ALPHABET INC-CL C (GOOG) Technical Analysis
NASDAQ:GOOG • US02079K1079
Current stock price
337.73 USD
+7.26 (+2.2%)
At close:
337.25 USD
-0.48 (-0.14%)
After Hours:
GOOG Technical Rating and Analysis
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.
- Looking at the yearly performance, GOOG did better than 90% of all other stocks. We also observe that the gains produced by GOOG over the past year are nicely spread over this period.
- GOOG is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 94% of 69 stocks in the same industry.
- 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 271.54 - 339.99 range, which is quite wide. It is currently trading near the high of this range.
- GOOG has an average volume of 19655100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
GOOG Weekly and Daily overview Charts
GOOG Setup Rating and Analysis
GOOG 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
GOOG Support and Resistance Analysis
150.61
348.36
When analyzing the support we can see 5 important areas.
- A support zone ranging from 336.43 to 337.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 329.21 to 330.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 307.56 to 312.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 276.98 to 283.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @152.13 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @339.41 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 344.90 to 344.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
GOOG 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 GOOG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOOG is up. |
| ChartMill Relative Strength | 90.7 | POSITIVE | GOOG has a high relative strength, it outperformed 90.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOOG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOOG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOOG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.29 | NEUTRAL | The RSI value for GOOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.4 | POSITIVE | The MACD value suggests GOOG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.1 | OVERBOUGHT | The high Stochastics value suggests GOOG may be overbought. |
| Average True Range in percent/ATR (20) | 2.39 | MEDIUM VOLATILITY | The ATR as a percentage value for GOOG suggests some volalility. |
| Average Directional Index/ADX (14) | 29.08 | POSITIVE | The high ADX value value for GOOG suggests a strong trend. |
GOOG Chart- and CandleStick Pattern Analysis
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)
GOOG Technicals: Chart, Performance Metrics, Trend & Indicators
337.73
+7.26 (+2.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg2.2%
1 Week0.97%
2 Weeks7.3%
1 Month16.78%
3 Month2.83%
6 Month29.64%
12 Month106.12%
2 Year105.13%
3 Year212.08%
5 Year180.26%
10 Year874.68%
15 Year2382.85%
Volatility
ATR(14)7.6
ATR(20)%2.39%
ATR Inc-9.1%
Range Today5.07
ADR(20)6.81
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.7
3 months CRS67.19
6 months CRS89.37
Mansfield2.21
10 Day High339.99
10 Day Low309.47
20 Day High339.99
20 Day Low271.54
52 Week High350.15
52 Week Low149.49
CS1 End337.72
CR1 Start339.41
Volume & EV
DER(3)1%
DER(5)0.79%
Volume12.95M
Volume Incr-26.62%
Vol(5)14.82M
Vol(50)19.66M
ALPHABET INC-CL C / GOOG TA FAQ
Can you provide the ChartMill technical rating for ALPHABET INC-CL C?
ChartMill assigns a technical rating of 10 / 10 to GOOG.
What is the current trend direction of ALPHABET INC-CL C (GOOG) stock?
The current trend direction for ALPHABET INC-CL C (GOOG) is Bullish.
Can you provide the RSI signal for ALPHABET INC-CL C?
ALPHABET INC-CL C (GOOG) has an RSI value of 67.2934. This indicates that the stock is currently neutral.
What is the short term momentum for GOOG stock?
The short term momentum for ALPHABET INC-CL C (GOOG) is positive.
What are the support and resistance levels for ALPHABET INC-CL C (GOOG) stock?
ALPHABET INC-CL C (GOOG) has a support level at 337.72 and a resistance level at 339.41. Check the full technical report for our detailed analysis of GOOG support and resistance levels.