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Ehealth Inc Bullish Moving Average Crossover Alert (EHTH)

By James Quinn

Ehealth Inc (NASDAQ:EHTH) crossed over its 10-day moving average of $76.39 on a volume of 102K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Ehealth Inc share prices have moved between a 52-week high of $112.22 and a 52-week low of $18.35 and are now trading 319% above that low price at $76.97 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.3% while the 200-day MA has risen 1.5%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ehealth Inc on August 26th, 2019 by issuing a Downtrend alert when the shares were trading at $97.58. Since that call, shares of Ehealth Inc have fallen 22.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: moving crosses ehealth inc

Ticker(s): EHTH