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Downtrend Call Working As Opko Health Stock Falls 36.7% (OPK)

By James Quinn

SmarTrend identified a Downtrend for Opko Health (NYSE:OPK) on December 30th, 2016 at $9.56. In approximately 7 months, Opko Health has returned 36.72% as of today's recent price of $6.05.

Opko Health share prices have moved between a 52-week high of $12.15 and a 52-week low of $5.99 and are now trading 1% above that low price at $6.05 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.9% while the 200-day MA has slid 1.2%.

OPKO Health, Inc. is involved in the discovery, development, and commercialization of pharmaceutical products, vaccines, and diagnostic products.

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

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

Keywords: spotlights opko health

Ticker(s): OPK