• Return to Headlines

Alphabet Inc-C Crosses Below its 10-day MA (GOOG)

By James Quinn

Alphabet Inc-C (:GOOG) shares have crossed bearishly below their 10-day moving average of $1182.28 on a volume of 169K 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-C have traded between a low of $970.11 and a high of $1289.27 and are now at $1178.02, which is 21% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.8% while the 200-day MA has risen 0.2%.

SmarTrend recommended that subscribers consider buying shares of Alphabet Inc-C on June 18th, 2019 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $1,107.69. Since that recommendation, shares of Alphabet Inc-C have risen 7.4%. We continue to monitor GOOG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses :goog alphabet inc-c

Ticker(s): GOOG