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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 05/31/2022 (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
61%
11%
28%
My opinion
Bearish under 2,470.39 USD
My targets
2,200.25 USD (-4.34%)
2,066.53 USD (-10.16%)
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 2,470.39 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 2,470.39 USD. The next bearish objective for sellers is set at 2,200.25 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,066.53 USD. In case of crossing, the next objective would be the support located at 1,718.80 USD. PS: if there is a bullish break in the resistance located at 2,470.39 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.

Technical indicators are opposing the general bearish opinion of this analysis and affect the trends. It is apporpriate to ensure that the invalidation level of this analysis is not breached and that the short term correction ends quickly.
Force
0
10
1.6

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.

Vincent Launay
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 2,300.17 USD. The price registered an increase of +2.40% on the session with the lowest point at 2,241.57 USD and the highest point at 2,307.07 USD. The deviation from the price is +2.61% for the low point and -0.30% for the high point.

2,241.57
2,307.07
2,300.17

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by ALPHABET INC. CLASS A:

Technical


Technical analysis of ALPHABET INC. CLASS A in Daily shows an overall bearish trend. 75.00% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Momentum indicator is back over 0

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near resistance of channel

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1,290.85 1,718.80 2,200.25 2,300.17 2,329.46 2,538.24 2,673.19
Change (%) -43.88% -25.28% -4.34% - +1.27% +10.35% +16.22%
Change -1,009.32 -581.37 -99.92 - +29.29 +238.07 +373.02
Level Intermediate Minor Intermediate - Intermediate Minor 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
Standard2,140.342,161.552,203.942,225.152,267.542,288.752,331.14
Camarilla2,228.842,234.672,240.502,246.332,252.162,257.992,263.82
Woodie2,150.932,166.852,214.532,230.452,278.132,294.052,341.73
Fibonacci2,161.552,185.852,200.862,225.152,249.452,264.462,288.75


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,898.561,968.122,107.232,176.792,315.902,385.462,524.57
Camarilla2,188.952,208.072,227.202,246.332,265.462,284.592,303.71
Woodie1,933.331,985.512,142.002,194.182,350.672,402.852,559.34
Fibonacci1,968.122,047.842,097.082,176.792,256.512,305.752,385.46


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): 49.65
MACD (12,26,9): -69.6800
Directional Movement: -5.86
AROON (14): -50.00
DEMA (21): 2,169.66
Parabolic SAR (0,02-0,02-0,2): 2,037.69
Elder Ray (13): 35.92
Super Trend (3,10): 2,366.32
Zig ZAG (10): 2,303.57
VORTEX (21): 0.9100
Stochastique (14,3,5): 61.94
TEMA (21): 2,175.86
Williams %R (14): -16.73
Chande Momentum Oscillator (20): 47.11
Repulse (5,40,3): 7.3800
ROCnROLL: -1
TRIX (15,9): -0.5200
Courbe Coppock: 8.85
MA7: 2,192.94
MA20: 2,261.80
MA50: 2,480.93
MA100: 2,586.81
MAexp7: 2,223.65
MAexp20: 2,270.61
MAexp50: 2,410.34
MAexp100: 2,534.27
Price / MA7: +4.89%
Price / MA20: +1.70%
Price / MA50: -7.29%
Price / MA100: -11.08%
Price / MAexp7: +3.44%
Price / MAexp20: +1.30%
Price / MAexp50: -4.57%
Price / MAexp100: -9.24%

Quotes : - 15 min delayed data - NASDAQ Stocks

News


Don't forget to follow the news on ALPHABET INC. CLASS A. At the time of publication of this analysis, the latest news was as follows:

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

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