Alphabet Shares Rise 0.78% but Remain Below Three Daily Averages

Alphabet Inc.’s Class A shares rose $2.21, or 0.78%, to $284.78 on Friday, Nov. 6, while remaining below their 20-day, 50-day and 200-day exponential moving averages. The close left the stock about 12.3% below its level before the company released third-quarter results after the market closed Oct. 28. Shares opened at $284.90 and reached an intraday high of $290.49 before dipping to $284.59. The close was 19 cents above the session low and $5.71 below the high. Alphabet finished $2.21 above Thursday’s close of $282.57. Trading ended at 4 p.m. ET (21:00 UTC). At Friday’s close, the 20-day exponential moving average (EMA) was $309.07, or $24.29 above the share price. The 50-day EMA stood at $326.99, a gap of $42.21, while the 200-day EMA was $327.50, or $42.72 higher.

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