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 - Weekly - Technical analysis published on 06/30/2022 (GMT)

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  • Timeframe : Weekly
  • - 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: Strongly bearish
Underlying: Bearish
Technical indicators
17%
50%
33%
My opinion
Bearish under 2,475.66 USD
My targets
2,116.94 USD (-3.74%)
1,718.80 USD (-21.84%)
My analysis
ALPHABET INC. CLASS A is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 2,475.66 USD. The next support located at 2,116.94 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 1,718.80 USD. Below this support, sellers could then target 1,290.85 USD.

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
4.6

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.

This analysis was given by ErnestMoney. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Daily

Additional analysis

Quotes

The ALPHABET INC. CLASS A rating is 2,199.15 USD. Over 5 days, this instrument lost -2.04% and has been traded over the last 5 days between 2,236.96 USD and 2,371.59 USD. This implies that the 5 day price is -1.69% from its lowest point and -7.27% from its highest point.

2,236.96
2,371.59
2,199.15

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

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

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


Technical analysis of ALPHABET INC. CLASS A in Weekly shows an overall bearish trend. 67.86% of the signals given by moving averages are bearish. This bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : Weekly



The probability of a further decline is low given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Weekly


Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Weekly


Near support of channel

Type : Bullish

Timeframe : Weekly



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

Dark cloud cover

Type : Bearish

Timeframe : Weekly




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1,290.85 1,718.80 2,116.94 2,199.15 2,673.19 2,996.77
Change (%) -41.30% -21.84% -3.74% - +21.56% +36.27%
Change -908.30 -480.35 -82.21 - +474.04 +797.62
Level Intermediate Minor Major - Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,167.492,192.472,213.252,238.232,259.012,283.992,304.77
Camarilla2,221.452,225.642,229.842,234.032,238.232,242.422,246.61
Woodie2,165.392,191.422,211.152,237.182,256.912,282.942,302.67
Fibonacci2,192.472,209.952,220.752,238.232,255.712,266.512,283.99


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,044.232,108.112,233.812,297.692,423.392,487.272,612.97
Camarilla2,307.372,324.742,342.122,359.502,376.882,394.262,411.64
Woodie2,075.132,123.572,264.712,313.152,454.292,502.732,643.87
Fibonacci2,108.112,180.532,225.272,297.692,370.112,414.852,487.27


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,636.861,837.272,056.262,256.672,475.662,676.072,895.06
Camarilla2,159.912,198.352,236.802,275.242,313.692,352.132,390.58
Woodie1,646.141,841.922,065.542,261.322,484.942,680.722,904.34
Fibonacci1,837.271,997.482,096.462,256.672,416.882,515.862,676.07

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): 39.58
MACD (12,26,9): -131.8500
Directional Movement: -12.03
AROON (14): -57.15
DEMA (21): 2,250.47
Parabolic SAR (0,02-0,02-0,2): 2,037.69
Elder Ray (13): -82.02
Super Trend (3,10): 2,690.36
Zig ZAG (10): 2,192.66
VORTEX (21): 0.8600
Stochastique (14,3,5): 23.21
TEMA (21): 2,140.84
Williams %R (14): -81.36
Chande Momentum Oscillator (20): -471.59
Repulse (5,40,3): -4.4300
ROCnROLL: 2
TRIX (15,9): -0.6400
Courbe Coppock: 32.97
MA7: 2,260.09
MA20: 2,247.92
MA50: 2,280.01
MA100: 2,486.06
MAexp7: 2,263.59
MAexp20: 2,410.93
MAexp50: 2,485.01
MAexp100: 2,299.37
Price / MA7: -2.70%
Price / MA20: -2.17%
Price / MA50: -3.55%
Price / MA100: -11.54%
Price / MAexp7: -2.85%
Price / MAexp20: -8.78%
Price / MAexp50: -11.50%
Price / MAexp100: -4.36%

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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