ALPHABET INC. CLASS A

- USD (-)

- 15 min delayed data - NASDAQ Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
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Type:	Stocks
Ticker:	GOOGL
ISIN:

ALPHABET INC. CLASS A - Weekly - Technical analysis published on 02/04/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

50%

11%

39%

My opinion

Bullish above 122.14 USD

My targets

149.84 USD (+5.24%)

My analysis

The bullish trend is currently very strong on ALPHABET INC. CLASS A. As long as the price remains above the support at 122.14 USD, you could try to benefit from the boom. The first bullish objective is located at 149.84 USD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.3

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

Additional analysis

Quotes

ALPHABET INC. CLASS A rating 142.38 USD. Over 5 days, this instrument lost -6.44% with the lowest point at 136.50 USD and the highest point at 144.00 USD. The deviation from the price is +4.31% for the low point and -1.13% for the high point.

136.50

144.00

142.38

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.

Opening Gap DOWN

Type : Bearish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by ALPHABET INC. CLASS A:

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

New HIGH record (5 years)

Type : Bullish

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

A technical analysis in Weekly of this ALPHABET INC. CLASS A chart shows a strongly bullish trend. 92.86% 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. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, only 9 technical indicators out of 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Previous candle closed over Bollinger bands

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	105.52	122.14	140.61	142.38	149.84
Change (%)	-25.89%	-14.22%	-1.24%	-	+5.24%
Change	-36.86	-20.24	-1.77	-	+7.46
Level	Minor	Major	Major	-	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	132.26	134.38	138.38	140.50	144.50	146.62	150.62
Camarilla	140.70	141.26	141.82	142.38	142.94	143.50	144.06
Woodie	133.20	134.85	139.32	140.97	145.44	147.09	151.56
Fibonacci	134.38	136.72	138.16	140.50	142.84	144.28	146.62

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	139.89	142.69	147.44	150.24	154.99	157.79	162.54
Camarilla	150.10	150.80	151.49	152.18	152.87	153.56	154.26
Woodie	140.86	143.18	148.41	150.73	155.96	158.28	163.51
Fibonacci	142.69	145.58	147.36	150.24	153.13	154.91	157.79

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	113.61	124.38	132.24	143.01	150.87	161.64	169.50
Camarilla	134.98	136.69	138.39	140.10	141.81	143.52	145.22
Woodie	112.16	123.65	130.79	142.28	149.42	160.91	168.05
Fibonacci	124.38	131.50	135.89	143.01	150.13	154.52	161.64

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):	56.37
MACD (12,26,9):	5.4000
Directional Movement:	5.44
AROON (14):	100.00
DEMA (21):	144.31
Parabolic SAR (0,02-0,02-0,2):	128.31
Elder Ray (13):	5.21
Super Trend (3,10):	127.46
Zig ZAG (10):	142.38
VORTEX (21):	1.0100
Stochastique (14,3,5):	86.81
TEMA (21):	144.88
Williams %R (14):	-36.66
Chande Momentum Oscillator (20):	9.79
Repulse (5,40,3):	-0.1000
ROCnROLL:	1
TRIX (15,9):	0.5400
Courbe Coppock:	15.52

MA7:	147.52
MA20:	144.54
MA50:	139.38
MA100:	136.40
MAexp7:	142.87
MAexp20:	137.18
MAexp50:	128.10
MAexp100:	120.74
Price / MA7:	-3.48%
Price / MA20:	-1.49%
Price / MA50:	+2.15%
Price / MA100:	+4.38%
Price / MAexp7:	-0.34%
Price / MAexp20:	+3.79%
Price / MAexp50:	+11.15%
Price / MAexp100:	+17.92%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

The latest news and videos published on ALPHABET INC. CLASS A at the time of the analysis were as follows:

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

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