Welcome to our comprehensive weekly analysis of Alphabet Inc. (NASDAQ:GOOGL) for Week 2, February 2026! This blog delivers a world-class, actionable breakdown of GOOGL’s technical and fundamental landscape, empowering traders and investors to navigate the week ahead with clarity and confidence. Let’s dive in! 🚀

📈 Chart Overview & Technical Summary

• Trend: Strong uptrend, price trading above the 9-day moving average.

• Momentum: RSI at 65.70 (bullish, approaching overbought but still rising).

• Support Levels: Major at $331.89, minor at $314.97.

• Resistance: Recent high at $340.00.

• Pattern: Ascending trend with recent swing high at $340.00.

• Volume: Increasing on advances, decreasing on pullbacks—confirming bullish conviction.

• MACD: Bullish crossover, supporting ongoing upward momentum.

Key Chart Takeaways

📰 Latest News & Catalysts (Jan 27 – Feb 2, 2026)

• Analyst upgrades: Oppenheimer ($300), Barclays ($315), Piper Sandler ($365); consensus target $334.60. [MarketBeat]

• Institutional buying: Quantum Portfolio Management increased GOOGL holdings by 19.1%. [MarketBeat]

• AI innovation: Launch of Project Genie, a new AI model for 3D world generation, enhancing Google’s competitive edge in AI. [MarketBeat]

• Upcoming earnings: Q4/FY 2025 results due February 4, 2026. [Alphabet Investor]

• Insider activity: CEO Sundar Pichai and other insiders sold shares, lowering insider ownership to 11.64%.

• Antitrust clarity: Recent court outcomes resulted in lighter penalties, removing major regulatory overhangs.

🔬 Technical Analysis

GOOGL continues to exhibit a robust bullish structure as we enter the second week of February 2026. Here’s a detailed breakdown:

• Support: $331.89 is the primary support, with a secondary floor at $314.97. A pullback to these levels may offer buying opportunities.

• Resistance: $340.00 is the immediate resistance. A sustained break above could trigger further upside toward $350.00.

• Pattern: Ascending channel, with higher highs and higher lows—classic uptrend formation.

• MACD: Bullish crossover, indicating momentum remains to the upside.

• Volume: Notably higher on up days, suggesting institutional accumulation and conviction in the trend.

Volume and MACD Table

📊 Fundamental & News Impact

• Revenue Growth: Alphabet is forecast to grow revenues by ~14% in 2026, in line with big tech peers. [Nasdaq]

• AI Leadership: Project Genie and Gemini reinforce Google’s position in generative AI, supporting long-term growth.

• Antitrust Relief: Recent positive court outcomes reduce regulatory risk, allowing focus on innovation and expansion.

• Institutional Support: Increased holdings by funds like Quantum Portfolio Management signal confidence in GOOGL’s outlook.

• Risks: Insider selling and potential regulatory/IP issues remain, but are currently outweighed by positive momentum and innovation.

📅 Scenarios & Actionable Outlook for Week 2, February 2026

Trade Ideas & Risk Management

• Aggressive: Buy at $338.00 (current level), stop-loss $331.00, target $350.00 – riding the trend continuation.

• Conservative: Wait for a pullback to $331.89–$333.00, stop-loss $327.00, target $345.00 – focus on confirmed support.

• Invalidation: Weekly close below $314.97 would shift bias to neutral/bearish.

• Risk: Limit risk to 1–2% of capital per trade; use ATR for stop placement.

🔎 Weekly Outlook Summary

Alphabet (GOOGL) enters Week 2 of February 2026 with a bullish technical setup, strong institutional support, and positive sentiment ahead of its Q4 earnings. The uptrend remains intact, with momentum and volume confirming the move. Key risks include insider selling and regulatory uncertainties, but these are currently outweighed by innovation in AI and robust revenue projections. Traders should monitor the $340.00 resistance and $331.89 support for actionable opportunities.

Disclaimer: This analysis is for informational purposes only and does not constitute investment advice. Please conduct your own research or consult a professional before making trading decisions.