why is GOOG "RSI Overbought"

The reason for Alphabet Inc.'s (GOOG) Relative Strength Index (RSI) indicating an overbought condition is primarily due to the stock's recent strong performance and the resulting high levels of buying activity. 1. **Strong Financial Results**: Alphabet Inc. reported impressive financial results for the second quarter ending June 30, 2025, with a 14% increase in revenue and a 19% rise in net profit compared to the same period last year. The company's revenue reached $96.43 billion, surpassing expectations, driven by strong performance in YouTube advertising and Google Cloud. 2. **High User Engagement**: The AI-driven AImode platform, which has been effectively operating in both the U.S. and India, currently boasts over 2 million active monthly users. This indicates a high level of user engagement and demand for Alphabet's services. 3. **Positive Analyst Sentiment**: Wall Street analysts have an "Outperform" consensus recommendation for Alphabet Inc., with an average target price of $205.78, suggesting that analysts believe the stock has further room to grow from its current price. 4. **Technical Indicators**: The stock's recent price momentum, with a four-week price change of 9.1% and a beta of 1.39, indicates that it is experiencing fast-paced movement and is likely to continue performing well. However, this can also lead to overbought conditions if the buying pressure exceeds the selling pressure. In summary, Alphabet Inc.'s RSI is indicating an overbought condition due to a combination of strong financial performance, high user engagement, positive analyst sentiment, and technical indicators of strong price momentum.