ALPHABET INC-CL A (GOOGL) Stock Technical Analysis
NASDAQ:GOOGL - Nasdaq - US02079K3059 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to GOOGL. In the past year, GOOGL was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
GOOGL is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 72% of 71 stocks in the same industry.
In the last month GOOGL has a been trading in the 147.84 - 176.77 range, which is quite wide. It is currently trading near the high of this range.
GOOGL has an average volume of 40865400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, GOOGL outperforms 40% of them, which is more or less in line with the market.
GOOGL is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GOOGL is lagging the market slightly.
GOOGL has an average technical rating and it also does not offer a high quality setup 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
144.13
172.59
4 important support areas can be observed.
- A support zone ranging from 161.81 to 164.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @156.21 from a trend line in the daily time frame.
- Support @151.37 from a horizontal line in the daily time frame.
- A support zone ranging from 145.59 to 148.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 170.88 to 170.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for GOOGL is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GOOGL is up. |
| ChartMill Relative Strength | 40.59 | NEUTRAL | GOOGL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GOOGL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GOOGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of GOOGL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.69 | NEUTRAL | The RSI value for GOOGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.28 | POSITIVE | The MACD value suggests GOOGL has a positive trend. |
| Stochastics (14,3) | 78.85 | NEUTRAL | The Stochastics value for GOOGL is a neutral value. |
| Average True Range in percent/ATR (20) | 3.23 | MEDIUM VOLATILITY | The ATR as a percentage value for GOOGL suggests some volalility. |
| Average Directional Index/ADX (14) | 18.86 | NEGATIVE | The low ADX value for GOOGL suggests a weak or negative trend. |
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)
170.87
+2.31 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.37%
1 Week4.21%
2 Weeks10.75%
1 Month7.28%
3 Month-4.89%
6 Month3.71%
12 Month-2.35%
2 Year39.07%
3 Year50.2%
5 Year138.39%
10 Year526.68%
15 YearN/A
Volatility
ATR(14)6.01
ATR(20)%3.23%
ATR Inc70.28%
Range Today6.06
ADR(20)4.9
ADR(20)%2.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.59
Mansfield-0.31
10 Day High176.77
10 Day Low152.2
20 Day High176.77
20 Day Low147.84
52 Week High207.05
52 Week Low140.53
CS1 End164.84
CR1 Start170.88
Volume & EV
DER(3)1.54%
DER(5)0.84%
Volume74.86M
Volume Incr34.87%
Vol(5)53.63M
Vol(50)40.87M