Alphabet C Surges 4.30% to $251.76 Amid Bullish Technical Breakout

Candlestick Theory
Alphabet C exhibits a robust bullish candlestick formation on the most recent trading day (2025-09-15), closing near the session high ($251.76) after a 4.30% surge. This follows two consecutive small-bodied candles (09-11 and 09-12), suggesting consolidation before the breakout. Key resistance is established at the 2025-09-15 high of $252.75, while support converges near $240.78–$241.38, aligned with the September consolidation lows. A bearish divergence emerges if prices retreat below $244.98 (15-day low), invalidating the breakout signal.
Moving Average Theory
Alphabet C trades above all three major moving averages—50-day ($228.15), 100-day ($209.40), and 200-day ($189.72)—confirming a strong long-term uptrend. The 50-day MA recently crossed above the 100-day MA (late August), reinforcing bullish momentum. Short-term price action shows consistent respect for the 50-day MA as dynamic support, with no closes below it since early August. This multi-timeframe alignment underscores structural strength, though a close below the 50-day MA may signal near-term consolidation.
MACD & KDJ Indicators
The MACD (12,26,9) displays a bullish crossover above the signal line as of early September, accelerating through the latest rally. Concurrently, KDJ oscillators (K:86, D:79, J:100) reflect overbought territory (K >80, J >90), typically a cautionary signal. However, sustained price strength can prolong overbought conditions. Divergence appears absent currently, as both momentum indicators align with the uptrend. A bearish MACD crossover or KDJ reversal below 80 may foreshadow profit-taking.
Bollinger Bands
Bollinger Bands (20-day, 2σ) expanded sharply during the September rally, indicating heightened volatility and confirming breakout validity. Price consistently hugs the upper band, characteristic of strong uptrends. The 20-day midline ($243.30) now acts as immediate support. Narrowing bands preceded the early-September surge, highlighting their efficacy in anticipating volatility spikes. Continued upper-band proximity suggests near-term bullish persistence.
Volume-Price Relationship
Volume surged 105% to 29.85 million shares during the 09-15 rally, validating breakout conviction—exceeding the 20-day average volume of 21.7 million. Notably, the 09-03 gap-up (+9.01%) recorded the year’s highest volume (72.25 million), establishing a volume anchor point at $231.10. Recent accumulation phases (e.g., 08-25 to 09-10) saw volume decline during minor pullbacks, confirming weak selling pressure. Sustained volume above 20-day averages supports trend continuation.
Relative Strength Index (RSI)
The 14-day RSI reads 76, firmly in overbought territory (>70). While such levels often precede reversals, RSI can remain elevated in strong trends—evident during July’s rally where RSI hovered near 75 for two weeks before a mild pullback. Traders should monitor for bearish divergence (price highs with lower RSI peaks). Current readings suggest near-exhausted upside momentum, increasing susceptibility to short-term profit-taking.
Fibonacci Retracement
Applying Fibonacci levels to the primary uptrend from the 2024-11-06 low ($171.41) to the 2025-09-15 high ($252.75):
- 23.6% retracement: $235.20 (near 09-05 low of $232.38)
- 38.2%: $221.50 (aligns with the 50-day MA)
- 61.8%: $198.70 (converges with 200-day MA and psychological $200 support)
The 23.6% level held during early-September dips, reinforcing its significance. Any retracement toward $221.50 would offer a high-probability entry zone within the broader uptrend.
Confluence and Divergence Summary
Confluence exists in the bullish alignment: (1) price above all key MAs, (2) volume-backed breakout, (3) MACD acceleration, and (4) Bollinger Band expansion. KDJ and RSI overbought readings present the primary caveat, though no bearish divergences are yet observed. The 50-day MA ($228.15) and Fibonacci 23.6% level ($235.20) form a critical support band. Below this, the 100-day MA ($209.40) and Fibonacci 38.2% ($221.50) offer secondary buffers.