Google stock stalls near $160 as volume indicator reflects weak bear momentum
Google stock dips to $158.60, fills price gap before modest recovery.
Alphabet Inc. (Google) Class A stock price began the week on the backfoot, recording a second straight down day following the last bearish daily close of last week that pushed the stock below the 50-day moving average at $163.40.
Monday’s session opened at $162.50 and briefly touched an intraday high of $163.20 before a sharp 2.7% pullback dragged the price to $158.60.
The decline completed a key technical move by closing the price gap between $159 and $162 which was left open during last week’s uptrend. Once the inefficiency was filled, Google stock managed a modest recovery, retracing back up to $160.60. Then Monday’s session ended with a -1.1% loss, but the bounce from the $158 handle suggested that buyers had stepped in.
Google price dynamics (Feb - April 2025). Source: TradingView
So far on Tuesday, April 29, the premarket quote sits near $160.30, a level not far from Monday’s close, indicating that traders are hesitant about taking directional bets during early European hours.
Google stock faces key support at $156.50 as broken moving averages flip to support
On the 4-hour chart, both the 20 and 50 moving averages, previously broken during last week's rally, now converge around the $156.50 level. That convergence is reinforcing a nearby support zone. If price extends lower again today, this area is likely to act as a cushion, a place where bulls could attempt to rebuild long positions.
What strengthens this view is the weakening of downside momentum. Since last week’s high, volume indicators have trended lower, implying that bearish pressure is fading rather than intensifying.
Unless a new catalyst emerges, Google stock may either consolidate above the $156.50 support or attempt another move higher as traders gauge whether the recent pullback was a correction or the start of a broader downtrend.
Alphabet stock up 5% in premarket trading after reclaiming 50-day MA amid AI investor optimism. Bullish RSI shift supported by price structure and investor sentiment.
