• Return to Headlines

Bullish Moving Average Cross by Google (GOOG)

By James Quinn

Google (NASDAQ:GOOG) shares have crossed bullishly above their 10-day moving average of $828.44 on a volume of 191K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Over the past year, Google has traded in a range of $515.18 to $853.50 and is now at $831.41, 61% above that low. 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 tracking the current trend status for Google and will alert subscribers who have GOOG in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses google

Ticker(s): GOOG