ALPHABET INC-CL C (GOOG) Technical Analysis
NASDAQ:GOOG • US02079K1079
Current stock price
GOOG Technical Rating and Analysis
Taking everything into account, GOOG scores 5 out of 10 in our technical rating. In the last year, GOOG was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month GOOG has a been trading in the 293.93 - 319.45 range, which is quite wide. It is currently trading near the lows of this range.
- When comparing the yearly performance of all stocks, we notice that GOOG is one of the better performing stocks in the market, outperforming 90% of all stocks.
- GOOG is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 89% of 69 stocks in the same industry.
- GOOG 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 GOOG is performing more or less in line with the market.
- GOOG has an average volume of 21754200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
GOOG Weekly and Daily overview Charts
GOOG Setup Rating and Analysis
GOOG has only a medium 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 very little resistance above the current price. There is a support zone below the current price at 305.03, a Stop Loss order could be placed below this zone.
More info and screens
GOOG Support and Resistance Analysis
150.61
We found 2 important support areas.
- A support zone ranging from 298.06 to 298.29. 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.
- A resistance zone ranging from 305.02 to 308.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @344.91 from a horizontal line 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 | DOWN | NEGATIVE | The short term trend for GOOG is down. |
| ChartMill Relative Strength | 90.93 | POSITIVE | GOOG has a high relative strength, it outperformed 90.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of GOOG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOOG is below a declining 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) | 45.99 | NEUTRAL | The RSI value for GOOG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests GOOG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.73 | NEUTRAL | The Stochastics value for GOOG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for GOOG suggests some volalility. |
| Average Directional Index/ADX (14) | 25.99 | POSITIVE | The high ADX value value for GOOG suggests a strong trend. |
GOOG Chart- and CandleStick Pattern Analysis
GOOG Technicals: Chart, Performance Metrics, Trend & Indicators
298.79
-6.94 (-2.27%)
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 5 / 10 to GOOG.
Can you provide the trend direction for ALPHABET INC-CL C?
The current trend direction for ALPHABET INC-CL C (GOOG) is Bullish.
What is the RSI signal for ALPHABET INC-CL C (GOOG) stock?
ALPHABET INC-CL C (GOOG) has an RSI value of 45.9893. This indicates that the stock is currently neutral.
What is the short term momentum for ALPHABET INC-CL C (GOOG) stock?
The short term momentum for ALPHABET INC-CL C (GOOG) is negative.
What is the buy/sell signal for GOOG stock?
The buy/sell signal for ALPHABET INC-CL C (GOOG) is hold as the short term and long term trends are mixed.