Guide
How to read Google order flow (GOOGL)
Order flow is the live record of who is buying and selling: the resting orders in the order book and the trades that hit them. For Google, Swiftedge shows it free and around the clock on the Google perpetual future (GOOGL), which follows Alphabet stock in US dollars per share. The stock itself trades on Nasdaq from 9:30 AM to 4:00 PM ET, with pre-market and after-hours trading around that session; the perpetual keeps trading at night and at weekends, and those hours shape how its order book behaves.
What Google order flow shows
The Google order book heatmap shows resting buy and sell orders as bright bands (walls) above and below the price; the Google footprint chart splits every candle into the shares bought and sold at each price. Both are live in Swiftedge Depth for Google, on the Google perpetual future, with candlesticks, CVD and liquidations. It follows GOOGL closely, but it is not the stock: its walls are orders in the perpetual, not on Nasdaq or in the options market, and holding it gives no shares, votes or dividends.
The hours that matter
The perpetual never closes, but the stock does, and most new information arrives while the stock trades. All times are New York time (ET):
| Time (ET) | The stock | What to watch in the perpetual |
|---|---|---|
| 04:00–09:30 | Pre-market trading | Thin volume; the overnight range forms |
| 09:30 | The regular session opens | Usually the busiest moment of the day; walls near the price get tested |
| 16:00 | The regular session closes | The close sets the previous day's levels; results usually follow |
| 16:00–20:00 | After-hours trading | The first reaction to results and late news |
| 20:00–04:00, weekends, holidays | No trading on the exchanges | Only the perpetual trades, usually on a thin book |
Swiftedge began recording the Google perpetual in November 2026, so this guide describes what to look for rather than measured averages. Today's times in your time zone, holidays and early closes are on Google trading sessions.
Reading the open
Before 09:30 ET, mark the previous regular session's high, low and close, the pre-market high and low and the largest walls on Google levels today. At the open, the footprint shows whether the first push was met by size, with heavy selling into a bid that does not give way (absorption), or ran straight through it. A wall that is pulled as the price approaches was never real support; one that trades slowly while the price holds was. None of it predicts the day; it shows who was active.
Earnings and news after the close
The Google perpetual follows Alphabet's Class A shares (GOOGL), which carry votes; the Class C shares (GOOG) trade separately at a slightly different price. Alphabet usually reports after the US close in late January or early February, and in late April, July and October.
When results land after 16:00 ET, the stock trades only after hours, on thin volume, while the perpetual keeps trading as usual. The reaction shows up in its footprint as a burst of aggressive orders in one direction, and on the heatmap as walls that are pulled or moved. The book is thinner than in the regular session, so a market order can move the price further than usual.
Nights and weekends
From Friday 20:00 to Monday 04:00 ET, and all day on US market holidays, the stock does not trade on the exchanges. The Google perpetual keeps trading, so a weekend move is a thin-book read of the news: smaller walls that are easier to pull, and a price that can jump when the stock trades again on Monday. A big wall at night deserves less trust than the same size during the regular session.
A short checklist
- Know the session: regular, pre-market, after-hours or closed. Sizes mean more while the stock trades.
- Mark the previous session's high, low and close and the overnight range on Google levels today.
- Know whether results are due; US data at 08:30 ET and Fed decisions are on the economic calendar.
- Watch how walls near the price behave when they are hit: absorbed, eaten or pulled.
- Check the Google liquidation heatmap: forced orders waiting near the price can speed up a move.
Common questions
Is there a free Google order flow tool?
Yes: Swiftedge, with no sign-up. The Google heatmap in Depth, the Google footprint chart and Google levels today are live on the Google perpetual future, 24/7.
Is the Google perpetual the same as GOOGL stock?
No. It follows the share price in US dollars per share and trades around the clock, but it is a perpetual future, not the stock: it gives no ownership, and its price can differ from the last price on Nasdaq, most of all while the stock market is closed.
When does Google trade most?
In the stock market, the regular session from 9:30 AM to 4:00 PM ET carries most of the volume, and the open is usually the busiest moment. Swiftedge began recording the Google perpetual in November 2026 and has no measured averages for it yet.
Does Google trade at weekends?
The Google perpetual does, 24/7, usually on a thin book. The stock does not trade on the exchanges from Friday 8:00 PM to Monday 4:00 AM ET.
Does the Google perpetual follow GOOGL or GOOG?
GOOGL, Alphabet's Class A shares. GOOG, the Class C shares without votes, trades separately at a slightly different price.