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Medidata Solutio Has Returned 16.2% Since SmarTrend Recommendation (MDSO)

By Nick Russo

SmarTrend identified a Downtrend for Medidata Solutio (NASDAQ:MDSO) on September 12th, 2018 at $79.22. In approximately 1 month, Medidata Solutio has returned 16.23% as of today's recent price of $66.36.

In the past 52 weeks, Medidata Solutio share prices have been bracketed by a low of $41.65 and a high of $88.87 and are now at $66.36, 59% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.6%.

Medidata Solutions, Inc. provides hosted clinical development solutions. The Company's solutions include comprehensive platform that integrates electronic data capture, or EDC, with a clinical data management system, or CDMS, in a single solution that replaces traditional paper-based methods of capturing and managing clinical data.

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

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

Keywords: spotlights medidata solutio

Ticker(s): MDSO