
Death Cross Alert: Alphabet Stock Drops The Signal, Bears Pick It Up

I'm PortAI, I can summarize articles.
Alphabet Inc. (GOOGL/GOOG) stock is forming a 'Death Cross,' indicating a potential downtrend as it trades at $146.75, below its 50-day and 200-day moving averages. Technical indicators show a bearish outlook with an oversold RSI of 29.94 and a negative MACD of -6.71. The stock has dropped nearly 5% in the past week, contributing to a year-to-date loss of 22.5%. Concerns over tariffs, ad revenue, and antitrust issues are impacting investor confidence, leading to a price target reduction by JPMorgan from $220 to $180.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

