Alphabet GOOGL technical analysis

GOOGL trades at $338.57, up 0.50% in 24h, with RSI14 at 46 on the 4h and 43 on the 1D, indicating neutral momentum within a mixed daily trend as price sits below both SMA20s (341.025 on 4h, 342.381 on 1D) but above SMA200 at 336.439.

Price is currently contesting the 4h resistance zone of 338.52-341.64, which has seen six touches, against immediate 4h support at 332.82-335.84 (four touches). A falling 4h resistance trendline near 341.457 adds overhead weight, while the 1D chart shows a thicker resistance band from 340.88-342.32 (three touches) and a prior support at 330.2-332.82 (three touches).

Bulls need a sustained close above 341.64 on the 4h, then a break of the 1D resistance at 342.32 to challenge 344.68-346.36. Bears must defend that 338.52-341.64 zone and push price below 335.84, targeting the 330.2-332.82 daily support for continuation.