Alphabet Shares Rise 0.78% but Remain Below Three Daily Averages

Alphabet Inc.’s Class A shares rose $2.21, or 0.78%, to $284.78 on Friday, Nov. 6, while remaining below their 20-day, 50-day and 200-day exponential moving averages. The close left the stock about 12.3% below its level before the company released third-quarter results after the market closed Oct. 28.

Shares opened at $284.90 and reached an intraday high of $290.49 before dipping to $284.59. The close was 19 cents above the session low and $5.71 below the high. Alphabet finished $2.21 above Thursday’s close of $282.57. Trading ended at 4 p.m. ET (21:00 UTC).

At Friday’s close, the 20-day exponential moving average (EMA) was $309.07, or $24.29 above the share price. The 50-day EMA stood at $326.99, a gap of $42.21, while the 200-day EMA was $327.50, or $42.72 higher. GOOGL closed 7.9% below the 20-day measure, 12.9% below the 50-day and 13% below the 200-day. Its 14-day relative strength index was 29.92.

The stock closed at $324.89 on Oct. 28, before Alphabet released its third-quarter earnings. The Nov. 6 close was $40.11 lower, a decline of about 12.3%. TokenPost previously covered the post-earnings share decline.

For the quarter ended Sept. 30, Alphabet recorded revenue of $127.577 billion, up 25% from a year earlier. Net income available to common stockholders fell to $26.170 billion from $34.979 billion in the same quarter a year earlier. Free cash flow was negative $9.065 billion.

Alphabet maintained its 2026 capital spending outlook of $195 billion to $205 billion. Chief Financial Officer Anat Ashkenazi told investors on the Oct. 28 earnings call, “We continue to expect our CapEx to increase significantly in 2027.”