Alphabet Inc. (NASDAQ:GOOG) will force OEMs to hide their custom gesture navigation systems in Android 10
Google has struggled to devise a new navigation system for Android over the last few releases. No one much liked the two-button design from Pie, and the new full-gesture setup in Android 10 has its critics, too. However, a leaked copy of the Google Mobile Services (GMS) agreement for OEMs suggests you’ll be seeing a lot of Google’s gestures on upcoming phones. Google will apparently require OEMs to bury their custom gesture navigation systems in the settings in favor of the stock implementation.
Back at I/O 2019, Google announced that it would support its new gestures and the three-button nav bar going forward. It didn’t rule out OEMs having their own custom gesture navigation—device makers like Samsung and OnePlus have taken a swing at full gesture navigation on Android Pie while Google fooled around with the two-button setup. Google will indeed let OEMs keep those navigation systems, but there will be some restrictions. Notably, devices shipping with Android 10 will need to have either classic three-button nav or Google’s gesture navigation enabled out of the box. That makes it sound like the two-button “pill” setup is effectively dead.
Phones often let you choose your navigation options during setup, but Android 10 will allegedly clamp down on that. Phones won’t be allowed to offer custom gesture navigation as an option in the setup wizard at all. So, you’ll probably be able to turn on Google’s gestures, but something like Samsung’s swipe-up targets (see above) will only be available if you dig into the settings. The companies that have invested resources into designing other navigation systems will probably chafe at the restrictions, but this will probably make navigation more consistent for users.
Overall, the bias in prices is: Upwards.
The projected upper bound is: 1,256.89.
The projected lower bound is: 1,156.76.
The projected closing price is: 1,206.83.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 4 white candles and 6 black candles for a net of 2 black candles. During the past 50 bars, there have been 24 white candles and 26 black candles for a net of 2 black candles.
An inverted hammer occurred. If this occurs during a downtrend (which appears to be the case with ALPHABET INC C) it implies a reversal. Look for a confirmation of the reversal on the bar.
A long upper shadow occurred. This is typically a bearish signal (particularly when it occurs near a high price level, at resistance level, or when the security is overbought).
A shooting star occurred (a shooting star has a small real body near the bottom of the candle and a long upper shadow). During an uptrend the long upper shadow indicates that the bears are gaining control and a top may occur.
A spinning top occurred (a spinning top is a candle with a small real body). Spinning tops identify a session in which there is little price action (as defined by the difference between the open and the close). During a rally or near new highs, a spinning top can be a sign that prices are losing momentum and the bulls may be in trouble.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
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.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 53.4787. This is not an overbought or oversold reading. The last signal was a buy 1 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 49.56. 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 sell 48 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 -40. This is not a topping or bottoming area. The last signal was a buy 1 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 sell 9 period(s) ago.
Rex Takasugi – TD Profile
ALPHABET INC C closed down -1.320 at 1,207.680. Volume was 41% below average (neutral) and Bollinger Bands were 34% narrower than normal.
Open High Low Close Volume___
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 1,213.70 1,201.19 1,149.93
Volatility: 27 27 33
Volume: 1,423,324 1,365,065 1,493,225
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 5.0% above its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of GOOG.O at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bearish on GOOG.O and have had this outlook for the last 1 periods.
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