Today, shares of Google (NASDAQ:GOOG) have advanced above their 10-day MA of $626.21 on a volume of 1.2 million shares. This may provide short-term investors a chance for a long position, as such a crossover often suggests higher prices in the near term.
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.
Google share prices have moved between a 52-week high of $678.64 and a 52-week low of $380.63 and are now trading 66% above that low price at $632.70 per share. The 200-day and 50-day moving averages have moved 0.37% higher and 2.20% higher over the past week, respectively.
There is potential upside of 1.6% for shares of Google based on a current price of $632.70 and an average consensus analyst price target of $642.78. Google shares have support at the 50-day moving average (MA) of $549.37 and additional support at the 200-day MA of $539.91.