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Amedisys, Inc. Breaks Below 200-Day Moving Average - Bearish for AMED

By Market News Video Staff, Tuesday, May 24, 1:59 PM ET
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In trading on Tuesday, shares of Amedisys, Inc. (NASDAQ:AMED) crossed below their 200 day moving average of $30.42, changing hands as low as $30.32 per share. Amedisys, Inc. shares are currently trading down about 1% on the day. The chart below shows the one year performance of AMED shares, versus its 200 day moving average:

Amedisys, Inc. 200 Day Moving Average Chart

Looking at the chart above, AMED's low point in its 52 week range is $22.82 per share, with $50.72 as the 52 week high point — that compares with a last trade of $30.58.

According to the ETF Finder at ETF Channel, AMED makes up 1.39% of the S&P SmallCap Health Care Portfolio ETF (NASDAQ:PSCH) which is trading lower by about 0.5% on the day Tuesday.

     See what other ETFs contain AMED »
     See what other stocks are held by PSCH »

AMED operates in the Diagnostics sector, among companies like CorVel Corp. (NASDAQ:CRVL) which is off about 0.7% today, and Bio-Reference Laboratories, Inc. (NASDAQ:BRLI) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of AMED, versus CRVL and BRLI.

AMED,CRVL,BRLI Relative Performance Chart


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This Article's Word Cloud:   AMED   According   Amedisys   Average   BRLI   Below   CRVL   Channel   ETFs   Investment   Moving   NASDAQ   PSCH   Portfolio   Tuesday   about   allows   among   asset   average   below   bonds   chart   companies   completely   currently   designed   growth   hands   history   lower   moving   operates   other   performance   point   portfolio   price   range   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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