ALPHABET INC-CL A (GOOGL) Technical Analysis
NASDAQ:GOOGL • US02079K3059
Current stock price
GOOGL Technical Rating and Analysis
Taking everything into account, GOOGL scores 4 out of 10 in our technical rating. In the last year, GOOGL was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, GOOGL did better than 91% of all other stocks.
- GOOGL is part of the Interactive Media & Services industry. There are 69 other stocks in this industry. GOOGL outperforms 92% of them.
- GOOGL 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 GOOGL is performing more or less in line with the market.
- GOOGL has an average volume of 34469700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- In the last month GOOGL has a been trading in the 294.08 - 319.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GOOGL Weekly and Daily overview Charts
GOOGL Setup Rating and Analysis
GOOGL has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 298.51, a Stop Loss order could be placed below this zone.
More info and screens
GOOGL Support and Resistance Analysis
293.75
We found 1 important support area.
- A support zone ranging from 296.72 to 298.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 301.47 to 307.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @343.70 from a horizontal line in the daily time frame.
GOOGL 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 GOOGL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for GOOGL is down. |
| ChartMill Relative Strength | 91.74 | POSITIVE | GOOGL has a high relative strength, it outperformed 91.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of GOOGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of GOOGL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of GOOGL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.31 | NEUTRAL | The RSI value for GOOGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests GOOGL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.87 | NEUTRAL | The Stochastics value for GOOGL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.38 | MEDIUM VOLATILITY | The ATR as a percentage value for GOOGL suggests some volalility. |
| Average Directional Index/ADX (14) | 25.1 | POSITIVE | The high ADX value value for GOOGL suggests a strong trend. |
GOOGL Chart- and CandleStick Pattern Analysis
GOOGL Technicals: Chart, Performance Metrics, Trend & Indicators
301
-6.13 (-2%)
ALPHABET INC-CL A / GOOGL TA FAQ
Can you provide the ChartMill technical rating for ALPHABET INC-CL A?
ChartMill assigns a technical rating of 4 / 10 to GOOGL.
What is the trend direction for GOOGL stock?
The current trend direction for ALPHABET INC-CL A (GOOGL) is Bullish.
What is the RSI signal for ALPHABET INC-CL A (GOOGL) stock?
ALPHABET INC-CL A (GOOGL) has an RSI value of 41.3099. This indicates that the stock is currently neutral.
What is the MACD signal for ALPHABET INC-CL A (GOOGL) stock?
The MACD indicator for ALPHABET INC-CL A (GOOGL) has a value of 0.581497, indicating a bearish trend.
What are the support and resistance levels for ALPHABET INC-CL A (GOOGL) stock?
ALPHABET INC-CL A (GOOGL) has a support level at 298.51 and a resistance level at 301.47. Check the full technical report for our detailed analysis of GOOGL support and resistance levels.