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Alphabet Inc-A Bearish Moving Average Crossover Alert (GOOGL)

By James Quinn

Today, shares of Alphabet Inc-A (NASDAQ:GOOGL) have crossed bearishly below their 10-day moving average of $1161.94 on a volume of 302K shares. Swing traders may find an opportunity for a short position, as such a crossover often suggests lower prices in the near term.

In the past 52 weeks, shares of Alphabet Inc-A have traded between a low of $977.66 and a high of $1296.97 and are now at $1145.56, which is 17% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has remained constant.

SmarTrend is monitoring the recent change of momentum in Alphabet Inc-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Alphabet Inc-A in search of a potential trend change.

Keywords: moving crosses alphabet inc-a

Ticker(s): GOOGL