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Evolent Health-A Bullish Moving Average Crossover Alert (EVH)

By Shiri Gupta

Evolent Health-A (NYSE:EVH) crossed over its 10-day moving average of $22.74 on a volume of 171K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Evolent Health-A have traded between a low of $10.30 and a high of $27.15 and are now at $23.30, which is 126% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.5% while the 50-day MA has advanced 1.8%.

SmarTrend recommended that subscribers consider buying shares of Evolent Health-A on December 5th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $13.08. Since that recommendation, shares of Evolent Health-A have risen 72.8%. We continue to monitor EVH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses evolent health-a

Ticker(s): EVH