ALPHABET INC. CLASS A
ALPHABET INC. CLASS A
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
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High: -
High / Low range: -
Type: Stocks
Ticker: GOOGL
ISIN:

ALPHABET INC. CLASS A - Daily - Technical analysis published on 04/06/2022 (GMT)

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  • Timeframe : Daily
  • - 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
Short term: Neutral
Underlying: Bearish
Technical indicators
39%
28%
33%
My opinion
Bearish under 2,848.95 USD
My targets
2,673.19 USD (-2.07%)
2,538.70 USD (-7.00%)
My analysis
Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 2,848.95 USD remains possible. It is advisable to trade ALPHABET INC. CLASS A with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 2,848.95 USD. The next bearish objective for sellers is set at 2,673.19 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,538.70 USD. In case of crossing, the next objective would be the support located at 2,392.76 USD. PS: if there is a bullish break in the resistance located at 2,848.95 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
2.1

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:
15 min. 1H Weekly

Additional analysis

Quotes

ALPHABET INC. CLASS A rating 2,729.78 USD. The price registered a decrease of -2.92% on the session and was between 2,724.27 USD and 2,787.21 USD. This implies that the price is at +0.20% from its lowest and at -2.06% from its highest.

2,724.27
2,787.21
2,729.78

The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ALPHABET INC. CLASS A chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: as the signals currently given by short-term moving averages are rather neutral, the bearish trend could slow down. The Central Indicators market scanner is currently detecting several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 50

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily


Williams %R indicator is back under -50

Type : Bearish

Timeframe : Daily



The analysis of the price chart with Central Patterns scanners does not return any result.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,392.76 2,538.70 2,673.19 2,729.78 2,750.88 2,848.95 2,904.31
Change (%) -12.35% -7.00% -2.07% - +0.77% +4.37% +6.39%
Change -337.02 -191.08 -56.59 - +21.10 +119.17 +174.53
Level Minor Major Major - Major Major Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,740.882,774.272,793.042,826.432,845.202,878.592,897.36
Camarilla2,797.482,802.262,807.042,811.822,816.602,821.382,826.16
Woodie2,733.582,770.622,785.742,822.782,837.902,874.942,890.06
Fibonacci2,774.272,794.192,806.502,826.432,846.352,858.662,878.59


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,644.432,705.292,754.152,815.012,863.872,924.732,973.59
Camarilla2,772.842,782.902,792.952,803.012,813.072,823.132,833.18
Woodie2,638.432,702.292,748.152,812.012,857.872,921.732,967.59
Fibonacci2,705.292,747.202,773.102,815.012,856.922,882.822,924.73


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,195.572,350.542,565.942,720.912,936.313,091.283,306.68
Camarilla2,679.502,713.452,747.402,781.352,815.302,849.252,883.20
Woodie2,225.802,365.652,596.172,736.022,966.543,106.393,336.91
Fibonacci2,350.542,492.022,579.432,720.912,862.392,949.803,091.28

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): 48.22
MACD (12,26,9): 33.3500
Directional Movement: -0.76
AROON (14): 57.14
DEMA (21): 2,803.14
Parabolic SAR (0,02-0,02-0,2): 2,875.87
Elder Ray (13): -25.36
Super Trend (3,10): 2,651.45
Zig ZAG (10): 2,725.00
VORTEX (21): 1.1000
Stochastique (14,3,5): 67.12
TEMA (21): 2,833.09
Williams %R (14): -65.06
Chande Momentum Oscillator (20): 3.74
Repulse (5,40,3): -3.0500
ROCnROLL: 2
TRIX (15,9): 0.1800
Courbe Coppock: 11.91
MA7: 2,810.39
MA20: 2,743.35
MA50: 2,715.65
MA100: 2,786.89
MAexp7: 2,793.74
MAexp20: 2,762.54
MAexp50: 2,742.04
MAexp100: 2,747.49
Price / MA7: -2.87%
Price / MA20: -0.49%
Price / MA50: +0.52%
Price / MA100: -2.05%
Price / MAexp7: -2.29%
Price / MAexp20: -1.19%
Price / MAexp50: -0.45%
Price / MAexp100: -0.64%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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