Google stock trades at $280.02, down 13.01%, with RSI oversold
Photo: The Cryptonomist
Google stock has a bearish daily setup after Alphabet’s earnings, with price below its main exponential averages and the lower Bollinger band. The hourly chart confirms that bias. However, oversold RSI readings across all three timeframes complicate the outlook: they flag stretched conditions, not evidence of a bullish reversal. Key takeaways Google stock was trading at $280.02 as of 09:42 ET, down 13.01% from the previous close. Daily RSI14 is 21.55 , hourly RSI14 is 15.06 , and 15-minute RSI14 is 9.61 — all in oversold territory.
Source: The Cryptonomist
