ALPHABET INC. CLASS A - 1H - Technical analysis published on 12/02/2020 (GMT)
- 238
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
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
83%
0%
17%
My opinion
Bullish above 1,795.67 USD
My targets
1,851.57 USD (+2.01%)
1,906.12 USD (+5.02%)
My analysis
The bullish trend is currently very strong on ALPHABET INC. CLASS A. As long as the price remains above the support at 1,795.67 USD, you could try to benefit from the boom. The first bullish objective is located at 1,851.57 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1,906.12 USD as an objective. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
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
8.8
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 1,815.02 USD. The price registered an increase of +1.10% on the session and was traded between 1,785.17 USD and 1,816.79 USD over the period. The price is currently at +1.67% from its lowest and -0.10% from its highest.1,785.17
1,816.79
1,815.02
A study of price movements over other periods shows the following variations:
New HIGH record (5 years)
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
Technical analysis of ALPHABET INC. CLASS A in 1H shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further increase is high given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : 1 hour
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
Price
S3 | S2 | S1 | Price | |
---|---|---|---|---|
ProTrendLines | 1,681.31 | 1,717.39 | 1,795.67 | 1,815.02 |
Change (%) | -7.37% | -5.38% | -1.07% | - |
Change | -133.71 | -97.63 | -19.35 | - |
Level | Minor | Major | Intermediate | - |
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 | 1,706.33 | 1,734.68 | 1,765.02 | 1,793.37 | 1,823.71 | 1,852.06 | 1,882.40 |
Camarilla | 1,779.22 | 1,784.60 | 1,789.98 | 1,795.36 | 1,800.74 | 1,806.12 | 1,811.50 |
Woodie | 1,707.33 | 1,735.18 | 1,766.02 | 1,793.87 | 1,824.71 | 1,852.56 | 1,883.40 |
Fibonacci | 1,734.68 | 1,757.10 | 1,770.95 | 1,793.37 | 1,815.79 | 1,829.64 | 1,852.06 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,645.63 | 1,677.91 | 1,732.46 | 1,764.74 | 1,819.29 | 1,851.57 | 1,906.12 |
Camarilla | 1,763.14 | 1,771.10 | 1,779.06 | 1,787.02 | 1,794.98 | 1,802.94 | 1,810.90 |
Woodie | 1,656.78 | 1,683.48 | 1,743.61 | 1,770.31 | 1,830.44 | 1,857.14 | 1,917.27 |
Fibonacci | 1,677.91 | 1,711.08 | 1,731.57 | 1,764.74 | 1,797.91 | 1,818.40 | 1,851.57 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1,433.93 | 1,523.02 | 1,638.71 | 1,727.80 | 1,843.49 | 1,932.58 | 2,048.27 |
Camarilla | 1,698.09 | 1,716.86 | 1,735.63 | 1,754.40 | 1,773.17 | 1,791.94 | 1,810.71 |
Woodie | 1,447.23 | 1,529.67 | 1,652.01 | 1,734.45 | 1,856.79 | 1,939.23 | 2,061.57 |
Fibonacci | 1,523.02 | 1,601.25 | 1,649.57 | 1,727.80 | 1,806.03 | 1,854.35 | 1,932.58 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 68.07 | |
MACD (12,26,9): | 12.3800 | |
Directional Movement: | 14.97 | |
AROON (14): | 28.57 | |
DEMA (21): | 1,801.02 | |
Parabolic SAR (0,02-0,02-0,2): | 1,772.82 | |
Elder Ray (13): | 18.87 | |
Super Trend (3,10): | 1,770.30 | |
Zig ZAG (10): | 1,813.57 | |
VORTEX (21): | 1.1400 | |
Stochastique (14,3,5): | 78.19 | |
TEMA (21): | 1,808.28 | |
Williams %R (14): | -9.07 | |
Chande Momentum Oscillator (20): | 60.91 | |
Repulse (5,40,3): | 1.1500 | |
ROCnROLL: | 1 | |
TRIX (15,9): | 0.0800 | |
Courbe Coppock: | 4.18 |
MA7: | 1,772.08 | |
MA20: | 1,760.48 | |
MA50: | 1,621.24 | |
MA100: | 1,579.49 | |
MAexp7: | 1,800.61 | |
MAexp20: | 1,786.27 | |
MAexp50: | 1,771.19 | |
MAexp100: | 1,753.18 | |
Price / MA7: | +2.42% | |
Price / MA20: | +3.10% | |
Price / MA50: | +11.95% | |
Price / MA100: | +14.91% | |
Price / MAexp7: | +0.80% | |
Price / MAexp20: | +1.61% | |
Price / MAexp50: | +2.47% | |
Price / MAexp100: | +3.53% |
Quotes :
2020-12-02 16:22:07
-
15 min delayed data
-
NASDAQ Stocks
News
The latest news and videos published on ALPHABET INC. CLASS A at the time of the analysis were as follows:
- Citi Unveils Sneak Preview of The Citi Plex Account by Google Pay
- Socket Mobile's SocketScan S550 Contactless Reader Achieves Google Wallet Certification
- ROSEN, A LEADING LAW FIRM, Announces Investigation of Securities Claims Against Alphabet Inc.; Encourages Investors with Losses in Excess of $100K to Contact the Firm - GOOG, GOOGL
- EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against Alphabet Inc. – GOOG, GOOGL
- Ragnarok X: Next Generation ranked No.1 on Google Play in Taiwan and Hong Kong followed by Apple App Store
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