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Select Medical Down 17.6% Since SmarTrend Downtrend Call (SEM)

By Shiri Gupta

SmarTrend identified a Downtrend for Select Medical (NYSE:SEM) on December 14th, 2018 at $17.17. In approximately 3 months, Select Medical has returned 17.59% as of today's recent price of $14.15.

In the past 52 weeks, Select Medical share prices have been bracketed by a low of $13.54 and a high of $21.65 and are now at $14.15, 5% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 0.8%.

Select Medical Holdings Corporation is an operator of specialty hospitals and outpatient rehabilitation clinics. The Company provides medical rehabilitation services on a contract basis at nursing homes, hospitals, assisted living and senior care centers, schools, and work sites.

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

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

Keywords: spotlights select medical

Ticker(s): SEM