-1.17% for Alphabet stock — fresh selling follows gap-down and resistance at $322

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Alphabet slides 1.17% to $302.02 today

Highlights

Alphabet reported Q4 revenue of $113.83 billion, up 18% year-over-year with a net margin of 32.81%, surpassing analyst expectations.
Alphabet secured unconditional EU approval for its $32 billion acquisition of cybersecurity firm Wiz, its largest deal to date.
GOOGL trades at $302.02, below MA-20 and MA-50, with bearish daily momentum and key resistance at $322–$325; $296 marks critical near-term support.

Earnings and deal approvals fuel positive sentiment despite insider sale

Alphabet reported strong fourth-quarter earnings, with revenue up 18% year-over-year to $113.83 billion, surpassing analysts' estimates and delivering a net margin of 32.81%. The company announced a quarterly dividend, payable on March 16, 2026, and secured unconditional EU antitrust approval for its $32 billion acquisition of cybersecurity firm Wiz, marking its largest deal to date. In addition, Alphabet's AI assistant Gemini passed 750 million monthly active users, while YouTube's annual revenue from ads and subscriptions exceeded $60 billion. Director John L. Hennessy also made a notable insider share sale of 590 shares.

Bearish momentum intensifies as price tests daily range mid-point

Momentum signals on the daily timeframe continue to point lower, with both the MACD and ADX indicating bearish momentum. Oversold conditions are observed across RSI (29.74), Stochastic RSI, and CCI, with Bull/Bear Power confirming persistent seller dominance intraday. The Awesome Oscillator supports the downtrend. The stock opened with a gap down from $305.60 to $299.05 and currently trades near the middle of a $296.30 – $304.27 daily range, showing a 1.17% loss for the session. Volatility remains moderate amid steady post-open downside pressure, aligning intraday performance with momentum signals and supporting the case for continued weakness.

Sideways base case set as upside potential hinges on resistance reclaim

Over the next five trading days, GOOGL is expected to move within a typical volatility band of $296 to $314. Weekly indicators point to a high probability (over 80%) of an upward move, while a decline appears much less likely. The base case anticipates sideways trading inside this range. A bullish scenario would emerge if GOOGL reclaims the $322 – $325 resistance area, while a sustained break below $296 could signal further downside toward longer-term moving averages.

Anton Kharitonov, expert at Traders Union, sees Alphabet’s technicals as still under pressure despite strong fundamentals. He notes persistent bearish momentum and oversold signals, while company news flow remains supportive. The analyst is cautious as long as price stays below the key $322 – $325 resistance zone. "Unless GOOGL regains critical support, my base case is sideways or lower within $296 to $314."

Previously it was reported that Alphabet Inc. is trading below its short- and medium-term moving averages, reflecting ongoing selling pressure, while continuing to hold above its long-term average. Technical indicators including RSI, CCI, and Stochastic RSI indicate oversold conditions, with immediate resistance near $326 and broad support from the long-term moving average, suggesting limited rebound potential and a likely continuation of sideways to slightly lower trading.

Source of Data: GOOGL Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

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