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Bullish Moving Average Cross by Google (GOOG)

By James Quinn

Google (NASDAQ:GOOG) shares have crossed bullishly above their 10-day moving average of $957.94 on a volume of 493K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher 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 $988.25 and are now at $959.32, which is 86% above that low price. Over the last five market days, 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

Ticker(s): GOOG