ALPHABET INC. CLASS A - 1H - Technical analysis published on 11/03/2020 (GMT)
- 226
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 1,632.98 USD
My targets
1,681.31 USD (+1.74%)
1,717.39 USD (+3.92%)
My analysis
ALPHABET INC. CLASS A is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 1,632.98 USD. The next resistance located at 1,681.31 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 1,717.39 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2
Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.
This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
ALPHABET INC. CLASS A rating 1,652.57 USD. On the day, this instrument gained +1.74% and was traded between 1,612.11 USD and 1,659.00 USD over the period. The price is currently at +2.51% from its lowest and -0.39% from its highest.1,612.11
1,659.00
1,652.57
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this ALPHABET INC. CLASS A chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
In fact, 13 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:
Near horizontal resistance
Type : Bearish
Timeframe : 1 hour
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 1,568.55 | 1,601.71 | 1,632.98 | 1,652.57 | 1,658.24 | 1,681.31 | 1,717.39 |
Change (%) | -5.08% | -3.08% | -1.19% | - | +0.34% | +1.74% | +3.92% |
Change | -84.02 | -50.86 | -19.59 | - | +5.67 | +28.74 | +64.82 |
Level | Minor | Major | Intermediate | - | Minor | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,562.29 | 1,588.27 | 1,606.29 | 1,632.27 | 1,650.29 | 1,676.27 | 1,694.29 |
Camarilla | 1,612.22 | 1,616.25 | 1,620.29 | 1,624.32 | 1,628.35 | 1,632.39 | 1,636.42 |
Woodie | 1,558.32 | 1,586.28 | 1,602.32 | 1,630.28 | 1,646.32 | 1,674.28 | 1,690.32 |
Fibonacci | 1,588.27 | 1,605.08 | 1,615.46 | 1,632.27 | 1,649.08 | 1,659.46 | 1,676.27 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,349.79 | 1,429.14 | 1,522.62 | 1,601.97 | 1,695.45 | 1,774.80 | 1,868.28 |
Camarilla | 1,568.58 | 1,584.43 | 1,600.27 | 1,616.11 | 1,631.95 | 1,647.80 | 1,663.64 |
Woodie | 1,356.87 | 1,432.67 | 1,529.70 | 1,605.50 | 1,702.53 | 1,778.33 | 1,875.36 |
Fibonacci | 1,429.14 | 1,495.16 | 1,535.95 | 1,601.97 | 1,667.99 | 1,708.78 | 1,774.80 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,224.38 | 1,328.80 | 1,472.46 | 1,576.88 | 1,720.54 | 1,824.96 | 1,968.62 |
Camarilla | 1,547.89 | 1,570.63 | 1,593.37 | 1,616.11 | 1,638.85 | 1,661.59 | 1,684.33 |
Woodie | 1,243.99 | 1,338.61 | 1,492.07 | 1,586.69 | 1,740.15 | 1,834.77 | 1,988.23 |
Fibonacci | 1,328.80 | 1,423.57 | 1,482.12 | 1,576.88 | 1,671.65 | 1,730.20 | 1,824.96 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
RSI (14): | 61.55 | |
MACD (12,26,9): | 17.2200 | |
Directional Movement: | 14.81 | |
AROON (14): | 71.43 | |
DEMA (21): | 1,645.35 | |
Parabolic SAR (0,02-0,02-0,2): | 1,666.30 | |
Elder Ray (13): | 17.73 | |
Super Trend (3,10): | 1,588.88 | |
Zig ZAG (10): | 1,654.72 | |
VORTEX (21): | 1.0100 | |
Stochastique (14,3,5): | 87.14 | |
TEMA (21): | 1,655.03 | |
Williams %R (14): | -7.05 | |
Chande Momentum Oscillator (20): | 42.38 | |
Repulse (5,40,3): | 1.1400 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.1500 | |
Courbe Coppock: | 4.02 |
MA7: | 1,592.37 | |
MA20: | 1,566.08 | |
MA50: | 1,541.76 | |
MA100: | 1,518.68 | |
MAexp7: | 1,641.67 | |
MAexp20: | 1,623.19 | |
MAexp50: | 1,601.34 | |
MAexp100: | 1,580.82 | |
Price / MA7: | +3.78% | |
Price / MA20: | +5.52% | |
Price / MA50: | +7.19% | |
Price / MA100: | +8.82% | |
Price / MAexp7: | +0.66% | |
Price / MAexp20: | +1.81% | |
Price / MAexp50: | +3.20% | |
Price / MAexp100: | +4.54% |
Quotes :
2020-11-03 17:57:41
-
15 min delayed data
-
NASDAQ Stocks
News
The last news published on ALPHABET INC. CLASS A at the time of the generation of this analysis was as follows:
- Alphabet Analysis by FX Empire
- Stitch Fix Adds Neal Mohan, Chief Product Officer, YouTube and SVP, Google, to Board of Directors
- OLB Group Expands Support for Apple Pay and Google Pay
- Sabre and Google Develop Industry-First AI Technology for Travel
- Avast Reports Continuation of Adware Wave on Google Play
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
Add a comment
Comments
0 comments on the analysis ALPHABET INC. CLASS A - 1H