Uptrend Call Working As Omnicare Stock Rises 16.8% (OCR)
SmarTrend identified an Uptrend for Omnicare (NYSE:OCR) on September 6th, 2012 at $33.32. In approximately 5 months, Omnicare has returned 16.84% as of today's recent price of $38.93.
Omnicare share prices have moved between a 52-week high of $39.09 and a 52-week low of $29.24 and are now trading 33% above that low price at $38.96 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.5%.
Omnicare, Inc. provides geriatric pharmaceutical services. The Company distributes pharmaceuticals, and provides related pharmacy consulting and other ancillary services, data management services and medical supplies to skilled nursing facilities, assisted living facilities, retirement centers, independent living communities, hospitals, hospice, and other healthcare providers.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Omnicare shares.
Log in and add Omnicare (OCR) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights Omnicare