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Downtrend Call Working As Computer Programs & Systems Stock Falls 48.7% (CPSI)

By Shiri Gupta

SmarTrend identified a Downtrend for Computer Programs & Systems (NASDAQ:CPSI) on March 16th, 2016 at $51.33. In approximately 7 months, Computer Programs & Systems has returned 48.75% as of today's recent price of $26.31.

Over the past year, Computer Programs & Systems has traded in a range of $24.18 to $59.16 and is now at $26.31, 9% above that low. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.9%.

Computer Programs and Systems, Inc., is a healthcare information technology company that designs, develops, markets, installs and supports computerized information technology systems to hospitals. The Company also provides software and hardware products.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Computer Programs & Systems.

Log in and add Computer Programs & Systems (CPSI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights computer programs & systems

Ticker(s): CPSI