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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 - 1H - Technical analysis published on 06/02/2021 (GMT)

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  • Timeframe : 1H
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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: Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 2,353.25 USD
My targets
2,392.76 USD (+0.97%)
2,431.38 USD (+2.60%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 2,353.25 USD remains possible. It is advisable to trade ALPHABET INC. CLASS A with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 2,353.25 USD. The next bullish objective for buyers is set at 2,392.76 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 2,431.38 USD. PS: if there is a bearish break in the support located at 2,353.25 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
2.7

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. Daily Weekly

Additional analysis

Quotes

The ALPHABET INC. CLASS A price is 2,369.78 USD. The price registered a decrease of -0.48% on the session and was traded between 2,369.56 USD and 2,393.64 USD over the period. The price is currently at +0.01% from its lowest and -1.00% from its highest.

2,369.56
2,393.64
2,369.78

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

Central Gaps

Opening Gap UP

Type : Bullish

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, which identifies the highest / lowest, has detected several elements:

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



Technical


Technical analysis of this 1H chart of ALPHABET INC. CLASS A indicates that the overall trend is bullish. The signals given by moving averages are 71.43% bullish. This bullish trend could slow down given the neutral signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Central Indicators

Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : 1 hour



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : 1 hour


Support of channel is broken

Type : Bearish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 2,256.55 2,288.74 2,353.25 2,369.78 2,392.76 2,431.38
Change (%) -4.78% -3.42% -0.70% - +0.97% +2.60%
Change -113.23 -81.04 -16.53 - +22.98 +61.60
Level Minor Minor Intermediate - Major 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
Standard2,330.312,342.292,361.742,373.722,393.172,405.152,424.60
Camarilla2,372.542,375.422,378.302,381.182,384.062,386.942,389.82
Woodie2,334.042,344.162,365.472,375.592,396.902,407.022,428.33
Fibonacci2,342.292,354.302,361.722,373.722,385.732,393.152,405.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,239.102,275.532,316.192,352.622,393.282,429.712,470.37
Camarilla2,335.652,342.722,349.782,356.852,363.922,370.982,378.05
Woodie2,241.222,276.592,318.312,353.682,395.402,430.772,472.49
Fibonacci2,275.532,304.982,323.172,352.622,382.072,400.262,429.71


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard2,041.872,117.742,237.302,313.172,432.732,508.602,628.16
Camarilla2,303.112,321.022,338.942,356.852,374.762,392.682,410.59
Woodie2,063.712,128.662,259.142,324.092,454.572,519.522,650.00
Fibonacci2,117.742,192.402,238.522,313.172,387.832,433.952,508.60

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): 51.02
MACD (12,26,9): 3.4900
Directional Movement: 5.53
AROON (14): 57.14
DEMA (21): 2,377.75
Parabolic SAR (0,02-0,02-0,2): 2,360.87
Elder Ray (13): -0.84
Super Trend (3,10): 2,352.83
Zig ZAG (10): 2,372.47
VORTEX (21): 0.9100
Stochastique (14,3,5): 53.51
TEMA (21): 2,372.77
Williams %R (14): -53.98
Chande Momentum Oscillator (20): 2.96
Repulse (5,40,3): -0.4400
ROCnROLL: -1
TRIX (15,9): 0.0200
Courbe Coppock: 0.47
MA7: 2,367.98
MA20: 2,313.74
MA50: 2,258.86
MA100: 2,120.98
MAexp7: 2,374.20
MAexp20: 2,372.11
MAexp50: 2,357.59
MAexp100: 2,336.79
Price / MA7: +0.08%
Price / MA20: +2.42%
Price / MA50: +4.91%
Price / MA100: +11.73%
Price / MAexp7: -0.19%
Price / MAexp20: -0.10%
Price / MAexp50: +0.52%
Price / MAexp100: +1.41%

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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