Alphabet Crosses Above Key Moving Average Level

In trading on Tuesday, shares of Alphabet crossed above their 200 day moving average of $2763.96, changing hands as high as $2825.48 per share.

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Alphabet shares are currently trading up about 3.5% on the day. 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 $2010.73 per share, with $3042 as the 52 week high point — that compares with a last trade of $2827.20. The GOOG DMA information above was sourced from TechnicalAnalysisChannel.com