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Kindred Healthca Rising on Above-Average Volume, Consistent With Trend (KND)

By James Quinn

Kindred Healthca shares are trading on heavy volume today, having risen 0.8% to $9.03. Today's volume of 711,000 shares tops the average 30-day volume of 615,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

SmarTrend recommended that subscribers consider buying shares of Kindred Healthca on November 7th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $7.60. Since that recommendation, shares of Kindred Healthca have risen 17.8%. We continue to monitor KND for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

In the past 52 weeks, shares of Kindred Healthca have traded between a low of $5.50 and a high of $11.75 and are now at $9.03, which is 64% above that low price. The 200-day and 50-day moving averages have moved 0.24% higher and 0.06% higher over the past week, respectively.

Keywords: unusual volume kindred healthca

Ticker(s): KND