ALPHABET INC-CL C (GOOG)

US02079K1079 - Common Stock

157.46  +0.58 (+0.37%)

Premarket: 156.76 -0.7 (-0.44%)

Technical Rating and Analysis

10

Taking everything into account, GOOG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, GOOG is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that GOOG is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by GOOG over the past year are nicely spread over this period.
GOOG is part of the Interactive Media & Services industry. There are 68 other stocks in this industry. GOOG outperforms 83% of them.
GOOG is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so GOOG is leading the market.
GOOG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
GOOG has an average volume of 22398200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
GOOG Weekly chart
GOOG Daily chart
Setup Rating and Analysis

7

GOOG has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 157.25, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

118.94

162.41

5 important support areas can be observed.

  • A support zone ranging from 155.04 to 157.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @141.51 from a trend line in the weekly time frame.
  • A support zone ranging from 135.68 to 136.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 128.49 to 130.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @120.14 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 159.20 to 160.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.44
Mansfield0.73
10 Day High161.7
10 Day Low151.08
20 Day High161.7
20 Day Low148.01
52 Week High161.7
52 Week Low103.27
Performance
1 Week-2.07%
2 Weeks3.63%
1 Month5.2%
3 Month6.41%
6 Month15.15%
12 Month48.67%
2 Year36.96%
3 Year30.67%
5 Year164.98%
10 Year497.96%
15 Year1490.63%
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)
Technical Indicators
MACD(12,26,9)-0.25
RSI(14)60.45
LBB152.57
UBB160.75
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
160.81155.035.78 (3.59%)25.00%
An entry @160.81. This is a Buy Stop order right above the resistance zone.An exit @155.03. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 5.78 points, which is 3.59%.For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
GOOG Daily chart

ALPHABET INC-CL C

NASDAQ:GOOG (4/18/2024, 7:00:02 PM)

Premarket: 156.76 -0.7 (-0.44%)

157.46

+0.58 (+0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg0.37%
1 Week-2.07%
2 Weeks3.63%
1 Month5.2%
3 Month6.41%
6 Month15.15%
12 Month48.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.28
ATR(20)%1.97%
ATR Inc
Range Today2.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High161.7
10 Day Low151.08
20 Day High161.7
20 Day Low148.01
52 Week High161.7
52 Week Low103.27
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.02M
Volume Incr-24.46%
Vol(5)16.76M
Vol(50)22.40M