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 09/13/2022 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Strongly bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 112.82 USD

My targets

98.19 USD (-6.67%)

85.94 USD (-18.31%)

My analysis

The bearish trend is currently very strong for ALPHABET INC. CLASS A. As long as the price remains below the resistance at 112.82 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 98.19 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 85.94 USD as an objective. Crossing it would then enable sellers to target 64.54 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, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

Comment on the analysis

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 rbrittonbrownjr. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

ALPHABET INC. CLASS A rating 105.20 USD. On the day, this instrument lost -5.11% and was traded between 105.02 USD and 108.30 USD over the period. The price is currently at +0.17% from its lowest and -2.86% from its highest.

105.02

108.30

105.20

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

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new LOW record (1 year)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

New LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Technical

Technical analysis of this Daily chart of ALPHABET INC. CLASS A indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA50 & MA100

Type : Bullish

Timeframe : Daily

The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily

Parabolic SAR indicator bearish reversal

Type : Bearish

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

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

Near horizontal support

Type : Bullish

Timeframe : Daily

Support of channel is broken

Type : Bearish

Timeframe : Daily

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Black evening star

Type : Bearish

Timeframe : Daily

Downside gap

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	52.62	64.54	85.94	105.20	105.25	119.41	126.86
Change (%)	-49.98%	-38.65%	-18.31%	-	+0.05%	+13.51%	+20.59%
Change	-52.58	-40.66	-19.26	-	+0.05	+14.21	+21.66
Level	Major	Intermediate	Minor	-	Major	Intermediate	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	108.30	109.11	109.99	110.80	111.68	112.49	113.37
Camarilla	110.40	110.55	110.71	110.86	111.02	111.17	111.33
Woodie	108.33	109.13	110.02	110.82	111.71	112.51	113.40
Fibonacci	109.11	109.76	110.16	110.80	111.45	111.85	112.49

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.08	103.93	107.29	109.14	112.50	114.35	117.71
Camarilla	109.22	109.70	110.17	110.65	111.13	111.61	112.08
Woodie	102.84	104.31	108.05	109.52	113.26	114.73	118.47
Fibonacci	103.93	105.92	107.15	109.14	111.13	112.36	114.35

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	88.57	98.19	103.20	112.82	117.83	127.45	132.46
Camarilla	104.20	105.54	106.88	108.22	109.56	110.90	112.24
Woodie	86.28	97.04	100.91	111.67	115.54	126.30	130.17
Fibonacci	98.19	103.78	107.23	112.82	118.41	121.86	127.45

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	36.86
MACD (12,26,9):	-2.0400
Directional Movement:	-13.67
AROON (14):	-85.71
DEMA (21):	108.69
Parabolic SAR (0,02-0,02-0,2):	111.62
Elder Ray (13):	-3.23
Super Trend (3,10):	115.78
Zig ZAG (10):	105.16
VORTEX (21):	0.7100
Stochastique (14,3,5):	30.60
TEMA (21):	107.01
Williams %R (14):	-99.23
Chande Momentum Oscillator (20):	-11.55
Repulse (5,40,3):	-2.7400
ROCnROLL:	2
TRIX (15,9):	-0.2000
Courbe Coppock:	13.59

MA7:	108.44
MA20:	112.14
MA50:	113.74
MA100:	113.67
MAexp7:	108.65
MAexp20:	111.06
MAexp50:	113.18
MAexp100:	116.47
Price / MA7:	-2.99%
Price / MA20:	-6.19%
Price / MA50:	-7.51%
Price / MA100:	-7.45%
Price / MAexp7:	-3.17%
Price / MAexp20:	-5.27%
Price / MAexp50:	-7.04%
Price / MAexp100:	-9.67%

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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