Google's most recent trend suggests a bearish bias. One trading opportunity on Google is a Bear Call Spread using a strike $735.00 short call and a strike $745.00 long call offers a potential 51.52% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $735.00 by expiration. The full premium credit of $3.40 would be kept by the premium seller. The risk of $6.60 would be incurred if the stock rose above the $745.00 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 57.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Google
Next For #BlackLivesMatter: Google Backs Tech To Keep Police Accountable
Wed, 18 Nov 2015 12:00:03 GMT
Google slashes minimum app price on Google Play in emerging markets
Wed, 18 Nov 2015 10:10:00 GMT
Google lowers minimum app prices in 17 countries
Wed, 18 Nov 2015 06:27:00 GMT
How this Googler is trying to shake up Hollywood's idea of who an ‘engineer' is
Wed, 18 Nov 2015 02:18:42 GMT
Business Insider – Julie Ann Crommett describes her job as a “tech-and-Hollywood hybrid.” She's Google's…
Google Maps offers offline option
Wed, 18 Nov 2015 02:01:06 GMT
AAP – Google Maps is getting disconnected. With an update for Android phones, you'll be able to search nearby businesses and get driving directions, including turn-by-turn voice prompts, even if your internet connection is spotty or non-existent. Google says a version for iPhones will come soon.
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