Alphabet Hitting Technical Support Ahead of Earnings
Google parent Alphabet (Nasdaq: GOOGL) is set to report earnings Thursday after the closing bell and the stock has hit a technical support level ahead of the report.
Like the rest of the tech sector, Google has been trending lower over the last few months and it is testing its 52-week moving average. In this case though, Google has another support level in addition to the moving average.
Over the last two years, all of the major dips in the stock can be connected with one trendline. The stock has touched that trendline in each of the last three weeks, but has remained above the trendline.
You can see that the stock’s overbought/oversold indicators are as low as they have been in the last few years which is another good sign that the stock could be due to rally. The 10-week RSI hit its lowest level since the summer of 2016 while the weekly stochastic readings are hitting oversold levels for only the fifth time in the last three and a half years.
The sentiment indicators on Alphabet are pretty optimistic, but they have been that way for as long as I can remember. The short interest ratio is a paltry 0.97, but the ratio has been below 2.0 for most of the past year. It was hovering right around 1.0 back at the end of March when the stock bounced off the trendline.
There are 43 analysts following the stock and 38 of them have the stock rated as a “buy” and the other five have it rated as a “hold”. These figures are exactly the same as they were back in July when the company last reported earnings.
Analysts expect the company to report earnings of $10.42 on revenue of $34.04 billion for the third quarter. The EPS estimate has been ratcheted down from $10.46 over the last 30 days. This suggests that the bar is being lowered slightly heading in to the earnings report.
Regardless of what Alphabet’s earnings report says, it will take quite a bit of selling pressure to move the stock below the trendline and with the stock as oversold as it is, that doesn’t look likely in my view.
GOOGL's Stochastic Oscillator stays in oversold zone for 4 days
The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an uptrend is expected.
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where GOOGL advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .
GOOGL may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on July 16, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on GOOGL as a result. In of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for GOOGL turned negative on July 17, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .
GOOGL moved below its 50-day moving average on June 22, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where GOOGL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for GOOGL entered a downward trend on July 08, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Fundamental Analysis (Ratings)
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.281) is normal, around the industry mean (10.555). P/E Ratio (16.043) is within average values for comparable stocks, (31.134). Projected Growth (PEG Ratio) (1.259) is also within normal values, averaging (32.267). Dividend Yield (0.003) settles around the average of (0.051) among similar stocks. P/S Ratio (8.780) is also within normal values, averaging (69.199).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 95, placing this stock better than average.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. GOOGL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
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General Information
a holding company with interests in software, health care, transportation and other technologies
Industry InternetSoftwareServices
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