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Shares of ALR Up 29.0% 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 8 months, Alere Inc has returned 29.01% as of today's recent price of $50.29.

Over the past year, Alere Inc has traded in a range of $31.47 to $50.50 and is now at $50.29, 60% above that low. 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