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Evolent Health-A Rising Today on Above-Average Volume (EVH)

By David Diaz

Shares of Evolent Health-A are trading today in above average volume, with the share price rising 3.0% to $26.92. About 1.0 million shares have been traded today, as compared to the 30-day average volume of 704,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Evolent Health-A on August 13th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $22.90. Since that recommendation, shares of Evolent Health-A have risen 14.2%. We continue to monitor EVH for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Evolent Health-A share prices have moved between a 52-week high of $27.50 and a 52-week low of $10.30 and are now trading 161% above that low price at $26.85 per share. Over the last five market days, the 200-day moving average (MA) has gone up 1.2% while the 50-day MA has advanced 1.1%.

Keywords: unusual volume evolent health-a

Ticker(s): EVH