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

By Amy Schwartz

Shares of Kindred Healthca are trading up 5.8% to $9.10 today on above average volume. Today's volume of 1.1 million shares tops the average 30-day volume of 844,000 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 13.2%. We continue to monitor KND for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Kindred Healthca share prices have moved between a 52-week high of $12.55 and a 52-week low of $5.60 and are now trading 62% above that low price at $9.09 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.5% while the 200-day MA has slid 0.9%.

Keywords: unusual volume kindred healthca

Ticker(s): KND