Bullish vs. Bearish (5 opinions)
Social Sentiment -0.12
GOOG Forecast and Technical Stock Analysis
Buy candidate since 2019-08-15 Gain 2.67%
Alphabet Inc. gained 1.77% in the last trading day ( Monday, 19th Aug 2019 ), rising from $1 177.60 to $1 198.45 , 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 1.42% from a day low at $1 190.09 to a day high of $1 206.99. The price has risen in 7 of the last 10 days and is up by 4% over the past 2 weeks. Volume fell in the last day by -0.10 million shares and in total, 1.22 million shares bought and sold for approximately $1 456.24 million. You should take into consideration that a falling volume on higher prices causes divergence and may be an early warning about possible changes for the next couple of days.
- 30 day high of the GOOG stock price was $1 265.55 and low was $1 120.92.
- 90 day high was $1 265.55 and low was $1 025.00.
- 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 9.73% during the next 3 months and, with 90% probability hold a price between $1 243.70 and $1 403.67 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. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $1 181.08 and $1 163.35. A break down below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday August 14, 2019, which indicates further gains until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
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
Alphabet Inc. finds support from accumulated volume at $1 152.32.
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 $16.90 (1.42%) between high and low. For the last week, the stock has had daily average volatility of 1.65%.
Our recommended stop-loss: $1 139.27 (-4.94%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from pivot bottom found 3 days ago.)
1.65 %Average volatility
Very Low Low Medium High Very High
|GOOG $1 198.45 ($20.85 1.77%)|
GOOG is up $20.85 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!