Google is Down for the 3rd Day in a Row

The Hourly View for Google

  • At the moment, GOOGL’s price is up $1.18 (0.04%) from the hour prior.
  • This is the 2nd hour in a row Google has seen its price head up.
  • If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
  • The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Google’s hourly price chart is shown below.

GOOGL

The Daily View for Google

  • At the moment, GOOGL’s price is down $-2.54 (-0.09%) from the day prior.
  • The daily chart shows that Google has seen 3 straight down days.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
  • Divergence between GOOGL’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in GOOGL’s price.

Below is a daily price chart of Google.

GOOGL

Featured Google Idea From TradingView

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