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Google Crosses Above its 10-day MA (GOOG)

By David Diaz

Google (NASDAQ:GOOG) shares have crossed bullishly above their 10-day moving average of $709.75 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.

Google share prices have moved between a 52-week high of $789.87 and a 52-week low of $515.18 and are now trading 39% above that low price at $714.45 per share. 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 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