Alphabet Inc

GOOGL is in a Stage 3 distribution phase with downward-sloping EMAs and a flat 50 DMA indicating waning demand. The medium-term bias is bearish given the breakdown in higher highs/lows and high transition risk to Stage 4. Short-term price is below the 9, 21, and 50 EMAs with follow-through, supporting a Sell Now approach to capture continuation. Oversold readings do not align with any mean reversion setup, so selling the breakdown is favored.

• ↑Q4 2025 revenue reached $113.8B (+18% YoY), led by 48% Google Cloud growth.
• ↑Google Cloud backlog expanded to $460B as enterprise AI demand accelerates.
• ↓Negative earnings yield (~–0.53) and ~52% overvaluation raise valuation concerns.