Alphabet Inc. (NASDAQ:GOOG) Maps just turned into a messaging app with this new feature

Alphabet Inc. (NASDAQ:GOOG) Maps just turned into a messaging app with this new feature

Alphabet Inc. (NASDAQ:GOOG) Maps just turned into a messaging app with this new feature

Google Maps is in the midst of pulling off a pretty interesting evolution these days, going from being a simple navigational tool that helps you get from Point A to Point B and into the app equivalent of a Swiss Army knife.

It’s now packed with tons of features that include a Yelp-like ability to do some quick research on a restaurant as well as the ability to share your ETA with friends and family. And because Google very much wants you staying in the app as long as possible and using it to interact with businesses you’re trying to find, it’s also just become yet another messaging app.

Google is rolling out an update that involves swiping in from the left and tapping the “messages” option, which now gives you some new uses for the app. Say you’re on the bus, Google imagines, and you don’t want to make a call to the bakery to order the cake you were supposed to pick up. Or if you want to check and see if a shoe store has your size in stock. Now you can simply message the business right there from Google Maps.

“Now you’ll see your messages with the businesses you connect with via Business Profiles within the Google Maps app, where you’re already looking for things to do and places to go or shop,” Google explains in a company blog post. “You’ll find these messages in the side menu of both Google Maps for Android and iOS.”

Overall, the bias in prices is: Downwards.

Note: this chart shows extraordinary price action to the downside.

The projected upper bound is: 1,105.23.

The projected lower bound is: 976.38.

The projected closing price is: 1,040.80.


A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 2 white candles and 8 black candles for a net of 6 black candles. During the past 50 bars, there have been 22 white candles and 28 black candles for a net of 6 black candles.

Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 13.2539. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 2 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 42.10. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a buy 23 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -56. This is not a topping or bottoming area. The last signal was a buy 6 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 6 period(s) ago.

Rex Takasugi – TD Profile

ALPHABET INC C closed up 7.610 at 1,043.660. Volume was 5% below average (neutral) and Bollinger Bands were 12% narrower than normal.

Open High Low Close Volume___
1,050.0001,054.5641,031.0001,043.660 1,565,945

Technical Outlook
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bearish

Moving Averages: 10-period 50-period 200-period
Close: 1,058.40 1,121.85 1,121.83
Volatility: 32 38 34
Volume: 1,643,701 1,798,081 1,740,552

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.


ALPHABET INC C is currently 7.0% below its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume out of GOOG.O (mildly bearish). Our trend forecasting oscillators are currently bearish on GOOG.O and have had this outlook for the last 27 periods.

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