Technical Analysis – Google registers 1-month high

Google 04/12/18 | EconAlerts

Google (Alphabet) stock registers 1-month high finding resistance at 200-day SMA. Google stock price has fallen sharply from the one-month high of 1122, reached earlier on Monday, after the bullish gap. However, the technical indicators are still endorsing the positive view. The MACD oscillator is strengthening its momentum above the trigger line but is below the […]

Technical Analysis – Google retreats sharply in the near-term

Google 06/08/18 | EconAlerts

Google stock retreats sharply in the near-term; bullish outlook in the long-term. Google stock price has reversed to the downside, completing the fourth negative daily session in a row. The price slipped below the 50-day simple moving average (SMA) indicating that the bears could take the charge. Regarding the technical indicators, the sharp downside movement has driven them lower. […]

Technical Analysis – Google stock bearish in short term

Google 04/07/18 | EconAlerts

Google stock bearish in short-term; remains in a trading range in the medium-term. Google stock has been consolidating since January 29 and has been stuck in a sideways channel with upper boundary the 1185.53 resistance level and lower boundary the 978.00 support level. The neutral picture in the medium-term looks to last for a while longer after prices failed […]

Technical Analysis – Google stock

Google 20/04/2018 | EconAlerts

Google stock jumps above 40-day SMA; endorses bullish scenario again. Google stock price edged higher over yesterday’s session, jumping above the 40-day simple moving average (SMA). The price rebounded on the 980.00 support level, which overlaps with the long-term ascending trend line, which has been standing since June 2015. The short-term momentum indicators are confirming […]

Technical Analysis – Google

Google 23/03/2018 | EconAlerts

Google stock in bearish correction mode; steep losses are expected. Google stock price has been edging lower over the last five days, with the biggest drop being in Thursday’s session. The price hit the 1045.60 support level taken from the low on March 2, while the selling interest started from the bounce off the 1177 resistance level. The short-term […]