LEVERAGE SHARES 2X ALPHABET (2GOO.AS) Stock Technical Analysis
AMS:2GOO - IE00BF01VY89 - ETF
113.2 EUR
+1.41 (+1.26%)
Taking everything into account, 2GOO scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, 2GOO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: 2GOO has an average volume of 145 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
2GOO 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 2GOO has a been trading in the 76.00 - 114.57 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, 2GOO did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although 2GOO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
57.67
114.34
We found 3 important support areas.
- A support zone ranging from 90.92 to 90.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @73.59 from a trend line in the daily time frame.
- Support @58.25 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 113.21 to 113.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 2GOO.AS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for 2GOO.AS is up. |
| ChartMill Relative Strength | 94.39 | POSITIVE | 2GOO.AS has a high relative strength, it outperformed 94.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of 2GOO.AS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of 2GOO.AS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of 2GOO.AS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.36 | OVERBOUGHT | The high RSI value suggests 2GOO.AS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.07 | POSITIVE | The MACD value suggests 2GOO.AS has a positive trend. |
| Stochastics (14,3) | 95.69 | OVERBOUGHT | The high Stochastics value suggests 2GOO.AS may be overbought. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for 2GOO.AS suggests some volalility. |
| Average Directional Index/ADX (14) | 35.45 | POSITIVE | The high ADX value value for 2GOO.AS suggests a strong trend. |
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)
AMS:2GOO (9/8/2025, 7:00:00 PM)
113.2
+1.41 (+1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.26%
1 Week20.8%
2 Weeks30.2%
1 Month43.09%
3 Month74.96%
6 Month23.04%
12 Month18.83%
2 Year97.01%
3 Year166.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.34
ATR(20)%2.97%
ATR Inc-4.79%
Range Today1.45
ADR(20)1.57
ADR(20)%1.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.39
Mansfield3.23
10 Day High114.57
10 Day Low88.02
20 Day High114.57
20 Day Low76
52 Week High114.57
52 Week Low50
CS1 End90.99
CR1 Start113.21
Volume & EV
DER(3)0%
DER(5)0%
Volume10
Volume Incr-74.44%
Vol(5)28.6
Vol(50)145.16