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Downtrend Call Working As Orasure Tech Stock Falls 26.6% (OSUR)

By Shiri Gupta

SmarTrend identified a Downtrend for Orasure Tech (NASDAQ:OSUR) on February 7th, 2019 at $9.73. In approximately 6 months, Orasure Tech has returned 26.58% as of today's recent price of $7.14.

In the past 52 weeks, Orasure Tech share prices have been bracketed by a low of $7.03 and a high of $17.97 and are now at $7.14, 2% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 1% while the 50-day MA has declined 0.7%.

OraSure Technologies, Inc. develops, manufactures, and markets medical devices and diagnostic products. The Company supplies oral fluid collection devices and assays to the life insurance industry and public health markets for the detection of antibodies to HIV. OraSure also supplies oral fluid testing solutions for drugs-of-abuse testing.

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

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

Keywords: spotlights orasure tech

Ticker(s): OSUR