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Allscripts Healt Shares Down 15.1% Since SmarTrend's Sell Call (MDRX)

By Nick Russo

SmarTrend identified a Downtrend for Allscripts Healt (NASDAQ:MDRX) on February 5th, 2018 at $14.39. In approximately 2 months, Allscripts Healt has returned 15.05% as of today's recent price of $12.22.

Allscripts Healt share prices have moved between a 52-week high of $16.12 and a 52-week low of $9.80 and are now trading 25% above that low price at $12.22 per share. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has advanced 0.7%.

Allscripts Healthcare Solutions, Inc. develops and markets clinical software. The Company's products include electronic health records, electronic prescribing, revenue cycle management, practice management, document management, medication services, hospital care management, emergency department information systems and homecare automation.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Allscripts Healt.

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

Keywords: spotlights allscripts healt

Ticker(s): MDRX