Alphabet Inc. stock plunges from $381 to $360 as bearish signals emerge

Alphabet Inc. stock faces an uncomfortable crossroads. The daily chart remains structurally bullish, yet the latest session tells a nervous story. Shares opened at 379.99 and collapsed to 355.21 before closing at 360.77 on volume of 3,345,108, after Q2 results showing negative free cash flow rattled investors.

Key takeaways

• Alphabet shares plunged from an intraday high of 381.49 to close at 360.77, a violent single-day range on heavy volume of 3,345,108.
• The daily trend remains structurally bullish, with price above the 20-day EMA at 350.47, the 50-day EMA at 352.15, and the 200-day EMA at 320.89.
• Hourly MACD has crossed bearish, directly contradicting the daily chart’s still-positive momentum reading.
• Daily ATR14 expanded to 13.87, signaling elevated volatility and wider daily swings ahead.
• A close below the daily support confluence near 350.16 would invalidate the bullish structure and open the door toward 315.93.

Alphabet Inc. Stock: Daily Structure Still Bullish, But Cracks Are Showing

The daily chart still supports a bullish outlook for Alphabet Inc. stock, with price above all major EMAs, yet the latest candle reveals distribution rather than conviction.

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