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Shares of ALR Up 26.9% Since Uptrend Call on Shares

By James Quinn

SmarTrend identified an Uptrend for Alere Inc (AMEX:ALR) on November 18th, 2016 at $38.98. In approximately 10 months, Alere Inc has returned 26.89% as of today's recent price of $49.46.

In the past 52 weeks, Alere Inc share prices have been bracketed by a low of $31.47 and a high of $50.63 and are now at $49.46, 57% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 2.2%.

Alere, Inc. offers patient diagnosis, monitoring, and health management services. The Company produces consumer and professional medical diagnostic products as well as remotely monitors patients for pre-eclampsia and who are prescribed warfarin for atrial fibrillation.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Alere Inc shares.

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

Keywords: spotlights amex:alr alere inc

Ticker(s): ALR