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TMCNet:  OraSure Technologies Down 22.7% Since SmarTrend Downtrend Call (OSUR)

[December 17, 2012]

OraSure Technologies Down 22.7% Since SmarTrend Downtrend Call (OSUR)

Dec 17, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified a Downtrend for OraSure Technologies (NASDAQ:OSUR) on October 19th, 2012 at $9.30. In approximately 2 months, OraSure Technologies has returned 22.69% as of today's recent price of $7.19.

Over the past year, OraSure Technologies has traded in a range of $6.29 to $14.01 and is now at $7.13, 13% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 4.1% while the 200-day MA has slid 0.8%.

OraSure Technologies, Inc. develops, manufactures, and markets medical devices and diagnostic products. The Company supplies oral fluid collection devices and assays to the life insurance industry and public health markets for the detection of antibodies to HIV. OraSure also supplies oral fluid testing solutions for drugs-of-abuse testing.

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

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

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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