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Shares of Alphabet Inc-A Rise Above Previous 52-Week High

By David Diaz

Alphabet Inc-A (NASDAQ:GOOGL) traded today at a new 52-week high of $1202.99. Approximately 367,000 shares have changed hands today, as compared to an average 30-day volume of 1.8 million shares.

Alphabet Inc. operates as a holding company. The Company, through its subsidiaries, provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce, and hardware products.

In the past 52 weeks, Alphabet Inc-A share prices have been bracketed by a low of $672.66 and a high of $1202.99 and are now at $1201.23, 79% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.0% while the 200-day MA has risen 0.4%.

Alphabet Inc-A (NASDAQ:GOOGL) has potential upside of 3.8% based on a current price of $1201.23 and analysts' consensus price target of $1246.32. Alphabet Inc-A shares have support at the 50-day moving average (MA) of $1120.07 and additional support at the 200-day MA of $1077.07.

SmarTrend is monitoring the recent change of momentum in Alphabet Inc-A. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Alphabet Inc-A in search of a potential trend change.

Keywords: 52 week high/lows alphabet inc-a

Ticker(s): GOOGL