ALPHABET INC-CL C (GOOG) Stock Technical Analysis
USA - NASDAQ:GOOG - US02079K1079 - Common Stock
Overall GOOG gets a technical rating of 10 out of 10. 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.
Although GOOG has an excellent technical rating, it does not present a decent entry opportunity 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
150.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 251.33 to 256.22. 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 244.46 to 244.67. 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 152.13 to 153.87. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | 91.91 | POSITIVE | GOOG has a high relative strength, it outperformed 91.91% 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) | 78.04 | OVERBOUGHT | The high RSI value suggests GOOG may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.6 | POSITIVE | The MACD value suggests GOOG has a positive trend. |
| Stochastics (14,3) | 86.15 | OVERBOUGHT | The high Stochastics value suggests GOOG may be overbought. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for GOOG suggests some volalility. |
| Average Directional Index/ADX (14) | 26.82 | POSITIVE | The high ADX value value for GOOG suggests a strong trend. |
281.82
-0.08 (-0.03%)
ALPHABET INC-CL C / GOOG FAQ
What is the technical rating for GOOG stock?
ChartMill assigns a technical rating of 10 / 10 to GOOG.
What is the trend direction for GOOG stock?
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 78.0357. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ALPHABET INC-CL C?
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 256.22. Check the full technical report for our detailed analysis of GOOG support and resistance levels.