Molina Healthcare: The Trend Continues Lower (MOH)
Wednesday, February 24, 2010 - 07:26
Written on Wed, 02/24/2010 - 7:26am
By Chip Brian

SmarTrend identified a Downtrend for Molina Healthcare (NYSE:MOH) on January 22, 2010 at $22.26. In approximately 1 month, Molina Healthcare has returned 3.2% as of today's recent price of $21.55.
Molina Healthcare is currently below its 50-day moving average of $22.38 and below its 200-day moving average of $21.85. Look for these moving averages to decline to confirm the company's downward momentum.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Molina Healthcare.

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