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Daily Downtrend and Hourly Bounce Insights

Daily Downtrend and Hourly Bounce Insights

Alphabet stock closed at 337.12 on September 2, below the 20-day EMA of 344.05 and 50-day EMA of 348.48, yet above the 200-day EMA at 326. The broader uptrend holds, but the recent pullback has been steep and now faces an early hourly stabilization attempt.

GOOGL daily chart with EMA20, EMA50 and volume
GOOGL — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • Alphabet stock RSI14 sits at 43.14 on the daily chart, below the neutral 50 line but not yet at exhaustion
  • Daily MACD histogram at -0.78 continues to widen to the downside, confirming seller control
  • Price hovers near the daily pivot at 336.65 — a critical line-in-the-sand level across timeframes
  • Hourly MACD has crossed bullish (line at -1.12 vs signal at -1.48), but the hourly EMA stack remains…

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