Death Cross Alert: Alphabet Stock Drops The Signal, Bears Pick It Up

Alphabet Inc.‘s GOOGL GOOG stock is about to form the dreaded ‘Death Cross,‘ and investors aren't exactly searching for the upside. Chart created using Benzinga ProWith Alphabet stock falling to $146.75, well below its 50-day simple moving average of $174.39 and 200-day SMA of $174.21, the bearish signal couldn't be louder. The Death Cross—when the 50-day moving average slips below the 200-day—is a classic red flag that a downtrend might be starting. Alphabet stock is heading right towards it.Read Also: App ...