Predict Google stock price with AI

Google Stock Analysis: Key Trends and Insights Powered by AI 🚀

Current overview

Alphabet stock (GOOG), what many still call Google stock, is trading close $198.54according to yesterday VWAP– critical price magnet. Price has gone back up after testing the $196.90 support (VAL yesterday) and is now targeting junctions that could trigger major market reactions.

🔑 The next key price levels to watch for GOOG stock

1. Support levels:

   • 196.90: Yesterday's Value Area Low, where buyers first stepped in.
   • 191.26: Critical bare level from two days ago, acting as a potential base for the current range.

2. Resistance levels to monitor:

   • 198.98: Yesterday High Value Rangeclose to the psychological round number $199.
   • 200.00: A strong magnet for trader psychology and the High Value Area two days ago.
   • 203.15: Just above yesterday's level, a place where sellers can step in for a return opportunity.

3. Extended Short Access:

   • 204.65: Reasonable stop loss range for short positions initiated at 203.15.

Volumetric visualizations for GOOG 📊

Volume stats show:

• Early sales pressurewith significant negative delta and aggressive sellers dominating key bars.
• However, the latest session shows buyers enterwith specific inclusion of sales volume.

Why it's important: This shows that there is potential for short-term upward movement, but close price reactions $199-200 and yesterday is high ($203.15) determine whether sellers regain control.

AI Directional Bias Score for Google Stock: +2 (Little Bull) 📈

Philosophy:

• Buyers are stepping in near key support, and the price is retrieving levels like yesterday's VWAP.
• But, strong struggle around $199-200 and above they could block their movement, creating a field-bound situation.
• A bullish bias could mean that the stock price is just going back where sellers can find an attractive entry, so this analysis and bias can be a short-term guide, not long-term, to throw. Traders and investors should watch and monitor how price might react at the next price levels mentioned, for example, if the stock rises all the way to a new high. but will be rejected near $203.15. Or that it doesn't even confidently hit the $200 round number. All of these junctions are places to collect clues.

Trading scenarios for GOOG 📉📈

1. Bullish Position:

   • Stable price action above $198.98 and break out above $200.00 could concentrate $203.15 and beyond.

2. Bearish Outlook:

   • Rejection price at From 200.00-203.15 creating opportunities for shorts, with disadvantageous targets at $198.00, $196.90and $191.26.

3. Main Fakeout Zone:

   • Look for liquidity hunting above $203.15 before turning back towards him $200.00 or lower.

Key takeaways for Google Traders 🚦

• From 198.98 to $200.00 is a key junction for both bulls and bears – watch closely for price reactions.
• Vendors may reappear nearby $203.15creating short opportunities.
• Customers must keep up $196.90 to maintain the bullish case.

⚠️ Disclaimer: This analysis is for informational purposes only. Trade wisely and manage risk effectively. 📊 Visit ForexLive.com for additional views.