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Alphabet stuck in no-trade zone at $354: Hourly levels

Alphabet (GOOG/GOOGL) is trading in a tight technical consolidation around $354.78, described as a “no-trade zone” between roughly $351 and $357. The article is focused on short-term chart signals rather than business fundamentals, highlighting an Ichimoku cloud squeeze, bearish MACD momentum, a bearish engulfing candle near $381.61, and a bearish SuperTrend flip at $376.33. Key support is clustered near $354-$356, with breakdown risk below $349 that could open downside targets around $341 and $325. On the upside, bulls need a reclaim of $362 to revive momentum toward $372, $383, and potentially $400. Overall, the setup suggests indecision with elevated whipsaw risk until price breaks out of the range.

Category

Alphabet

Sentiment

Mixed

Event

Technical analysis

Reading time

1 min