GOOGL technical analysis today
Mildly bearish
GOOGL is trading below its 50-day and 200-day moving averages, and the 50-day sits below the 200-day. That is a downtrend structure, so rallies may meet selling.
The daily RSI is 22, which is oversold. Selling pressure is stretched, so a relief bounce is possible, but it is not a buy signal on its own.
Funding is high at 0.057% per 8 hours, so longs are crowded. Crowded longs can fuel a sharp flush lower.
For today, the first resistance is near $318.05 and the first support is near $278.23. A daily close above resistance or below support would show the next direction.
GOOGL support and resistance levels
Resistance 2$342.96
Resistance 1$318.05
Pivot$303.14
Support 1$278.23
Support 2$263.32
Classic daily pivot levels for GOOGL, calculated from the last completed daily candle.
Automatic summary from daily candles, updated every few minutes. Not financial advice.
GOOGL FAQ
What is the GOOGL price today?
GOOGL (GOOGL) is trading at $294.13 on Binance futures, down 9.55% in the last 24 hours. The 24-hour range is $288.22 to $328.04.
Is GOOGL bullish or bearish today?
Our technical read for GOOGL today is mildly bearish. GOOGL is trading below its 50-day and 200-day moving averages, and the 50-day sits below the 200-day. That is a downtrend structure, so rallies may meet selling. This is an automatic technical summary, not financial advice.
What are the GOOGL support and resistance levels today?
Based on the last daily candle, resistance is near $318.05 and $342.96, and support is near $278.23 and $263.32. The daily pivot is $303.14.
Where can I get GOOGL trading signals?
The free TradingGain app shares crypto and gold trading signals with entry, stop-loss and targets, together with live scanners and pro charts.