ALPHABET INC-CL A (GOOGL)

US02079K3059 - Common Stock

191.41  +2.9 (+1.54%)

After market: 192.79 +1.38 (+0.72%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to GOOGL. Both in the recent history as in the last year, GOOGL has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, GOOGL did better than 87% of all other stocks. On top of that, GOOGL also shows a nice and consistent pattern of rising prices.
GOOGL is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 77% of 73 stocks in the same industry.
GOOGL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so GOOGL is performing more or less in line with the market.
GOOGL 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.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
GOOGL has an average volume of 29501600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
GOOGL Weekly chart
GOOGL Daily chart
Setup Rating and Analysis

6

Although GOOGL 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

149.02

193.33

We found 3 important support areas.

  • Support @170.53 from a trend line in the daily time frame.
  • A support zone ranging from 161.86 to 164.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @150.53 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @191.42 from a horizontal line in the weekly time frame.
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
CRS87.69
Mansfield0.73
10 Day High201.42
10 Day Low173.65
20 Day High201.42
20 Day Low163.9
52 Week High201.42
52 Week Low130.67
Performance
1 Week0.84%
2 Weeks9.56%
1 Month14.19%
3 Month17.01%
6 Month6.56%
12 Month35.28%
2 Year116.94%
3 Year32.14%
5 Year185.82%
10 Year621.4%
15 YearN/A
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)0.93
RSI(14)61.91
LBB167.04
UBB203.13
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
191.43173.6417.79 (9.29%)10.76%
An entry @191.43. This is a Buy Stop order right above the resistance zone.An exit @173.64. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 17.79 points, which is 9.29%.When investing 10.76% 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.
GOOGL Daily chart

ALPHABET INC-CL A

NASDAQ:GOOGL (12/20/2024, 8:15:18 PM)

After market: 192.79 +1.38 (+0.72%)

191.41

+2.9 (+1.54%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.54%
1 Week0.84%
2 Weeks9.56%
1 Month14.19%
3 Month17.01%
6 Month6.56%
12 Month35.28%
2 Year116.94%
3 Year32.14%
5 Year185.82%
10 Year621.4%
15 YearN/A
Volatility
ATR(14)5.78
ATR(20)%2.56%
ATR Inc15.88%
Range Today7.67
ADR(20)4.37
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
CRS87.69
Mansfield0.73
10 Day High201.42
10 Day Low173.65
20 Day High201.42
20 Day Low163.9
52 Week High201.42
52 Week Low130.67
CS1 End170.53
CR1 Start191.42
Volume & EV
DER(3)-0.95%
DER(5)-0.42%
Volume63.46M
Volume Incr43.37%
Vol(5)43.67M
Vol(50)29.50M