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Shares of MDRX Down 30.1% Since Downtrend Call on Shares

By Nick Russo

SmarTrend identified a Downtrend for Allscripts Healt (NASDAQ:MDRX) on October 10th, 2018 at $13.41. In approximately 2 months, Allscripts Healt has returned 30.10% as of today's recent price of $9.37.

Over the past year, Allscripts Healthas traded in a range of $9.36 to $16.12 and are now at $9.37. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has declined 2.1%.

Allscripts Healthcare Solutions, Inc. develops and markets clinical software. The Company's products include electronic health records, electronic prescribing, revenue cycle management, practice management, document management, medication services, hospital care management, emergency department information systems and homecare automation.

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

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

Keywords: spotlights allscripts healt

Ticker(s): MDRX