Technical Analysis Of Google, Gilead And Kandi Technology

Technical Analysis of Google: MACD bearish

Google (NASDAQ:GOOG) stock price is testing the 20 day SMA and 100 day SMA. Google stock had recently formed a triangle and broke above the 100 day SMA. However the stock had not been able to sustain its momentum and has declined. It had marginally breached the 100 day SMA before climbing back above moving average.  The Google stock is also testing the 50 day EMA. If stock breaks below the moving averages, then going forward it likely to find strong resistance at the current price level. The MACD has also been declining and in a bearish crossover, it has crossed below the signal line, confirming the bearish trend.
GOOG Technical chart
Google Technical Analysis Chart by

For a detailed fundamental analysis watch our Google stock analysis.

Technical Analysis of Gilead: MACD bullish

Gilead (NASDAQ:GILD) stock price has crossed over the 100 day SMA. The stock had been hovering around the 100 day SMA for few trades before breaking above it. MACD is supporting Gilead stock's bullish trend. In a bullish crossover MACD has crossed over the signal line and has climbed back into positive territory. Gilead stock price is likely to face resistance at the upper gap level of $107.18. The stock had formed a downside gap on 3rd February.
GILD Technical chart

Gilead Technical Analysis Chart by

For a detailed fundamental analysis watch our Gilead Sciences stock analysis.

Kandi Technology Group: Resistance from 100 day SMA

Kandi Technology (NASDAQ:KNDI)  stock price is hovering around 100 day SMA from last few trades. The stock price has broken above the 100 day SMA on 17th February, forming an upside gap in the process. However, the Kandi stock has been facing resistance from 100 day moving and has not been able to break free. 100 day SMA had acted as resistance for Kandi stock price in last three months. It might be worthwhile to wait and watch before taking position.
KNDI Technical chart
Kandi Technology Technical Analysis Chart by

For a detailed fundamental analysis watch our Kandi Technologies stock analysis.

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Neither Amigobulls, nor any members of its staff hold positions in any of the stocks discussed in this post. The author may not be a certified/registered investment advisor, and the opinions expressed should not be treated as investment advice. Buying and selling of securities carries the risk of monetary losses. Readers/Viewers are advised to carry out their own due diligence and consult their investment advisors before making any investment decisions. Neither Amigobulls, nor the author have any business relationship with any of the companies covered in this post.

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