Google Stock Needs to Overcome This Resistance to Turn the Trend Bullish!
Investors are trying to reverse the Google share price higher, but they're facing a strong resistance on different charts at $160.
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Investors are trying to reverse the Google share price higher, but they’re facing a strong resistance on different charts at $160, which is the line in the sand for the Alphabet stock.
Mixed Performance for Tech Giants Amid Trade Optimism
Alphabet Inc. (GOOGL) shares have had a turbulent ride in recent weeks, reflecting broader uncertainty in the tech sector. While other major IT names posted mixed performances this week, Google’s stock has struggled to build consistent upward momentum despite showing signs of recovery. After plunging from February highs of around $207 to a low of $140 last week—a steep 32% decline—GOOGL managed to claw back some ground.
The recent rebound was partly fueled by improving macro sentiment. A major catalyst came in the form of U.S. President Donald Trump’s decision to delay the imposition of most reciprocal trade tariffs for a three-month period. That announcement helped calm jittery markets and led to a broad relief rally across equities. Google was no exception, snapping a four-week losing streak and climbing 12% over the past week.
AI Competition Clouds Google’s Outlook
Despite the bounce, Google’s longer-term outlook remains clouded by structural challenges. Chief among them is the rise of AI-powered chatbots, which continue to disrupt traditional search engine use—the very core of Alphabet’s advertising business. With rivals pushing forward aggressively in this space, investors have grown cautious, especially as Google battles to retain dominance.
GOOGL Stock Daily – The 200 SMA Rejects the Price 
Technically, the stock faces an important hurdle near the $160 mark, where the 200-day simple moving average currently sits on the daily chart. This level, once strong support, is now acting as resistance. On Monday, the stock attempted a modest gap higher at the open but was swiftly rejected at this moving average.
GOOGL Chart Weekly – The 50 SMA Offers Resistance
Zooming out to the weekly chart, the situation appears nuanced. Previous pullbacks found support at key moving averages, but the Q1 2025 decline sliced through several of them. However, the 100-day SMA held firm, and the subsequent bounce pushed GOOGL up 12% from the $140 level to a Friday close of $157.14. While momentum has improved, a clean break above $160 remains critical to confirm a bullish reversal.
Outlook Hinges on Breakout and Broader Sector Sentiment
For Alphabet to resume a strong upward trajectory, buyers will need to push through the overhead technical resistance. Until then, gains may be capped by broader market caution and sector-specific pressures. Investors will also be watching how Google adapts to the rapidly evolving AI landscape, which could have long-term implications for its core business model.
With markets closely tied to geopolitical signals and tariff decisions, Google’s fate—at least in the near term—may hinge as much on Washington as it does on Wall Street, which also closed lower yesterday, as shown below.
US stock indices closed lower in a volatile session, as markets grappled with conflicting macro signals and positioning ahead of key data later this week. Despite early attempts to push higher, all major indices reversed gains by the close.
Dow Jones Industrial Average:
Fell 155.83 points, or -0.38%, closing at 40,368.96. The index was weighed down by renewed concerns around tariffs, rising Treasury yields, and some underperformance in industrial and energy names.
The Dow continues to underperform relative to tech-heavy peers as value sectors lag amid uncertain macro policy signals.
S&P 500 Index:
Ended the session down 9.34 points, or -0.17%, at 5,396.63.
Tech and communication services provided some support, but cyclical and consumer discretionary names held the broader index back.
NASDAQ Composite:
Edged down 8.32 points, or -0.05%, to settle at 16,823.17.
The index traded near flat for most of the day, showing resilience even as investors booked profits in large-cap growth names.
NYSE Composite Index:
Closed marginally lower by 2.21 points, or -0.012%, at 18,430.04.
Broader market breadth remained mixed, with declining issues slightly outnumbering advancers.
Today’s modest decline in the Dow reflects persistent investor caution, especially in sectors more sensitive to economic cycles and global trade tensions. While tech stocks remain relatively buoyant, the Dow’s lag highlights a broader hesitation to fully embrace risk amid unclear Fed guidance and tariff uncertainty. Unless fresh macro catalysts appear, the Dow may continue to struggle for upside traction in the short term, even as other indices hover near record highs.
Nasdaq Index Live Chart
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