Bullish vs. Bearish (11 opinions)
Social Sentiment 0.03
GOOG Forecast and Technical Stock Analysis
Buy candidate since 2019-10-09 Gain 1.09% PDF
Alphabet Inc. gained 0.56% in the last trading day ( Friday, 11th Oct 2019 ), rising from $1 208.67 to $1 215.45 , and has now gained 4 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 1.21% from a day low at $1 213.74 to a day high of $1 228.39. The price has been going up and down for this period, and there has been a -0.79% loss for the last 2 weeks. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 0.42 million more shares were traded than the day before. In total, 1.27 million shares bought and sold for approximately $1 539.55 million.
- 30 day high of the GOOG stock price was $1 248.30 and low was $1 162.43.
- 90 day high was $1 265.55 and low was $1 120.92.
- 52 week high for Alphabet Inc. - $1 289.27 and low - $970.11.
Alphabet Inc. lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 5.22% during the next 3 months and, with 90% probability hold a price between $1 245.51 and $1 373.20 at the end of this period.
Only positive signals in the chart today. Alphabet Inc. holds buy signals from both short- and long-term moving averages, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down there will be some support from the lines at $1 202.87 and $1 207.39. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Tuesday October 08, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.
Relative Strength Index (RSI)
RSImin/max Values: [ 25 - 75 ]
RSI14 is 45 and the stock is currently not being overbought or oversold
* Stockinvest.us uses dynamical calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behaviour.
Support & Resistance
On the downside, the stock finds support just below today's level from accumulated volume at $1 152.32 and $1 151.29.
There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Alphabet Inc. finds support just below today's level at $1 152.32. If this is broken, then the next support from accumulated volume will be at $1 151.29 and $1 132.12.
This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $14.65 (1.21%) between high and low. For the last week, the stock has had daily average volatility of 1.24%.
Our recommended stop-loss: $1 148.16 (-5.54%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 3 days ago.)
1.24 %Average volatility
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|GOOG $1 215.45 ($6.78 0.56%)|
GOOG is up $6.78 today, but where's it headed in 2019?
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Golden Star Signal
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.
This signal is rare and, in most cases, gives substantial returns. From 8.000 stocks usually only a few will trigger a Golden Star Signal per day!