Alphabet’s Google stock (NASDAQ: GOOG) had a historic run in 2026, delivering nearly 50% returns since its March lows. It rose from a low of $273 in late March and briefly touched $400 this week in May. However, the search giant is unable to comfortably trade above $400 and is struggling to climb the threshold. The development is making traders rethink taking an entry position, and they are waiting for the dips.

In this article, we will explain why Google stock is struggling to climb above the $400 level. It’s been nearly a week since GOOG has been trading at the $390+ level, but has not received a push in the charts. The price stagnation comes as traders and institutional clients are initiating sell-offs and booking profits. The robust Q1 earnings made Alphabet beat all market expectations, which eventually led to the price rise on the heels of the revenue call.

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Google Stock is Stuck Around $400: Here’s Why

Despite briefly touching its 52-week high of $403.70 on Wednesday, GOOG is struggling to maintain itself at this level. One of the reasons for it to remain under $400 is the technical overextension in the RSI Factor. Alphabet’s Relative Strength Index (RSI) has surged above 70, which is a sign that Google stock is now in the ‘overbought’ section. Since it has already surged from $273 to $403 in less than two months, investors are now waiting for a pullback.

Another reason is that the $400 level is a massive psychological resistance, which mostly sees sell orders for profit bookings. That is the exact number where most of the traders aim to lock in their gains. This creates a supply wall, which makes Google stock attractive to massive buying pressure and a trading volume so large that it finds a breakthrough above $400. It is yet to find that supply wall, as the sellers are now overcrowding the $400 psychological level.