Alphabet Breaks Above 200-Day Moving Average
In trading on Friday, shares of Alphabet crossed above their 200 day moving average of $102.45, changing hands as high as $103.49 per share. Alphabet Inc shares are currently trading up about 1.3% on the day.
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The chart below shows the one year performance of GOOG shares, versus its 200 day moving average:
Looking at the chart above, GOOG’s low point in its 52 week range is $83.45 per share, with $144.1625 as the 52 week high point — that compares with a last trade of $102.39. The GOOG DMA information above was sourced from TechnicalAnalysisChannel.com
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This article was originally published by Forbes.com. Read the original article here.