1GOOGL Technical Analysis - ALPHABET INC-CL A

Technical Rating and Analysis

We assign a technical rating of 10 out of 10 to 1GOOGL. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, 1GOOGL is showing a nice and steady performance.

Warning: 1GOOGL has an average volume of 13264 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The long and short term trends are both positive. This is looking good!

Looking at the yearly performance, 1GOOGL did better than 92% of all other stocks.

1GOOGL is part of the Interactive Media & Services industry. There are 24 other stocks in this industry. 1GOOGL outperforms 82% of them.

1GOOGL is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.

In the last month 1GOOGL has a been trading in the 176.62 - 216.95 range, which is quite wide. It is currently trading near the high of this range.

Considerably lower volume is observed in the last couple of days.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

ALPHABET INC-CL A / 1GOOGL Weekly stock chart

ALPHABET INC-CL A / 1GOOGL Daily stock chart

Setup Rating and Analysis

1GOOGL has an excellent technical rating, but the quality of the setup is only medium 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.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

136.94

215.74

4 important support areas can be observed.

Support @189.21 from a trend line in the daily time frame.
Support @168.60 from a trend line in the weekly time frame.
Support @160.96 from a trend line in the daily time frame.
Support @138.32 from a trend line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

Indicator	Value	Signal	Comment
ChartMill Long Term Trend Indicator	UP	POSITIVE	The long term trend for 1GOOGL.MI is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for 1GOOGL.MI is up.
ChartMill Relative Strength	92.49	POSITIVE	1GOOGL.MI has a high relative strength, it outperformed 92.49% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of 1GOOGL.MI is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of 1GOOGL.MI is above the rising SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of 1GOOGL.MI is above the rising SMA(200).
Relative Strength Index/RSI (14)	77.81	OVERBOUGHT	The high RSI value suggests 1GOOGL.MI may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.73	POSITIVE	The MACD value suggests 1GOOGL.MI has a positive trend, although the MACD value is declining.
Stochastics (14,3)	92.06	OVERBOUGHT	The high Stochastics value suggests 1GOOGL.MI may be overbought.
Average True Range in percent/ATR (20)	2.28	MEDIUM VOLATILITY	The ATR as a percentage value for 1GOOGL.MI suggests some volalility.
Average Directional Index/ADX (14)	49.22	POSITIVE	The high ADX value value for 1GOOGL.MI suggests a strong trend.