Weaker technical forecast for Google as stock downgraded to Sell Candidate

The Google stock price gained 0.390% on the last trading day (Thursday, 11th Jun 2026), rising from $356.38 to $357.77. During the last trading day the stock fluctuated 3.58% from a day low at $346.36 to a day high of $358.77. The price has fallen in 7 of the last 10 days and is down by -8.29% for this period. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 3 million more shares were traded than the day before. In total, 35 million shares were bought and sold for approximately $12.57 billion.

On Jun 02, 2026, it was reported that HSBC gave GOOGL a "Buy" grade with a "hold" action.

Given the current short-term trend, the stock is expected to rise 33.38% during the next 3 months and, with a 90% probability hold a price between $477.19 and $583.35 at the end of this 3-month period.

Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Google stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $363.06 and $377.74. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Wednesday, May 13, 2026, and so far it has fallen -11.14%. Further fall is indicated until a new bottom pivot has been found. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD).

On the downside, the stock finds support just below today's level from accumulated volume at $301.00 and $287.56.There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Google finds support just below today's level at $301.00. If this is broken, then the next support from accumulated volume will be at $287.56 and $280.92.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $12.41 between high and low, or 3.58%. For the last week, the stock has had daily average volatility of 3.04%.

The Google stock holds several negative signals and despite the positive trend, we believe Google will perform weakly in the next couple of days or weeks. Therefore, we hold a negative evaluation of this stock.Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold to a Sell candidate.