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

ALPHABET INC. CLASS A - Daily - Technical analysis published on 04/11/2022 (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: Bearish
Underlying: Strongly bearish
Technical indicators
6%
56%
39%
My opinion
Bearish under 2,673.19 USD
My targets
2,538.70 USD (-2.26%)
2,491.56 USD (-4.08%)
My analysis
The bearish basic trend is very strong on ALPHABET INC. CLASS A but the short term shows some signs of running out of steam. However, a sale could be considered as long as the price remains below 2,673.19 USD. Crossing the first support at 2,538.70 USD would be a sign of a further potential price plummet. Sellers would then use the next support located at 2,491.56 USD as an objective. Crossing it would then enable sellers to target 2,446.26 USD. Caution, a return to above the resistance located at 2,673.19 USD would be a sign of a possible consolidation phase of the short-term basic trend. 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.

In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
6.3

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

The ALPHABET INC. CLASS A rating is 2,597.50 USD. The price registered a decrease of -2.56% on the session and was between 2,591.24 USD and 2,641.85 USD. This implies that the price is at +0.24% from its lowest and at -1.68% from its highest.

2,591.24
2,641.85
2,597.50

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



Here is a more detailed summary of the historical variations registered by ALPHABET INC. CLASS A:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


A technical analysis in Daily of this ALPHABET INC. CLASS A chart shows a sharp bearish trend. 82.14% of the signals given by moving averages are bearish. The slightly bearish signals from short-term moving averages show that the overall trend is slowing down. There is no crossing of moving average by the price or crossing of moving averages between themselves.

The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


SuperTrend indicator bearish reversal

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Downside gap

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 2,446.26 2,491.56 2,538.70 2,597.50 2,673.19 2,750.88 2,848.95
Change (%) -5.82% -4.08% -2.26% - +2.91% +5.90% +9.68%
Change -151.24 -105.94 -58.80 - +75.69 +153.38 +251.45
Level Minor Intermediate Intermediate - Major 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
Standard2,591.482,625.402,645.572,679.492,699.662,733.582,753.75
Camarilla2,650.882,655.832,660.792,665.752,670.712,675.672,680.63
Woodie2,584.622,621.962,638.712,676.052,692.802,730.142,746.89
Fibonacci2,625.402,646.062,658.822,679.492,700.152,712.912,733.58


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,377.032,518.172,591.962,733.102,806.892,948.033,021.82
Camarilla2,606.642,626.352,646.052,665.752,685.452,705.152,724.86
Woodie2,343.362,501.332,558.292,716.262,773.222,931.192,988.15
Fibonacci2,518.172,600.272,651.002,733.102,815.202,865.932,948.03


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 the technical indicators and moving averages at the time of publication of this technical analysis:

Technical indicators
Moving averages

RSI (14): 38.62
MACD (12,26,9): 1.4900
Directional Movement: -13.87
AROON (14): -64.29
DEMA (21): 2,746.17
Parabolic SAR (0,02-0,02-0,2): 2,852.70
Elder Ray (13): -119.19
Super Trend (3,10): 2,812.89
Zig ZAG (10): 2,604.50
VORTEX (21): 1.0000
Stochastique (14,3,5): 9.05
TEMA (21): 2,742.26
Williams %R (14): -94.74
Chande Momentum Oscillator (20): -225.22
Repulse (5,40,3): -3.4600
ROCnROLL: 2
TRIX (15,9): 0.1400
Courbe Coppock: 0.82
MA7: 2,741.98
MA20: 2,754.52
MA50: 2,718.78
MA100: 2,777.77
MAexp7: 2,712.19
MAexp20: 2,735.64
MAexp50: 2,732.88
MAexp100: 2,742.32
Price / MA7: -5.27%
Price / MA20: -5.70%
Price / MA50: -4.46%
Price / MA100: -6.49%
Price / MAexp7: -4.23%
Price / MAexp20: -5.05%
Price / MAexp50: -4.95%
Price / MAexp100: -5.28%

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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