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 05/17/2022 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
39%
17%
44%
My opinion
Bearish under 2,445.22 USD
My targets
2,200.25 USD (-5.11%)
2,066.53 USD (-10.87%)
My analysis
The bearish trend is currently very strong for ALPHABET INC. CLASS A. As long as the price remains below the resistance at 2,445.22 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 2,200.25 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 2,066.53 USD as an objective. Crossing it would then enable sellers to target 1,718.80 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
5.4

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 jarias81197. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The ALPHABET INC. CLASS A price is 2,318.63 USD. The price registered an increase of +1.30% on the session and was between 2,298.53 USD and 2,338.00 USD. This implies that the price is at +0.87% from its lowest and at -0.83% from its highest.

2,298.53
2,338.00
2,318.63

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly


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. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish 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, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,290.85 1,718.80 2,200.25 2,318.63 2,445.22 2,538.24 2,673.19
Change (%) -44.33% -25.87% -5.11% - +5.46% +9.47% +15.29%
Change -1,027.78 -599.83 -118.38 - +126.59 +219.61 +354.56
Level Intermediate Minor Major - Intermediate Intermediate Intermediate



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,224.382,251.092,269.992,296.702,315.602,342.312,361.21
Camarilla2,276.362,280.542,284.722,288.902,293.082,297.262,301.44
Woodie2,220.492,249.142,266.102,294.752,311.712,340.362,357.32
Fibonacci2,251.092,268.512,279.272,296.702,314.122,324.882,342.31


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,064.822,130.662,225.832,291.672,386.842,452.682,547.85
Camarilla2,276.732,291.492,306.252,321.012,335.772,350.532,365.29
Woodie2,079.502,137.992,240.512,299.002,401.522,460.012,562.53
Fibonacci2,130.662,192.162,230.162,291.672,353.172,391.172,452.68


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,447.021,850.882,066.532,470.392,686.043,089.903,305.55
Camarilla2,111.832,168.612,225.402,282.192,338.982,395.772,452.56
Woodie1,352.931,803.831,972.442,423.342,591.953,042.853,211.46
Fibonacci1,850.882,087.532,233.732,470.392,707.042,853.243,089.90

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): 43.52
MACD (12,26,9): -79.6800
Directional Movement: -3.91
AROON (14): -42.86
DEMA (21): 2,257.72
Parabolic SAR (0,02-0,02-0,2): 2,415.76
Elder Ray (13): -9.44
Super Trend (3,10): 2,503.47
Zig ZAG (10): 2,320.44
VORTEX (21): 0.8400
Stochastique (14,3,5): 43.48
TEMA (21): 2,242.42
Williams %R (14): -52.76
Chande Momentum Oscillator (20): 41.17
Repulse (5,40,3): -0.1000
ROCnROLL: -1
TRIX (15,9): -0.5300
Courbe Coppock: 8.57
MA7: 2,285.32
MA20: 2,349.61
MA50: 2,557.38
MA100: 2,650.05
MAexp7: 2,303.78
MAexp20: 2,368.66
MAexp50: 2,500.99
MAexp100: 2,599.38
Price / MA7: +1.46%
Price / MA20: -1.32%
Price / MA50: -9.34%
Price / MA100: -12.51%
Price / MAexp7: +0.64%
Price / MAexp20: -2.11%
Price / MAexp50: -7.29%
Price / MAexp100: -10.80%

Quotes : - 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:

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

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