Alphabet (GOOGL) Stock Rises 0.78% (November 6, 2026): RSI Oversold

As the chart shows, price sits just above the 20-day support, with the averages sloping down overhead. Support and the three-month low are only about two dollars apart, so they form a tight zone. That zone has not broken yet. It is still the line to watch.

Oscillators & Momentum

Oscillators measure how stretched a move is. RSI(14) is 29.7, below the 30 line that marks oversold conditions. The Stochastic reads 11.6 (%K) and 12.0 (%D), also deeply oversold. Both say selling has been heavy and sellers may be tiring. But they are not buy signals. In a downtrend, oversold readings can persist for weeks. The MACD, which tracks the gap between short- and long-term momentum, still points the wrong way. It reads -16.589 against a signal line of -12.803, with a histogram of -3.786. Momentum is negative, and the gap has not narrowed.

The chart shows the split: oscillators are scraping the floor while MACD has not turned. When these disagree, the market is usually waiting for confirmation.

Volatility & Volume

Bollinger Bands (a channel drawn two standard deviations around the 20-day average) have widened to 34.7% of the middle line. That signals high volatility. Price is at 20% of the band's width (%B), between the lower band at 262.31 and the middle at 317.44. The upper band is 372.57. The ATR (average daily trading range) is 11.30, or 4.0% of the price. A typical day can move the stock by roughly that much in either direction. That calls for wide margins on any scenario. Volume tells a cautious story. Friday's 36,283,900 shares were 0.9 times the 20-day average of 38,939,105. The bounce came on slightly below-normal participation. On-balance volume, which adds volume on up days and subtracts it on down days, is still falling. A durable low usually needs buyers to show up in size, and that has not happened.

Fundamental Context

The selloff contrasts with the company's latest results. According to its SEC filing (Form 10-Q, filed October 29), Alphabet reported quarterly revenue of $127.58 billion for the quarter ended September 30, up 24.7% from $102.35 billion a year earlier. Net income was $26.47 billion, against $34.98 billion a year earlier, and diluted earnings per share were $2.12. Revenue is growing quickly while profit fell year on year. Alphabet also filed a Form 8-K on November 5 reporting other material events. The filing does not specify the matter in the data available here.

Key Levels & Scenarios

If price falls below the 20-day support at 278.99 and then the three-month low at 276.92, the next reference is the lower Bollinger Band at 262.31. If the stock holds that zone and climbs, the first test is the 20-day average at 317.44, and beyond it the 50-day at 332.93.

Technical Verdict: HOLD (wait & see)

The code-computed technical bias is neutral: none of seven bullish signals are active, and only one of seven bearish signals is, namely the downtrend confirmed by falling OBV. The verdict is HOLD (wait & see). Reasons: - RSI at 29.7 and Stochastic at 11.6 show oversold conditions, which argue against chasing the decline. - MACD at -16.589, below its signal line, and falling OBV show the downtrend has not been confirmed as over. - Price below the 20-day average at 317.44 keeps the trend structure bearish. Reference levels, derived only from the data: - Ideal entry range: 276.92 to 278.99, the three-month low and 20-day support zone. - Exit target (target price): 317.44, the 20-day average and the first overhead barrier. - Stop loss: 267.83, which is price minus 1.5 times ATR. A close under that level takes price toward the 262.31 lower band. The verdict is invalidated if price breaks below the 276.92 three-month low, which would confirm a fresh leg down. In plain terms: the stock looks beaten down but has not yet shown it has turned, so the technical picture says wait. This is technical analysis, not an investment recommendation.

Summary Data GOOGL

Last price	284.78 USD
Change 1 day / 5 days / 1 month	0.78% / 1.77% / -19.02%
Trend / MA-cross	downtrend / none
SMA20 / SMA50	317.44 / 332.93
RSI (14) / Stochastic %K	29.7 / 11.6
Bollinger %B / ATR	20% / 11.30
Support / Resistance 20 days	278.99 / 353.78
Data as of	7 November 2026 04:00 WIB

Disclaimer: This technical analysis is generated automatically from exchange data and indicators calculated by JournalArta, for information and education only. The verdict and the entry, target and stop-loss levels are not investment advice or a solicitation to buy or sell any security. Investment decisions and their risks rest solely with the reader.

Track GOOGL stock price daily: live levels, support/resistance and our full GOOGL analysis history.