
Alphabet Inc.'s shares have entered bear market territory, falling 20% from their recent highs. Google's stock, trading under the ticker $GOOGL, is now priced at $150, down from a high of $190. This decline is attributed to the company's stagnant free cash flow per share, which has remained at $5 since 2021. The stock has also breached its 200-day moving average, a critical support level. Analysts note that the stock's daily RSI is oversold, indicating potential for a short-term rebound. The stock is relatively weak among big tech names, particularly within the Mag7’s (excluding TSLA).






$GOOGL Ouch, lost the 200D 150 Some support if not then the gap. https://t.co/CTungwzCNQ
Relative Performance Case Study on $GOOG 📚 After the August 5th bottom, $GOOG price began to rebound, while our RP indicator continued to make lower highs and lower lows. This divergence signaled that $GOOG was lagging the rest of the market on a relief bounce, and if/when the… https://t.co/EZhsCI5w2s
$PYPL Ouch, so much for looking good! 68 some support, but that gap might want to fill @ 67! https://t.co/J2JELEo51Q