Can Google Alphabet stock’s oversold RSI counter its bearish daily trend?

Google Alphabet stock traded at $278.16 as of 15:52 ET Monday, holding below daily moving averages and the lower Bollinger band. Bearish daily structure outweighs an oversold RSI and a positive hourly MACD histogram. Key takeaways Google Alphabet stock traded at $278.16 as of 15:52 ET Monday, below the daily pivot at $278.48 and the daily lower Bollinger band at $281.19 . Daily RSI14 is 21.06 , in oversold territory. Daily MACD line is -13.97, below its signal at -7.59, producing a negative histogram of -6.37 . Hourly moving averages are in fully bearish sequence: 20 EMA at $285.18 below 50 EMA at $299.20 below 200 EMA at $323.95. Hourly MACD histogram is positive at 1.39 , but both MACD lines remain below zero.

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