Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $635.00 short call and a strike $640.00 long call offers a potential 38.89% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $635.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $3.60 would be incurred if the stock rose above the $640.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Google is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Google is bearish.
The RSI indicator is at 76.27 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Google
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Thu, 30 Jul 2015 09:01:00 GMT
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Thu, 30 Jul 2015 08:05:00 GMT
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Thu, 30 Jul 2015 06:45:16 GMT
Google signs up Sri Lanka as first Project Loon partner
Thu, 30 Jul 2015 06:01:46 GMT
Financial Times – Project Loon, Google's stratospheric internet access project, has signed its first national agreement with the government of Sri Lanka, making the small tropical island nation a frontrunner in the race …
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