• Return to Headlines

Google Looks to Continue to Trade Above its Annual-High Share Price Today

By Nick Russo

Google (NASDAQ:GOOG) traded at a new 52-week high today of $979.27. Approximately 579,000 shares have changed hands today, as compared to an average 30-day volume of 1.9 million shares.

Google (NASDAQ:GOOG) has potential upside of 1.5% based on a current price of $976.65 and analysts' consensus price target of $991.11. The stock should find initial support at its 50-day moving average (MA) of $727.30 and further support at its 200-day MA of $696.56.

Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.

In the past 52 weeks, shares of Google have traded between a low of $515.18 and a high of $979.27 and are now at $976.65, which is 90% 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 recommended that subscribers consider buying shares of Google on April 24th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $856.66. Since that recommendation, shares of Google have risen 13.9%. We continue to monitor GOOG for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: 52 week high/lows google

Ticker(s): GOOG