Bearish Moving Average Cross by Google (GOOG)
Today, shares of Google (NASDAQ:GOOG) have fallen below their 10-day MA of $723.83 on a volume of 337K shares. This may provide swing traders with 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 Google have traded between a low of $515.18 and a high of $789.87 and are now at $721.92, which is 40% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has remained constant.
SmarTrend is monitoring the recent change of momentum in Google. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Google in search of a potential trend change.
Keywords: moving crosses google