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 09/13/2019 (GMT)

  • Who voted?
  • 284
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • 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
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 1,212.19 USD
My targets
1,245.22 USD (+0.91%)
1,294.06 USD (+4.87%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on ALPHABET INC. CLASS A as long as the price remains well above 1,212.19 USD. The buyers” bullish objective is set at 1,245.22 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1,294.06 USD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
7.9

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

Additional analysis

Quotes

ALPHABET INC. CLASS A rating 1,234.02 USD. The price registered a decrease of -0.08% on the session and was between 1,227.08 USD and 1,238.94 USD. This implies that the price is at +0.57% from its lowest and at -0.40% from its highest.

1,227.08
1,238.94
1,234.02

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

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

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of ALPHABET INC. CLASS A indicates that the overall trend is strongly bullish. 82.14% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Moving Average bullish crossovers : AMA50 & AMA100

Type : Bullish

Timeframe : Daily



An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Daily



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near resistance of triangle

Type : Bearish

Timeframe : Daily


Resistance of channel is broken

Type : Bullish

Timeframe : Daily



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

Central Candlesticks

Upside gap

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 1,153.28 1,187.56 1,212.19 1,234.02 1,245.22 1,294.06
Change (%) -6.54% -3.76% -1.77% - +0.91% +4.87%
Change -80.74 -46.46 -21.83 - +11.20 +60.04
Level Major Major Minor - Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,204.351,213.461,224.211,233.321,244.071,253.181,263.93
Camarilla1,229.511,231.331,233.151,234.971,236.791,238.611,240.43
Woodie1,205.181,213.871,225.041,233.731,244.901,253.591,264.76
Fibonacci1,213.461,221.041,225.731,233.321,240.901,245.591,253.18


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,125.061,144.391,175.351,194.681,225.641,244.971,275.93
Camarilla1,192.491,197.101,201.711,206.321,210.931,215.541,220.15
Woodie1,130.891,147.301,181.181,197.591,231.471,247.881,281.76
Fibonacci1,144.391,163.601,175.471,194.681,213.891,225.761,244.97


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1,049.871,096.311,143.421,189.861,236.971,283.411,330.52
Camarilla1,164.801,173.381,181.961,190.531,199.111,207.681,216.26
Woodie1,050.211,096.481,143.761,190.031,237.311,283.581,330.86
Fibonacci1,096.311,132.051,154.121,189.861,225.601,247.671,283.41

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): 62.22
MACD (12,26,9): 13.5700
Directional Movement: 12.73
AROON (14): 92.86
DEMA (21): 1,215.43
Parabolic SAR (0,02-0,02-0,2): 1,151.85
Elder Ray (13): 26.57
Super Trend (3,10): 1,239.84
Zig ZAG (10): 1,233.58
VORTEX (21): 1.0300
Stochastique (14,3,5): 92.72
TEMA (21): 1,220.30
Williams %R (14): -10.33
Chande Momentum Oscillator (20): 62.47
Repulse (5,40,3): 1.7300
ROCnROLL: 1
TRIX (15,9): 0.1000
Courbe Coppock: 6.31
MA7: 1,216.74
MA20: 1,193.48
MA50: 1,178.18
MA100: 1,156.25
MAexp7: 1,216.81
MAexp20: 1,199.04
MAexp50: 1,179.79
MAexp100: 1,165.76
Price / MA7: +1.42%
Price / MA20: +3.40%
Price / MA50: +4.74%
Price / MA100: +6.73%
Price / MAexp7: +1.41%
Price / MAexp20: +2.92%
Price / MAexp50: +4.60%
Price / MAexp100: +5.86%

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

About author

Online

Overall rating :
15096
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis ALPHABET INC. CLASS A - Daily