ALPHABET INC. CLASS C - Daily - Technical analysis published on 06/17/2019 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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 bearish
De fond:
Bearish
Technical indicators
50%
6%
44%
My opinion
Bearish under 1,105.25 USD
My targets
1,061.16 USD (-3.24%)
1,036.60 USD (-5.48%)
My analysis
In the short term, we can see an acceleration in the bearish trend on ALPHABET INC. CLASS C, which is a positive signal for sellers. As long as the price remains above 1,105.25 USD, a sale could be considered. The first bearish objective is located at 1,061.16 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 1,036.60 USD as an objective. Crossing it would then enable sellers to target 978.94 USD. If the price were to return above 1,105.25 USD, it would probably only trigger a small rebound in the short term to give a better base for restarting. Trading this rebound may be risky.
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This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The ALPHABET INC. CLASS C rating is 1,096.73 USD. The price registered an increase of +1.05% on the session and was between 1,086.28 USD and 1,098.07 USD. This implies that the price is at +0.96% from its lowest and at -0.12% from its highest.1,086.28
1,098.07
1,096.73
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by ALPHABET INC. CLASS C:
Technical
A technical analysis in Daily of this ALPHABET INC. CLASS C chart shows a bearish trend. 78.57% 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. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 100
Type : Bullish
Timeframe : Daily
In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 978.94 | 1,036.60 | 1,061.16 | 1,096.73 | 1,105.25 | 1,173.57 | 1,231.54 |
| Change (%) | -10.74% | -5.48% | -3.24% | - | +0.78% | +7.01% | +12.29% |
| Change | -117.79 | -60.13 | -35.57 | - | +8.52 | +76.84 | +134.81 |
| Level | Major | Major | Intermediate | - | Major | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,066.93 | 1,073.55 | 1,079.45 | 1,086.07 | 1,091.97 | 1,098.59 | 1,104.49 |
| Camarilla | 1,081.91 | 1,083.05 | 1,084.20 | 1,085.35 | 1,086.50 | 1,087.65 | 1,088.79 |
| Woodie | 1,066.57 | 1,073.37 | 1,079.09 | 1,085.89 | 1,091.61 | 1,098.41 | 1,104.13 |
| Fibonacci | 1,073.55 | 1,078.33 | 1,081.29 | 1,086.07 | 1,090.85 | 1,093.81 | 1,098.59 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1,033.48 | 1,050.51 | 1,067.93 | 1,084.96 | 1,102.38 | 1,119.41 | 1,136.83 |
| Camarilla | 1,075.88 | 1,079.03 | 1,082.19 | 1,085.35 | 1,088.51 | 1,091.67 | 1,094.82 |
| Woodie | 1,033.68 | 1,050.61 | 1,068.12 | 1,085.06 | 1,102.57 | 1,119.51 | 1,137.03 |
| Fibonacci | 1,050.51 | 1,063.67 | 1,071.80 | 1,084.96 | 1,098.12 | 1,106.25 | 1,119.41 |
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): | 46.07 | |
| MACD (12,26,9): | -21.9900 | |
| Directional Movement: | -5.04 | |
| AROON (14): | -28.57 | |
| DEMA (21): | 1,067.48 | |
| Parabolic SAR (0,02-0,02-0,2): | 1,044.68 | |
| Elder Ray (13): | 4.265 | |
| Super Trend (3,10): | 1,116.79 | |
| Zig ZAG (10): | 1,096.06 | |
| VORTEX (21): | 0.8800 | |
| Stochastique (14,3,5): | 55.58 | |
| TEMA (21): | 1,063.72 | |
| Williams %R (14): | -30.84 | |
| Chande Momentum Oscillator (20): | -20.65 | |
| Repulse (5,40,3): | 1.1900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.3600 | |
| Courbe Coppock: | 9.73 |
| MA7: | 1,081.40 | |
| MA20: | 1,096.79 | |
| MA50: | 1,160.00 | |
| MA100: | 1,152.51 | |
| MAexp7: | 1,083.37 | |
| MAexp20: | 1,098.93 | |
| MAexp50: | 1,131.76 | |
| MAexp100: | 1,138.91 | |
| Price / MA7: | +1.42% | |
| Price / MA20: | -0.01% | |
| Price / MA50: | -5.45% | |
| Price / MA100: | -4.84% | |
| Price / MAexp7: | +1.23% | |
| Price / MAexp20: | -0.20% | |
| Price / MAexp50: | -3.10% | |
| Price / MAexp100: | -3.70% |
News
The last news published on ALPHABET INC. CLASS C at the time of the generation of this analysis was as follows:
- Kaskela Law LLC Announces Shareholder Class Action Lawsuit Filed Against Alphabet, Inc. - GOOG GOOGL
- INVESTOR ALERT: Kaskela Law LLC Announces Class Action Lawsuit Against Alphabet, Inc. and Encourages Investors to Contact the Firm - GOOG
- Investor Network: Alphabet Inc. Class A to Host Earnings Call
This member declared not having a position on this financial instrument or a related financial instrument.
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