Evolent Health-A Down 40.5% Since SmarTrend Downtrend Call (EVH)

SmarTrend identified a Downtrend for Evolent Health-A (NYSE:EVH) on May 29th, 2019 at $11.95. In approximately 3 months, Evolent Health-A has returned 40.48% as of today's recent price of $7.11.

In the past 52 weeks, Evolent Health-A share prices have been bracketed by a low of $5.50 and a high of $29.05 and are now at $7.08, 29% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 2.6% while the 200-day MA has slid 1.7%.

Evolent Health, Inc. provides a purpose-built platform, powered by our technology, proprietary processes and integrated services, enables providers to migrate their economic orientation from fee-for-service, and FFS, reimbursement to payment models that reward high-quality and cost-effective care, and value-based payment models.

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

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