average volume of 18949000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
GOOG Weekly chart
GOOG Daily chart
Setup Rating and Analysis

9

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 197.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 194.86, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • 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.
Support and Resistance Analysis

161.43

200.15

3 important support areas can be observed.

  • A support zone ranging from 189.70 to 194.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @177.92 from a trend line in the daily time frame.
  • A support zone ranging from 163.06 to 164.26. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 197.56 to 198.17. 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
CRS85.9
Mansfield0.78
10 Day High202.14
10 Day Low188.66
20 Day High202.14
20 Day Low186.37
52 Week High202.88
52 Week Low131.55
Performance
1 Week2.27%
2 Weeks3.63%
1 Month0.22%
3 Month19.69%
6 Month10.12%
12 Month33.51%
2 Year97.81%
3 Year45.58%
5 Year175.48%
10 Year639.17%
15 Year1391.11%
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)-0.5
RSI(14)59.23
LBB189.09
UBB198.97
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
198.18189.698.49 (4.28%)23.34%
An entry @198.18. This is a Buy Stop order right above the resistance zone.An exit @189.69. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 8.49 points, which is 4.28%.When investing 23.34% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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 (1/17/2025, 8:04:32 PM)

After market: 197.5 -0.05 (-0.03%)

197.55

+3.14 (+1.62%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.62%
1 Week2.27%
2 Weeks3.63%
1 Month0.22%
3 Month19.69%
6 Month10.12%
12 Month33.51%
2 Year97.81%
3 Year45.58%
5 Year175.48%
10 Year639.17%
15 Year1391.11%
Volatility
ATR(14)4.67
ATR(20)%2.46%
ATR Inc-21.37%
Range Today3.5
ADR(20)4.51
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.9
Mansfield0.78
10 Day High202.14
10 Day Low188.66
20 Day High202.14
20 Day Low186.37
52 Week High202.88
52 Week Low131.55
CS1 End194.86
CR1 Start197.56
Volume & EV
DER(3)0.41%
DER(5)0.45%
Volume22.11M
Volume Incr-27.49%
Vol(5)15.05M
Vol(50)18.95M