Alphabet C's 15min Chart Indicates Bollinger Bands Narrowing and KDJ Death Cross

Wednesday, Aug 20, 2025 2:29 pm ET2min read

The 15-minute chart for Alphabet C has exhibited Bollinger Bands Narrowing and a KDJ Death Cross at 14:15 on August 20, 2025, indicating a decline in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price.

Alphabet Class C (GOOG) stock has seen significant fluctuations in recent trading sessions, with a notable 25.21% rise over the past year [1]. Despite facing challenges such as backlash over YouTube's AI-powered age estimation tools, the company's focus on AI, particularly with Gemini AI services, has driven growth. Additionally, Perplexity AI has made a bold $34.5 billion offer to acquire Google's Chrome browser, positioning Perplexity as a potential new player in the browser market [1].

On August 20, 2025, the 15-minute chart for Alphabet C exhibited Bollinger Bands Narrowing and a KDJ Death Cross at 14:15, indicating a decline in the magnitude of stock price fluctuations and a shift in momentum towards the downside, potentially leading to further decreases in the stock price [2]. This technical analysis suggests that the stock may face additional challenges in the near term.

Alphabet has also introduced six new AI tools at the Cloud Next Tokyo event, designed to automate up to 80% of tasks for data teams, reducing labor costs and increasing productivity. These tools include agents for data engineering, data science, conversational analytics, and infrastructure, enhancing data processing capabilities [1]. Despite these advancements, the company's advertising business has faced challenges, with search ad revenue increasing by 11.7% in Q2, indicating robust performance in this segment [1].

Moreover, Alphabet has committed to supporting education and AI literacy, providing its advanced AI tools free to college students globally and pledging $1 billion over three years for American education, including AI literacy programs and cloud computing resources [1]. The deal between Oracle and Alphabet to offer Google's Gemini AI models through Oracle's cloud computing services and business applications further expands Google's reach and offers a menu of AI options to Oracle's customers [2].

Perplexity AI's unsolicited all-cash offer of $34.5 billion to acquire Alphabet's Chrome browser underscores the strategic value of the browser as a gateway to user data and search traffic. The offer comes amid regulatory scrutiny of Google's dominance in online search and potential structural changes to Google's business [3]. Analysts remain skeptical about the chances of the deal going through, but it positions Perplexity as a serious contender in the AI search market [3].

Despite these challenges and opportunities, Alphabet maintains a strong position in the AI sector. The company's focus on AI and its strategic partnerships indicate a positive outlook for future growth. Analysts remain optimistic, with a Strong Buy consensus and a price target indicating further upside potential [1].

References:
[1] https://www.ainvest.com/news/alphabet-class-sees-ai-tools-boost-ad-growth-challenges-2508/
[2] https://m.economictimes.com/tech/artificial-intelligence/oracle-google-cloud-units-strike-deal-for-gemini-ai-models/articleshow/123305856.cms
[3] https://indicanews.com/perplexity-ai-makes-34-5-billion-bid-for-googles-chrome-browser/

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