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36.8% Return Seen to Date on SmarTrend Medicines Comp Call (MDCO)

By Shiri Gupta

SmarTrend identified an Uptrend for Medicines Comp (NASDAQ:MDCO) on August 22nd, 2019 at $35.20. In approximately 3 weeks, Medicines Comp has returned 36.78% as of today's recent price of $48.14.

In the past 52 weeks, Medicines Comp share prices have been bracketed by a low of $16.69 and a high of $49.00 and are now at $48.14, 188% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 2.7% while the 200-day MA has risen 1.8%.

The Medicines Company develops products that improve specialized care. The Company markets Angiomax, an anticoagulant approved in the United States and other countries for use in patients undergoing coronary angioplasty procedures.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Medicines Comp shares.

Log in and add Medicines Comp (MDCO) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights medicines comp

Ticker(s): MDCO