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Shares of HCSG Down 19.0% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Healthcare Servs (NASDAQ:HCSG) on February 6th, 2018 at $50.15. In approximately 2 months, Healthcare Servs has returned 18.97% as of today's recent price of $40.64.

Over the past year, Healthcare Servs has traded in a range of $34.83 to $56.20 and is now at $40.64, 17% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.6%.

Healthcare Services Group, Inc. provides housekeeping, laundry, linen, facility maintenance, and food services. The Company offers its services to the health care industry, including nursing homes, retirement complexes, rehabilitation centers, and hospitals. Healthcare Services operates in the United States and Canada.

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

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

Keywords: spotlights healthcare servs

Ticker(s): HCSG