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Alphabet stock hits a 'death cross' after earnings miss, but past signals suggest a possible rebound.

Technical Signals
29 Oct 2026, 22:09 WIB
Market Watch
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Bearish
Alphabet stock hits a 'death cross' after earnings miss, but past signals suggest a possible rebound.

Alphabet's shares fell sharply after a third-quarter earnings miss, triggering a 'death cross'—a bearish technical signal where the 50-day moving average drops below the 200-day average. This indicates recent weakness compared to the past year. However, historically, Alphabet has bounced back from four of its last five death crosses, with an average gain of nearly 22% six months later, hinting at a potential recovery ahead.

Alphabet's stock price on Pluang dropped sharply by 12.92% to USD 282.90 as of Oct 30, 2026 02:21 WIB, reflecting significant recent selling pressure. Despite this steep decline, the platform shows a strong buyer interest with 77% of order activity on GOOGL shares being buys. The stock remains well below its 52-week high of USD 402.62, indicating room for potential recovery as discussed in the article.

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