Insurance Technology Industry News

TMCNet:  Shares of CVH Up 33.6% Since Uptrend Call on Shares

[February 05, 2013]

Shares of CVH Up 33.6% Since Uptrend Call on Shares

Feb 05, 2013 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Coventry Health Care (NYSE:CVH) on August 17th, 2012 at $34.74. In approximately 6 months, Coventry Health Care has returned 33.58% as of today's recent price of $46.40.

In the past 52 weeks, Coventry Health Care share prices have been bracketed by a low of $27.72 and a high of $46.58 and are now at $46.40, 67% above that low price. The 200-day and 50-day moving averages have moved 0.52% higher and 0.42% higher over the past week, respectively.

Coventry Health Care, Inc. is a managed health care company operating health plans and insurance companies under a variety of names. The Company provides health maintenance organization, preferred provider organization, point of service, Medicare and Medicaid, and Network Rental to members in markets throughout the Midwest, Mid-Atlantic, and Southeast United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Coventry Health Care shares.Log in and add Coventry Health Care (CVH) 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

[ Back To Insurance Technology Homepage's Homepage ]

FREE Insurance Technology enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!