NASDAQ:GOOG - Nasdaq - US02079K1079 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to GOOG. Recently some decent action could be observed, but in the medium term time frame this is still negative. GOOG was also a bad performer in the overall market in the last year.
GOOG has a bad technical rating, but it does show 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 165.58. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 163.06, a Stop Loss order could be placed below this zone.
145.10
We found 3 important support areas.
When analyzing the resistance we notice one important area.
165.32
-2.55 (-1.52%)