Automatic wave scan: as of 5 Nov 2026, the automatic daily count for Alphabet is Wave 5 up with a bullish bias. The count stays valid while price holds 276.92.
Current Alphabet wave count
Automatic wave scan Updated daily from the latest daily close (4 Nov 2026). Computer generated from swing highs and lows, not reviewed by an analyst.
Automatic scan: price is in wave 5, the final leg of a five wave advance that began at 327.74 on 10 Sep 2026. Next levels to watch are 296.49 and 339.17. The count fails on a daily close below 276.92.
Key levels
| Type | Levels |
|---|---|
| Resistance | 359.40 · 335.51 |
| Support | 276.92 · 272.11 |
| Invalidation | 276.92 |
What is Alphabet?
Google was founded in 1998 by Larry Page and Sergey Brin, and Alphabet was created as its parent company in 2015. It is based in Mountain View, California. GOOGL shares carry voting rights, while GOOG shares do not.
Search advertising remains the main source of profit. YouTube, Google Cloud and the Gemini AI models are key growth areas.
What moves the Alphabet price?
- Advertising spending: Ad budgets follow the economic cycle.
- AI competition: New AI search tools are both a threat and an opportunity.
- Google Cloud: Cloud growth and margins are watched each quarter.
- Antitrust cases: US and EU legal cases over search and ads can affect the business.
- Buybacks and dividends: Alphabet began paying a dividend in 2024.
How Alphabet moves in Elliott Wave terms
Alphabet's chart shows long uptrends with occasional sharp corrections, such as in 2022. Its waves often follow the Nasdaq 100 but can diverge on legal or AI news.
Gaps after earnings are common, so wave counts should allow for them.
Tips for counting Alphabet waves
Watch legal rulings and cloud growth. Quarterly earnings reports often start or end a wave. Price gaps after results can skip over levels, so place stops with gaps in mind.
Alphabet key facts
Alphabet Elliott Wave FAQ
What is the difference between GOOGL and GOOG?
GOOGL Class A shares have voting rights. GOOG Class C shares have no voting rights. Prices are usually very close.
How does Alphabet make money?
Mostly from advertising on Google Search and YouTube, plus Google Cloud and other services.
Does Alphabet pay a dividend?
Yes. Alphabet started paying a quarterly dividend in 2024.
Sources and further reading
- Alphabet filings (10-K and 10-Q) (U.S. Securities and Exchange Commission)
- Alphabet Investor Relations (Alphabet Inc.)
- Alphabet Inc. (Wikipedia)
Educational content only. Nothing on this page is financial advice or a recommendation to buy or sell. Trading involves risk and you can lose money. Elliott Wave counts are probabilities, not certainties. Read our full disclaimer and affiliate disclosure.
