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Envision Healthc Bearish Moving Average Crossover Alert (EVHC)

By Amy Schwartz

Envision Healthc (NYSE:EVHC) shares have crossed bearishly below their 10-day moving average of $45.59 on a volume of 1.9 million shares. This may provide short-term investors a chance for a short position, as such a crossover often suggests lower prices in the near term.

Over the past year, Envision Healthc has traded in a range of $23.77 to $48.70 and is now at $45.38, 91% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.2%.

SmarTrend recommended that subscribers consider buying shares of Envision Healthc on December 11th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $32.63. Since that recommendation, shares of Envision Healthc have risen 40.2%. We continue to monitor EVHC for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses envision healthc

Ticker(s): EVHC