Shares of ABCO Up 42.0% Since Uptrend Call on Shares
SmarTrend identified an Uptrend for Advisory Board (NASDAQ:ABCO) on March 21st, 2016 at $30.59. In approximately 7 months, Advisory Board has returned 42.01% as of today's recent price of $43.44.
In the past 52 weeks, shares of Advisory Board have traded between a low of $18.87 and a high of $60.38 and are now at $43.44, which is 130% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 1.3%.
The Advisory Board Company provides best practice research and analysis to the health care industry. The Company focuses on business strategy, operations, and general management issues. Advisory provides its services through discrete annual programs to a membership of hospitals, health systems, pharmaceutical and biotechnology companies, health care insurers, and medical device companies.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Advisory Board shares.
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